Varma Mutual Pension Insurance Company

Crayfish BidCo has agreed conditional purchases of further Caverion shares which will, after FCCA approval, fulfill acceptance condition under tender offer; update on FCCA process

Retrieved on: 
Wednesday, October 18, 2023
BY, Finnish Financial Supervisory Authority, Tender offer, Tender, FOR, II, Consumer, Treasury, AFRICA, Varma Mutual Pension Insurance Company, NOT, Finnish Competition and Consumer Authority, Offer and acceptance, FCCA, Cryptocurrency, Security (finance), Pharmaceutical industry, Triton, Caverion

HELSINKI, Oct. 18, 2023 /PRNewswire/ -- Crayfish BidCo Oy has today published the following information through a stock exchange release:

Key Points: 
  • Together with the Offeror's current shareholding, the Shares to be acquired under the Conditional Share Purchases represent approximately 67.77 percent of all outstanding shares (excluding treasury shares) in Caverion, which exceeds the minimum acceptance condition of more than two-thirds (2/3) of all Shares under the Tender Offer.
  • Once the Divestment Commitment has been fulfilled, all regulatory approvals necessary for the completion of the Tender Offer will have been obtained.
  • At the same time, we have successfully concluded the FCCA's phase II investigation and received conditional merger control clearance for our tender offer in Finland.
  • The Offeror currently expects that the supplement to the Tender Offer Document will be published during October 2023.

Composition of Valmet's Nomination Board

Retrieved on: 
Tuesday, July 11, 2023
Exercise, Person, Varma Mutual Pension Insurance Company, Nomination, Remuneration, Holding company, Security (finance), Euroclear, Valmet

ESPOO, Finland, July 11, 2023 /PRNewswire/ -- According to Valmet Oyj's Annual General Meeting's decision, Valmet's Nomination Board consists of the representatives of Valmet's four largest shareholders as of July 1, and the Chairman of the Board of Directors as an expert member.

Key Points: 
  • ESPOO, Finland, July 11, 2023 /PRNewswire/ -- According to Valmet Oyj's Annual General Meeting's decision, Valmet's Nomination Board consists of the representatives of Valmet's four largest shareholders as of July 1, and the Chairman of the Board of Directors as an expert member.
  • Based on the shareholder register of Euroclear on July 1, 2023, Valmet Oyj's largest shareholders represented in the Nomination Board are Solidium Oy, Oras Invest Oy, Varma Mutual Pension Insurance Company and Ilmarinen Mutual Pension Insurance Company.
  • The following persons have been nominated as their representatives to Valmet's Nomination Board:
    Jari Paasikivi, Chairman of the Board of Directors, Oras Invest Oy (6.23% of share capital and votes)
    Mikael Mäkinen, Chairman of Valmet's Board of Directors, will serve as the Nomination Board's expert member.
  • The Nomination Board is to prepare proposals on the composition and members of the Board of Directors and their remuneration for the next Annual General Meeting, which is planned to be held on March 21, 2024.

Nordea Bank Abp: Nomination Board's proposals to Nordea's Annual General Meeting 2023 include two new Board members

Retrieved on: 
Monday, February 13, 2023
Kraft Foods, Remuneration, Annual general meeting, Sampo Group, Robin, Pension, CVS, Nature, Chairperson, AGM, Insurance, ICA Gruppen, Executive, Shareholder, Exercise, New Board, Varma Mutual Pension Insurance Company, Holding company, Pension fund, Management, Investment, Nordea

The Shareholders' Nomination Board of Nordea Bank Abp announces today its proposals to Nordea's Annual General Meeting (AGM) to be held on 23 March 2023.

Key Points: 
  • The Shareholders' Nomination Board of Nordea Bank Abp announces today its proposals to Nordea's Annual General Meeting (AGM) to be held on 23 March 2023.
  • The proposal of the Shareholders' Nomination Board for the Board of Directors to be elected by the 2023 AGM comprises ten members.
  • Chair of the Shareholders' Nomination Board, Niko Pakalén, says: "I'm happy to present the Nomination Board's proposals to the shareholders.
  • The Nomination Board emphasises the importance of Nordea remaining an attractive option for highly competent Board members that fulfil the regulatory requirements.

