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Press Release: Cavotec's Nomination Committee ahead of Annual General Meeting 2020

| Quelle: Dow Jones Newsw... | Lesedauer etwa 3 min. | Text vorlesen Stop Pause Fortsetzen

The Nomination Committee of Cavotec SA ("Cavotec") consists of members
appointed by Cavotec's Board of Directors, in accordance with Cavotec's
Internal Regulations. The composition of the members of the Nomination
Committee presented below is in line with the recommendations of the
Swedish Corporate Governance Code. The main purpose and responsibility
of the Nomination Committee is to present proposals for the election and
remuneration of the Chairman and the Board of Directors as well as the
Auditors to the Annual General Meeting 2020.

The Board of Directors has decided that the four largest shareholders
and the Chairman of Cavotec's Board of Directors shall be represented in
the Nomination Committee. On 31 October 2019, the four largest
shareholders recorded in the company's share register were Bure Equity
AB (27.1% of the vote), AP4 (9.8% of the vote), Nomina SA (8.1% of the
vote) and Founding Shareholders (Stefan Widegren, Lars Hellman and Peter
Brandel with families) (11.9 % of the vote).

Upon nomination from the major shareholders, the Board of Directors has
appointed the following representatives to the Nomination Committee:

Henrik Blomquist, who represents Bure Equity AB

Thomas Ehlin, who represents The Fourth Swedish National Pension Fund

Fabio Cannavale, who represents Nomina SA

Stefan Widegren, who represents the Founding Shareholders

Patrik Tigerschiöld, Chairman of Cavotec's Board of Directors

The above calculation is based on 94,243,200 shares, which represents
the total number of ordinary shares in Cavotec.

Cavotec's Annual General Meeting for the financial year 1 January 2019
31 December 2019 will be held on 15 May 2020. In order for the
Nomination Committee to be able to evaluate the proposals received with
due care, proposals must be submitted by no later than 18 March 2020.
The Nomination Committee's proposals will be presented in the Notice
convening the Annual General Meeting 2020 and on the company's website.

Shareholders in Cavotec should send proposals to the Nomination
Committee by email to nomination@cavotec.com.


For further details please contact:

Johan Hähnel

Investor Relations Manager

Telephone: +46 70 605 63 34. Email:

This information was submitted for publication, through the agency of
the contact person set out above, at 18.00 CET on 15 November 2019.

About Cavotec

Cavotec is a leading engineering group that designs and manufactures
automated connection and electrification systems for ports, airports and
industrial applications worldwide. Cavotec's innovative technologies
ensure safe, efficient and sustainable operations. To find out more
about Cavotec, visit our website at


Press Release Nomination Committee

(END) Dow Jones Newswires

November 15, 2019 12:00 ET ( 17:00 GMT)

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