TRANSMODE AB Stockholm, Sweden - 29 September, 2014
At the Annual General Meeting on 10 April 2014 it was decided that Transmode shall have a Nomination Committee consisting of four members; one to be appointed by each of the three shareholders controlling the greatest number of votes and the Chairman of the Board of Directors. The term of office for the Nomination Committee range until a new Nomination Committee is appointed. The Chairman of the Nomination Committee shall be the member who has been appointed by the shareholder controlling the greatest number of votes, unless the members decide differently. The Nomination Committee shall be formed based on the shareholding statistics from Euroclear Sweden AB as per the last banking day in August 2014, and other information on shareholding which is available to the company at this point of time.
Transmode's nomination committee for the 2015 Annual General Meeting consists of:
Axel Roos, Pod Investment AB
Johan Lannebo, Lannebo Fonder
Marianne Flink, Swedbank Robur Fonder
Tom Nyman, Chairman of the Board of Directors at Transmode AB
The Nomination Committee's task is to present proposals, on the issues mentioned below, for presentation to and decision by the Annual General Meeting 2015: proposal for the Chairman of the Annual General Meeting, proposal for Board of Directors, proposal for Chairman of the Board of Directors, proposal for remuneration and other compensation to each member of the Board of Directors for work of the Board of Directors and compensation for committee work, proposal for auditor, proposal for remuneration to the company's auditor, and proposal for nomination procedure for the Annual General Meeting 2016.
The Annual General Meeting will be held in Stockholm on 16 April, 2015.
Shareholders wishing to make proposals to the nomination committee can do so by e-mail to nominationcommittee@transmode.com :
mailto:nominationcommittee@transmode.com%20no later than 19 February, 2015.
The information in this announcement is required to be disclosed by Transmode AB under the Swedish Securities Markets Act (Sw. lagen om värdepappersmarknaden). This information was released for publication at 08:00 AM CEST on 29 September 2014.
For more information please contact:
Jenny Gunell
Corporate Communications Officer
Transmode Systems AB
Telefon: +46 (0)8 410 881 66
Email: jenny.gunell@transmode.com:
mailto:jenny.gunell@transmode.com
About Transmode
Transmode is a global provider of packet-optical networking solutions that enable fixed line and mobile network operators to cost effectively address the capacity needs created by the rapid growth in video and data traffic. These solutions are important building blocks in next-generation high-speed optical networks that support services such as broadband backhaul, mobile data backhaul, video delivery services and cloud computing. Transmode's solutions are designed to increase the capacity, flexibility and functionality of metro and regional networks and are based on Wavelength Division Multiplexing:
http://www.transmode.com/en/technologies/wdm (WDM) and transport technologies such as Ethernet. Transmode's Native Packet Optical 2.0:
http://www.transmode.com/en/technologies/native-packet-optical-2-0 architecture gives customers key advantages such as cost efficient Ethernet services, ultra-low latency, low power consumption and future proof network design.
Transmode is headquartered in Stockholm, Sweden and is listed on the NASDAQ OMX Stockholm Exchange (TRMO). Since 2000 the company has installed more than 45,000 systems for over 550 fixed and mobile:
http://www.transmode.com/en/solutions/mobile-backhaul network operators, service providers, large enterprises and public institutions in over 50 countries across the globe.
For additional information about Transmode, please visit www.transmode.com:
http://www.transmode.com/.
http://hugin.info/134733/R/1858582/650937.pdf
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Transmode via Globenewswire
