MS Private Foundation Voting Rights on RHI above 15%
Wien (euro adhoc) -
ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
shares/shareholder structure
According to para. 91 section 1 Austrian Stock Exchange Act, the MS Private Foundation disclosed that more than 15% of all voting rights on RHI AG shares are attributed to them in terms of law.
MS Private Foundation ("MSPF") had informed RHI on 11 January 2007
(see RHI ad hoc release) that it holds 1,108,500 shares, is entitled
to acquire additional 4,268,000 shares based on option agreements and
also is holder of convertible bonds which entitle it to the
acquisition of an additional 6,259,000 shares of RHI AG. On a fully
converted basis the highest stake which MSPF can hold in RHI AG is
29.22%. MSPF is intent not to attain a controlling stake in
accordance with of the Austrian Takeover Act by way of the exercise
of the options or the convertible bonds. MSPF considers the shares,
options and convertible bonds which it holds a long-term investment
and is not currently planning additional purchases or sales.The beneficiary of MSPF, Austrian entrepreneur Martin Schlaff, emphasized his interest in a long-term, strategic engagement in RHI, the refractories world market leader. The RHI Board of Management welcomes the engagement of an Austrian core investor.
end of announcement euro adhoc 05.03.2007 14:07:33
Further inquiry note:
RHI AG
Investor Relations
Dkfm. Markus Richter
Tel: +43-1-50213-6123
Email: markus.richter@rhi-ag.com
Branche: Refractories
ISIN: AT0000676903
WKN: 874182
Index: ATX Prime
Börsen: Wiener Börse AG / official dealing