Business
Correction: Transaction in Own Shares
Correction: Transaction in Own Shares.
About this update from Rhi Magnesita Nv
[{"type":"text","content":"\n \nRNS Number : 4926N RHI Magnesita N.V. 24 September 2019 \n\nThe share buyback announcement released yesterday (23 September) included an incorrect figure for the number of Shares in issue (excluding treasury shares) after the buyback, which should have been 49,077,705. This is corrected below. All other details of the announcement remain the same.\nRHI Magnesita N.V.\n(\"RHI Magnesita\" or the \"Company\")\n \nTransaction in own shares\n \nRHI Magnesita N.V. (the \"Company\") announces that on 23 September 2019 it purchased the following number of its ordinary shares, represented by depositary interests (\"Shares\") of one euro nominal value each pursuant to its £20 million share repurchase programme to satisfy awards made under employee performance share plans, details of which were announced on 12 August 2019 (the \"Programme\"), and having now purchased a total of 400,000 Shares has now completed this Programme.\n \nDescription of Shares: RHI Magnesita N.V. - ordinary shares represented by depositary interests of one euro nominal value each\nNumber of Shares repurchased: 7,663 Shares\nDate of transaction: 23/09/2019\nTime of transaction: 08:00 - 16:25\nVolume weighted average price paid per Share: 4229.3900 pence\nLowest price paid per Share: 4192.0 pence\nHighest price paid per Share: 4278.0 pence\nVenue: XLON\nBroker: Barclays Capital Securities Limited\nTotal number of Shares repurchased pursuant to the Programme to date: 400,000 Shares\n \nThe Company intends to hold the purchased Shares in treasury. Following the purchase of these Shares, the remaining number of Shares in issue will be 49,077,705 Shares (excluding treasury shares), and the Company will hold 400,000 Shares in Treasury. \n \nThe figure of 49,077,705 may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure Guidance and Transparency Rules.\n \nIn accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), detailed information about the individual purchases is attached to this announcement.\nhttp://www.rns-pdf.londonstockexchange.com/rns/3668N_1-2019-9-23.pdf\n \nFor further enqu...