eQ Oyj (HEL:EQV1V) announced on Monday that the shareholders of the company, who control over 60% of the outstanding shares and votes, have proposed to the Annual General Meeting
, to be held at 28 March 2018, that there be five persons on the board of directors.
The company said that in accordance with a decision made by the Annual General Meeting
held on 15 June 2017, the election committee shall comprise the representatives for the three largest shareholders, at the end of September 2017, and the chairman of the board.
In accordance with the resolution of the Annual General Meeting
on 18 May 2017, the chairman of the board of directors has contacted the company's three largest shareholders or group of shareholders in terms of votes to form a nomination committee.
According to the company, under a resolution adopted at Duni's Annual General Meeting
in 2017, a nomination committee has to be appointed prior to the Annual General Meeting
Reportedly, under the principles for appointment of the nomination committee, resolved by Serneke Group's Annual General Meeting
2017, the nomination committee shall be appointed following the chairman's identification of the four largest shareholders, according to voting rights.
In accordance with the decision by the Annual General Meeting
2017, the nomination committee of Catena Media shall consist of four members.