MAGNESITA REFRATÁRIOS S



MAGNESITA REFRATÁRIOS S.A.

TAXPAYER ID (CNPJ/MF) NO. 08.684.547/0001-65 PUBLICLY-HELD COMPANY


NOTICE TO SHAREHOLDERS


Result of the share fractions auction


São Paulo, January 29th, 2016 - Magnesita Refratários S.A. (Novo Mercado: MAGG3 | OTCQX: MFRSY) ("Company") announces to the Company's shareholders and the market in general that, in addition to the Notice to the Shareholders published on December 14th, 2015 and January 27th, 2016, out of the 12,350 common shares auctioned yesterday, 11,500 shares were sold at an average price of R$14.29. The 850 remaining shares will be re-auctioned on the BM&FBOVESPA on 02.02.2016, from 5:55 pm to 6:00 pm.


Once all the fractions are sold, the Company will announce through a Notice to Shareholders the amount and date on which the proceeds from the auction will be made available to the shareholders.


Eduardo Gotilla

CFO and Investor Relations Officer Magnesita Refratários S.A.

Magnesita Refratários SA issued this content on 29 January 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 29 January 2016 21:45:22 UTC

Original Document: http://ri.magnesita.com/Download.aspx?Arquivo=ItitSfvXupApVqlrf/bmnw==