Nordic pension funds want to increase climate investments in emerging markets and developing economies

Retrieved on: 
Wednesday, November 9, 2022
Climate Investment Funds, KLP, Varma Mutual Pension Insurance Company, COP27, Biodiversity, Nordic Council of Ministers, COP26, Nordic Council, Government, Private sector, Climate, Swiss Bank Employees' Union, PKA, Environment, Corporate responsibility, Chief executive officer, Commerce, Partnership, Pension fund, SL, Heart, USD, DFI, SPP, Greater Manchester Pension Fund, CEO, Pennsylvania State Employees' Retirement System, Travel, Chairperson, LSR, Policy, Investment, CIC, State, ATP, Initiative, Minister, Plant, Renewable energy, Bank, Insurance, Nordic

Insurance & Pension Denmark reported today thatDanish pension funds have invested US$9 billion in new clean energy investments since July 2021.

Key Points: 
  • Insurance & Pension Denmark reported today thatDanish pension funds have invested US$9 billion in new clean energy investments since July 2021.
  • This is also the case for new investments in emerging markets and developing economies, which are proving to be on track.
  • Kent Damsgaard, CEO, Insurance and Pension Denmark
    "Our current climate investments in emerging markets and developing countries are limited.
  • Committing pension funds in 2021: Almenni Pension Fund, ATP, Bank Employees' Pension Fund, The Pension Fund for Reykjavk City Employees, Birta Pension Fund, Br Pension Fund, Environment Agency Pension Fund, Festa Pension Fund, Frjlsi Pension Fund, Gildi Pension Fund, Greater Manchester Pension Fund, Ilmarinen, KLP, Lifsverk Pension Fund, Lv Group, LSR - Icelandic Pension Fund for State Employees, Merseyside Pension Fund, Nest Pension, Pension Fund of Commerce, Skandia, SL The General Pension Fund, SPP, Stapi Pension Fund, Storebrand Group, Varma Mutual Pension Insurance Company.

Change in Stora Enso's Group Leadership Team

Retrieved on: 
Thursday, June 23, 2022
Stora Enso, CEO, Varma Mutual Pension Insurance Company, Paper, Company, CFO, Leadership, Management

Kati ter Horst, Executive Vice President, Paper Division and a member of the Group Leadership Team, has decided to leave Stora Enso as of 1 July 2022.

Key Points: 
  • Kati ter Horst, Executive Vice President, Paper Division and a member of the Group Leadership Team, has decided to leave Stora Enso as of 1 July 2022.
  • After more than 25 years with the Company, she will now pursue career opportunities outside of Stora Enso.
  • Kati ter Horst joined Stora Enso in 1996 and has been leading the Company's Paper division since 2014.
  • "As a highly valued member of our Group Leadership Team, Kati has been instrumental in driving Stora Enso's transformation journey into a renewable materials company by contributing to strategy development.

Outokumpu - Notice to the Annual General Meeting 2022

Retrieved on: 
Friday, March 4, 2022
Virginia–Rainy Lake Lumber Company Manager's Residence, Annual report, Audit committee, Chapter Five, Finnish Parliament Annex, Board of directors, Ownership, Mass meeting, Webcast, Board, AGM, COVID-19, Annual general meeting, Acquisition, Remuneration, Policy, Parliament of Finland, Shareholder, CFO, Section 1, Social insurance, Uniform Limited Liability Company Act, Company, CEO, Review, Treasury, Management, The Meeting, Legislation, Proxy, Chapter Ten, Varma Mutual Pension Insurance Company, EET, Powers, Meeting, Safety, Annual, EUR, General officer, EEST, Senior, Limited, Health, Holding company, Audit, Online gambling, Security (finance), Internet service provider, Mail order, Director

Further instructions can be found in this notice to the Annual General Meeting in section "C. Instructions for the participants of the Annual General Meeting".

