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RHI AG: Acquisition of at Least 46 % of the Share Capital in Magnesita
The Management Board of RHI AG is thus authorized to take all actions stipulated in the share purchase agreement and to make any declaration necessary in the context of implementing the share purchase agreement. The completion of the transaction is amongst others subject to approvals by the relevant competition authorities, the migration of RHI to the Netherlands, the listing of RHI Magnesita’s shares in the premium segment of the Official List on the Main Market of the London Stock Exchange and RHI’s shareholders not having exceeded statutory withdrawal rights in an amount of more than EUR 70 million in connection with organisational changes preceding RHI’s migration from Austria. The migration and the preceding organisational changes in Austria require qualified approval by RHI’s shareholders’ meeting.
