MUNKSJÖ OYJ, STOCK EXCHANGE RELEASE 16 June 2016 at 2:30 p.m CEST
Munksjö Oyj: Nomination Board appointed
Munksjö’s Nomination Board has been appointed. The Nomination Board comprises
representatives of the three largest shareholders of the company and, in
addition, two expert members: the Chairman of the Board of Directors and a
person nominated by the Board of Directors.
The following three persons have been appointed as representatives in the
- Thomas Ahlström (Ahlström Capital Oy and other shareholders as mentioned
- Alexander Ehrnrooth (Viknum AB) and
- Mikko Mursula (Ilmarinen Mutual Pension Insurance Company).
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 Mats Lindstrand
as the second expert member of the Nomination Board. The Nomination Board has
among its members elected Thomas Ahlström as Chairman.
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 Ltd and the
register of shareholders held by Euroclear Sweden AB. The Nomination Board has
been appointed by Viknum AB, Ilmarinen Mutual Pension Insurance Company and one
group of shareholders, as described below.
Holdings by a group of shareholders, who have agreed to nominate a joint
representative to the Nomination Board, are summed up when calculating the
share of all the voting rights, provided that the shareholders in question
present a joint written request to that effect together with a copy of such an
agreement to the Chairman of the Board no later than on 30 May preceding the
Annual General Meeting. Munksjö has been informed that such an agreement has
been made by AC Invest Five B.V. (a fully owned subsidiary of Ahlström Capital
Oy), Kai Nahi, Niklas Lund, Kasper Kylmälä, Michael Sumelius and Carl Ahlström.
On 31 May 2016, the holding of the shareholder group consisting of AC Invest
Five B.V. and other shareholders as described above amounted to 9,268,350
(18.2%), the holding of Viknum AB amounted to 6,050,000 (11.8%) and the holding
of Ilmarinen Mutual Pension Insurance Company to 4,101,899 (8.0%).
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.
For further information, please contact:
Anna Selberg, SVP Communications, tel. +46 10 250 10 32
Laura Lindholm, Head of Investor Relations, tel. +46 72 703 63 36
Munksjö - Intelligent paper technology
Munksjö is a world-leading manufacturer of advanced paper products developed
with intelligent paper technology. Munksjö offers customer-specific innovative
design and functionality in areas ranging from flooring, kitchens and
furnishings to release papers, consumer-friendly packaging and energy
transmission. The transition to a sustainable society is a natural driving
force for Munksjö's growth as the products can replace non-renewable materials.
This is what "Made by Munksjö" stands for. Given Munksjö's global presence and
way of integrating with the customers, the company forms a worldwide service
organisation with approximately 2,900 employees and 15 facilities located in
France, Sweden, Germany, Italy, Spain, Brazil and China. Munksjö's share is
listed on Nasdaq in Helsinki and Stockholm. Read more at www.munksjo.com.