CapMan Plc Stock Exchange Release 14 March 2012 3:15 p.m. EET
Decisions adopted in the organizing meeting of CapMan Plc Board of Directors
Heikki Westerlund was elected Chairman and Teuvo Salminen Vice Chairman of the Board of Directors in the Board of Directors’ organizing meeting that took place today after the Annual General Meeting.
The Board of Directors established Audit, Remuneration and Nomination Committees from among its members as follows:
Teuvo Salminen (Chairman)
Nora Kerppola (Chairman)
Claes de Neergaard
Heikki Westerlund (Chairman)
Independence of the members of the Board of Directors
The Board of Directors assessed the independence of its members and concluded that Karri Kaitue, Nora Kerppola, Claes de Neergaard and Teuvo Salminen are independent of both the company and its significant shareholders. Koen Dejonckheere is independent of the company, but non-independent of its significant shareholders. Heikki Westerlund is non-independent of both the Company and its significant shareholders.
Manager, Communications and IR
Heidi Sulin, general counsel, tel. +358 207 207 517
NASDAQ OMX Helsinki Ltd
CapMan Group is one of the leading private equity firms in the Nordic countries and Russia, with assets under management of 3.1 billion. CapMan has four key investment partnerships – CapMan Buyout, CapMan Russia, CapMan Public Market, and CapMan Real Estate – each of which has its own dedicated investment team and funds. Altogether, CapMan employs 120 people in Helsinki, Stockholm, Oslo, Moscow and Luxembourg. CapMan was established in 1989 and has been listed on the Helsinki Stock Exchange since 2001.