Vesuvius weighed 551p RHI bid for Vesuvius stock

Published on 10/15/2026 at 12:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The offer valued Vesuvius at GBp 551.00 on September 29, 2026. Vesuvius stock stood at EUR 5.63 on October 15, 2026 during trading.

Offer terms and deadline

Vesuvius assessed a GBp 551.00 proposal on September 29, 2026.
RHI offered GBp 470.00 in cash and 0.28 new shares for every 10 Vesuvius shares.
Vesuvius stock trades at EUR 5.63 at 12:38 p.m. CEST at Lang & Schwarz on October 15, 2026.

Draufsicht auf feuerfeste Keramikziegel, technische Skizzen und Aktienzertifikat — Vesuvius plc Flatlay mit feuerfesten Keramikziegeln Boersen Zertifikat und ISIN Karte ISIN GB00B82YXW83, Illustration mit AI erstellt.

Vesuvius (ISIN GB00B82YXW83) was evaluating a GBp 551.00 takeover proposal from RHI Magnesita after the latest approach was disclosed on September 29, 2026. The mix included GBp 470.00 in cash and 0.28 new RHI shares for every 10 Vesuvius shares, according to Investegate.

What does the offer include?

The proposal valued each Vesuvius share at GBp 551.00 using RHI Magnesita's one-month volume-weighted average price on August 27, 2026. It also included Vesuvius's interim dividend of GBp 7.10 per share and would have left Vesuvius shareholders with about 13 percent of the enlarged RHI share capital, the company announcement said.

The transaction remained a possible offer rather than a firm bid. Vesuvius's board was reviewing the financial terms and execution risk with its advisers, while RHI Magnesita's deadline under the UK Takeover Code was October 27, 2026. The deadline is the next decisive date for the situation.

How did the proposal develop?

Vesuvius disclosed three dated stages. RHI Magnesita submitted an initial GBp 448.00 cash proposal on September 29, 2025; it then offered a total GBp 550.00 in cash on March 17, 2026; and the latest approach valued Vesuvius at GBp 551.00 on August 27, 2026, before the September 29 announcement. These figures show a headline increase of GBp 103.00 from the first proposal to the latest one.

Which dates matter next?

The interim dividend was scheduled for payment on October 8, 2026, while RHI Magnesita had until October 27, 2026, to announce a firm intention to make an offer or withdraw its interest. The possible transaction therefore remains tied to a dated regulatory decision rather than completed deal terms.

Stock price in euros

Vesuvius is listed on the London Stock Exchange under ticker VSVS. The primary-market quote was GBp 467.60 at 10:43 a.m. London time on October 15, 2026, with a 52-week range of GBp 350.00 to GBp 507.50. The market capitalization was GBP 1.1 billion as of October 15, 2026.

Vesuvius stock was trading at EUR 5.63 at Lang & Schwarz on October 15, 2026 at 12:38 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Vesuvius stock.