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Cramo Plc's Shareholders' Nomination Committee 2015

Vantaa, Finland, 2015-11-18 08:00 CET (GLOBE NEWSWIRE) -- Cramo Plc    Stock Exchange Release 18 November 2015, at 9.00 am Finnish time (EET)

Cramo Plc's Shareholders' Nomination Committee 2015

The General Meeting of Shareholders of Cramo Plc, held on 31 March 2015, resolved to establish a Shareholders' Nomination Committee for an indefinite period, in accordance with the proposal of the company's Board of Directors. The Nomination Committee consists of maximum four members, of which maximum three represent the company's largest shareholders who, on the last business day of August preceding the next Annual General Meeting, hold the largest number of votes calculated of all shares in the company. Should a shareholder not wish to use its nomination right, the right may be transferred by the Chairman of the Board of Directors to the next largest shareholder who would otherwise not have a nomination right. The Chairman of the Board of Directors shall be a member of the Nomination Committee. The term of office of the members of the Nomination Committee expires annually when the new Nomination Committee has been appointed. The Committee is responsible for preparing annually proposals to the Annual General Meeting for the election and remuneration of the members of the Board of Directors.

The shareholders who wished to participate in the work of the Committee have nominated following members:

Mikael Moll, Partner, Zeres Capital; Ari Autio, Member of the Board of Directors of foundation, Rakennusmestarien Säätiö and Matti Rusanen, Head of Equity Investments and Funds, Ilmarinen Mutual Pension Insurance Company. In addition, the Chairman of Cramo Plc's Board of Directors Helene Biström is a member of the Shareholders' Nomination Committee. Mikael Moll has been elected as the Chairman of the Nomination Committee.

CRAMO PLC

Helene Biström
Chairman of the Board of Directors

 

Further information:

Helene Biström, Chairman of the Board of Directors, tel: +46 70 212 66 31

 

 

Distribution:
NASDAQ OMX Helsinki Ltd.
Major media
www.cramo.com

 

Cramo is Europe’s second largest rental services company specialising in construction machinery and equipment rental and rental-related services as well as the rental of modular space. Cramo operates in fifteen countries with 330 depots. With a group staff around 2.500, Cramo's consolidated sales in 2014 was EUR 652 million. Cramo shares are listed on the NASDAQ OMX Helsinki Ltd.