Vesuvius weighs 551p bid for Vesuvius stock

Published on 10/06/2026 at 09:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Vesuvius stock was last at EUR 5.50 on September 29, 2026 versus EUR 4.30. The bid includes 470p cash and 0.28 RHI shares per 10 shares.

Retro-Pop-Art-Comicbild einer Stahlwerkszene mit glühender Gießpfanne und Funken — Vesuvius plc Stahlwerk als bunter Retro Pop Art Comic mit glühender Giesspfanne ISIN GB00B82YXW83, Illustration mit AI erstellt.

Vesuvius plc (ISIN GB00B82YXW83) is evaluating a non-binding proposal valuing each share at 551p, while the latest dated German quote put Vesuvius stock at EUR 5.50. In its September 29, 2026 announcement, Investegate reported that the board was carefully evaluating RHI Magnesita's latest approach.

551p proposal sets the terms

The proposal received by Vesuvius on August 27, 2026 comprises 470p in cash for each ordinary share and 0.28 new RHI shares for every 10 Vesuvius shares, according to Investegate. The stated 551p value is based on RHI Magnesita's one-month volume-weighted average price on August 27, 2026.

The package also includes Vesuvius's interim dividend of 7.1p per share. The board is assessing both the financial terms and execution risk, so the proposal remains a possible offer rather than a firm takeover agreement.

October 27 deadline matters

RHI Magnesita must announce a firm intention to make an offer or state that it will not proceed by October 27, 2026, under Rule 2.6 of the UK Takeover Code, Investegate reported. The deadline gives the situation a defined decision point, but it does not guarantee that an offer will be made or that the proposed terms will remain unchanged.

Vesuvius supplies specialized engineering products and services for steelmaking, foundries and other high-temperature industrial processes. Its business is organized around Steel and Foundry activities, and the company reported in its investor materials that its full-year 2025 results were announced on March 12, 2026.

German quote trails London reference

The latest dated gettex quote was EUR 5.50 on September 29, 2026 at 2:44 p.m. CEST, versus a gettex prior close of EUR 4.30. On the London Stock Exchange, Vesuvius was last at GBp 444.20 on October 5, 2026 at 4:35 p.m. BST, within a 52-week range of GBp 350.00 to GBp 507.50.

The further course of trading is shown by the continuously updated real-time quote of Vesuvius stock.