Rhi Magnesita (GB:RHIM) has released an update.
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RHI Magnesita N.V. disclosed that its CEO, Stefan Borgas, exercised options over 30,000 shares under the company’s Long Term Incentive Plan, with the shares to be held until March 2026. The options, vested based on performance conditions outlined in the 2023 Remuneration Report, were transferred from the company’s treasury without any consideration payable. The transaction was conducted off-market on May 2, 2024, demonstrating the company’s confidence in its continued growth and leadership in high-grade refractory product solutions.
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