Munksjö Oyj: Change in Munksjö’s Nomination Board
MUNKSJÖ OYJ, STOCK EXCHANGE RELEASE 11 December 2014 at 3.15 p.m. CET
Munksjö Oyj: Change in Munksjö’s Nomination Board
Christian Sinding, appointed to the Nomination Board of Munksjö Oyj by EQT, has resigned from the Nomination Board in accordance with the charter of the Nomination Board. EQT does not as from 4 December 2014 hold any shares in Munksjö. The Nomination Board has in accordance with its charter decided that the composition of the Nomination Board will not be complemented with a new member due to the resignation of Mr. Sinding.
The Nomination Board was appointed in June 2014 and the members, after the change in the composition, are Thomas Ahlström and Alexander Ehrnrooth. The Chairman of the Board of Directors Peter Seligson will, according to the charter of the Nomination Board, act as an expert member of the Nomination Board in addition to which the Board of Directors has elected Caspar Callerström as the second expert member of the Nomination Board. The Nomination Board among its members elected Thomas Ahlström as Chairman in June 2014.
The right to nominate the shareholder representatives lies with those three shareholders whose share of all the voting rights in the company is on 31 May preceding the next Annual General Meeting the largest on the basis of the shareholders' register of Munksjö held by Euroclear Finland. The Nomination Board prepares proposals to the Annual General Meeting for the election and remuneration of the members of the Board of Directors and the remuneration of the members of the Board committees and the Nomination Board.
Munksjö Oyj
For more information, please contact:
Åsa Fredriksson, SVP HR and Communications, tel. +46 10 250 1003
Laura Lindholm, Investor Relations Manager, tel. +46 10 250 1026
Munksjö – Materials for innovative product design
The Munksjö Group is an international specialty paper company with a unique product offering for a large number of industrial applications and consumer-driven products. Founded in 1862, Munksjö is among the leading producers in the world of high-value added papers within attractive market segments such as Decor paper, Release Liners, Electrotechnical paper, Abrasive backings and Interleaving paper for steel. Given Munksjö’s global presence and way of integrating with its customers’ operations, the company forms a global service organisation with approximately 2,900 employees. Production facilities are located in France, Sweden, Germany, Italy, Brazil, Spain and China. Munksjö Oyj is listed on Nasdaq Helsinki and Nasdaq Stockholm. Read more at www.munksjo.com.