Gränges Nomination Committee appointed

26 Sep 2016 | GROUP RELEASE, Regulatory - MAR

Gränges Nomination Committee for the 2017 Annual General Meeting shall consist of representatives from the three largest shareholders and the Chairman of the Gränges Board.

On 31 August 2016, Gränges’ three largest shareholders were Fourth National Swedish Pension Fund (AP4), AFA Insurance and JP Morgan Asset Management which have been invited to nominate candidates for the Nomination Committee. JP Morgan Asset Management has however declined to participate and SEB Funds was invited. The Nomination Committee for the 2017 Annual General Meeting has the following members: Jannis Kitsakis (AP4), Anders Algotsson (AFA Insurance), Rikard Andersson (SEB Funds) and Anders G Carlberg (Chairman of the Gränges Board). The Chairman of the Nomination Committee is Jannis Kitsakis.

Gränges’ 2017 Annual General Meeting will be held on Thursday, 4 May, 2017 at 16.00 CET at Näringslivets Hus, Stockholm.

Gränges shareholders who have proposals and views relating to the work of the Nomination Committee are requested to submit these to the secretary of the Nomination Committee, who is also Gränges’ General Counsel, Niclas Nelson. To enable the Nomination Committee to examine proposals received with sufficient care, these should be submitted no later than 27 January 2017.

For further information, please contact:

Niclas Nelson, General Counsel, Gränges
niclas.nelson@granges.com, tel: +46 70
8 34 96 16
Gränges AB
Box 5505
SE-114 85 Stockholm

The information in this press release is such that Gränges must disclose pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on Monday, 26 September, 2016, at 16.00 CET.

About Gränges
Gränges is a leading global supplier of rolled aluminium products for heat exchanger applications and other niche markets. In materials for brazed heat exchangers Gränges is the global leader with a market share of approximately 20%. The company develops, produces and markets advanced materials that enhance efficiency in the customer manufacturing process and the performance of the final products; brazed heat exchangers. The company’s geographical markets are Europe, Asia and the Americas. Its production facilities are located in Sweden, China and the United States, and have a combined annual capacity of 400,000 metric tonnes. Gränges has some 1,500 employees and net sales of more than SEK 10 billion. The share is listed on Nasdaq Stockholm. More information on Gränges is available at granges.com.