Vantaa, Finland, 2015-02-05 15:15 CET (GLOBE NEWSWIRE) --
Ramirent has received notification from the shareholders Nordstjernan AB and Oy Julius Tallberg Ab, who together represent approximately 40 % of the shares and voting rights carried by Ramirent’s shares that they will propose the following to the Annual General Meeting 2015 for the new term that will continue until the end of the next Annual General Meeting of shareholders:
1. The number of members of the Board of Directors shall be seven (7).
2. The current members of the Board of Directors Kevin Appleton, Kaj-Gustaf Bergh, Ulf Lundahl, Mats O Paulsson, and Susanna Renlund shall be re-elected. Peter Hofvenstam (member since 2004), Erkki Norvio (member since 1986) and Gry Hege Sølsnes (member since 2011) have declined to be re-elected. Instead, Anette Frumerie and Tobias Lönnevall are proposed to be elected.
Anette Frumerie is the CEO of Besqab, a Swedish developer of housing and residential areas. She has more than 20 years’ experience from the construction sector through senior positions such as Business Unit President at Skanska and Business Region Manager and member of the Group Management Team at JM. Anette holds a Master of Science from the Royal Institute of Technology, Stockholm.
Tobias Lönnevall is an Investment Manager and member of the rental team at Nordstjernan. He has extensive experience of business development, finance and M&A from positions such as Chairman, acting CEO, Project Manager, Finance Manager and Management Consultant. Tobias holds a Master of Science from the Stockholm School of Economics.
The presentation of the persons proposed for Ramirent Plc's Board of Directors can be found on the Company’s website www.ramirent.com/agm. All candidates have given their consent to the election.
3. The remuneration per Board member is proposed to be as follows:
• Chairman: Monthly remuneration of 3,800 EUR (3,000 EUR last term) and additionally 1,600 EUR (1,500 EUR last term) for attendance at Board and Working committee meetings and other similar Board assignments.
• Vice Chairman: Monthly remuneration of 2,500 EUR (2,500 EUR last term) and additionally 1,300 EUR (1,300 EUR last term) for attendance at Board and Working committee meetings and other similar Board assignments.
• Board members: Monthly remuneration of 2,250 EUR (2,250 EUR last term) and additionally 1,000 EUR (1,000 EUR last term) for attendance at Board and Working committee meetings and other similar Board assignments.
• Travel expenses and other out-of-pocket expenses due to the Board work shall be compensated in accordance with the Company’s established practice and travel rules.
Other proposals will be published in the Notice of the Annual General Meeting.
Vantaa, 5.2.2015
RAMIRENT PLC
Magnus Rosén
President and CEO
FURTHER INFORMATION
Tomas Billing, President, Nordstjernan AB, Telephone: +46 (0)8 788 50 18
DISTRIBUTION:
NASDAQ OMX Helsinki
Main news media
www.ramirent.com
RAMIRENT – MORE THAN MACHINES. We are a leading rental equipment group combining the best equipment, services and know-how into rental solutions that simplify customer business. We serve a broad range of customers, including construction and process industries, services, the public sector and households. In 2013, Group sales totalled EUR 647 million. The Group has 2,600 employees at 302 customer centres in 10 countries in the Nordic countries and in Central and Eastern Europe. Ramirent is listed on the NASDAQ OMX Helsinki Ltd.