Nomination committee in Cereno Scientific AB appointed ahead of annual general meeting 2023
Instruction for the appointment of the nomination committee in Cereno Scientific AB (“Cereno” or “Company”) was resolved at the annual general meeting on June 1, 2022. The basis for this assessment has been the ownership holding as of May 31, 2022, in addition to a representative from Cereno’s Board in form of the Chair of the Board. The Company announced today that the representatives of the nomination committee are now appointed.
According to the instructions resolved at the annual general meeting, the nomination committee should be appointed as follows. The Company’s largest shareholder, or group of shareholders, as of May 31, 2022, has the right to appoint one representative of the nomination committee. Furthermore, a group of shareholders that consists of the Company’s founders Sverker Jern and Niklas Bergh have the right to appoint one representative of the nomination committee. In addition, the nomination committee must include the Chair of the Board who must also be the convener.
The nomination committee ahead of the annual general meeting 2023 has thus been appointed and comprises:
- Cihan Punar, representing the Company’s largest group of shareholders per May 31, 2022
- Sverker Jern, representing the Company’s founders Sverker Jern och Niklas Bergh
- Catharina Bäärnhielm, convening member and Chair of the Board of Cereno
One of the members, but not the Chair of the Board, must be appointed the Chair of the nomination committee. The nomination committee's term of office extends until a new nomination committee is appointed.
Cereno’s annual general meeting will take place in Gothenburg on June 1, 2023. The time and location will be announced in conjunction with the publication of the notice.
Shareholders who wish to submit proposals to the nomination committee are welcome to do so via e-mail info@cerenoscientific.com, or to the Company’s postal address:
Valberedningen
Cereno Scientific AB
AstraZeneca BioVentureHub
Pepparedsleden 1
431 83 Mölndal
The proposal shall be received by the nomination committee no later than January 31, 2023. The nomination committee’s proposal will be announced in conjunction with the publication of the notice, at the latest.
For further information, please contact:
Hans Naess, interim CFO
Phone: +46 793 40 79 00
Email: info@cerenoscientific.com
http://www.cerenoscientific.com/
About Cereno Scientific AB
Cereno Scientific is a clinical-stage biotech company within cardiovascular diseases. The lead drug candidate, CS1, is a Phase II candidate in development for the treatment of the rare disease pulmonary arterial hypertension (PAH). CS1 is an HDAC (histone deacetylase) inhibitor that acts as an epigenetic modulator with pressure-reducing, reverse-remodeling, anti-inflammatory, anti-fibrotic and anti-thrombotic properties, all relevant for PAH. A clinical Phase II study is ongoing to evaluate CS1’s safety, tolerability and efficacy in patients with PAH. A collaboration agreement with global healthcare company Abbott allows Cereno to use their cutting-edge technology CardioMEMS HF System in the study. Cereno also has two promising preclinical drug candidates in development for cardiovascular disease through research collaborations with the University of Michigan. Drug candidate CS585 is a stable, selective, and potent prostacyclin receptor agonist. It has been documented in preclinical studies to target the IP receptor for prevention of thrombosis without increased risk of bleeding. Drug candidate CS014 is a novel HDAC inhibitor with epigenetic effects. In preclinical studies it has been documented to regulate platelet activity, fibrinolysis and clot stability for prevention of thrombosis without increased risk of bleeding. The company is headquartered in Gothenburg, Sweden, and has a US subsidiary Cereno Scientific Inc. based in Kendall Square in Boston, Massachusetts, US. Cereno is listed on the Swedish Spotlight Stock Market (CRNO B). More information on www.cerenoscientific.com.