Key Points: 
  • Further instructions can be found in this notice to the Annual General Meeting in section "C. Instructions for the participants of the Annual General Meeting".
  • At the Annual General Meeting, the following matters will be considered:
    The Chairman of the Meeting will be Manne Airaksinen, attorney-at-law.
  • The Board of Directors proposes to the Annual General Meeting that the Annual General Meeting adopts the annual accounts.
  • Changes in the ownership of shares after the record date of the Annual General Meeting do not affect the right to participate in the Annual General Meeting nor the number of votes of the shareholder.

The proposal of Valmet's Shareholders' Nomination Board for the composition and remuneration of the Board of Directors and amending the Charter of the Nomination Board

Retrieved on: 
Monday, January 31, 2022
Remuneration, Annual, Audit committee, Nasdaq Helsinki, Effective date, Varma Mutual Pension Insurance Company, Board of directors, Annual general meeting, Board, Interim, Osakeyhtiö, EUR, Nomination, Director, Holding company, Management, Film, Neles, Valmet, Investment

The Nomination Board notes that all proposed Board members are independent of the company.

Key Points: 
  • The Nomination Board notes that all proposed Board members are independent of the company.
  • With the exception of Aaro Cantell, the proposed board members are independent of the company's significant shareholders.
  • Furthermore, the Nomination Board proposes that a meeting fee of EUR 1,500 shall be paid to Board members for a Board travel meeting.
  • In addition, The Nomination Board proposes to the next Annual General Meeting, that the Annual General Meeting approves the Charter of the Nomination Board attached to the proposal.

Outokumpu - Proposals of the Shareholders' Nomination Board to the Annual General Meeting 2022

Retrieved on: 
Thursday, December 2, 2021
Varma Mutual Pension Insurance Company, CEO, Audit, Company, General Organization for Social Insurance, New Board, Remuneration, EUR, Annual, Shareholder, CFO, Treasury, Board, Audit committee, Holding company, Management

The Nomination Board also proposes that Kari Jordan would be re-elected as the Chairman and Kati ter Horst would be elected as the Vice Chairman of the Board of Directors.

Key Points: 
  • The Nomination Board also proposes that Kari Jordan would be re-elected as the Chairman and Kati ter Horst would be elected as the Vice Chairman of the Board of Directors.
  • Eeva Sipilhas informed the Shareholders' Nomination Board that she is no longer available for re-election to the Board of Directors.
  • The members of the Board of Directors proposed to be re-elected are independent of the company and its major shareholders.
  • The Nomination Board therefore proposes that the Board of Directors is elected as a whole, not each Board member individually.

Climate Investment Coalition (CIC) Announcement: US$130 billion in collective commitments towards clean energy and climate investments by 2030 mobilised by Nordic & UK pension funds

Retrieved on: 
Tuesday, November 2, 2021
Climate, Varma Mutual Pension Insurance Company, SPP, Climate change, Partnership, Greater Manchester Pension Fund, COP26, Politics, ATP, USD, Association, CIO, Transport, Varma, Investment, Climate Investment Funds, Solution, SL, Paris Agreement, Science, Chairperson, Carbon, Ministry of Finance (Denmark), LSR, Swiss Bank Employees' Union, United States withdrawal from the Paris Agreement, LV, CEO, Energy, Commerce, Government, KLP, IEA, Chief executive officer, CIC, Heat, Pennsylvania State Employees' Retirement System, Electricity, Faroe Islands, Pension fund, Pension, Renewable energy

As part of this commitment, pension funds will also report annually on the progress of their climate investments.

Key Points: 
  • As part of this commitment, pension funds will also report annually on the progress of their climate investments.
  • In 2019, Danish pension funds committed to invest 55 billion dollars in the green transition by 2030.
  • I am proud that we have inspired others and that Nordic and UK pension funds are now ready to invest 130 billion dollars in total by 2030.
  • Committing pension funds in 2019: Members of Insurance & Pension Denmark
    Committing pension funds in 2021: Almenni Pension Fund, ATP, Bank Employees' Pension Fund, The Pension Fund for Reykjavk City Employees, Birta Pension Fund, Br Pension Fund, Environment Agency Pension Fund, Festa Pension Fund, Frjlsi Pension Fund, Gildi Pension Fund, Greater Manchester Pension Fund, Ilmarinen, KLP, Lifsverk Pension Fund, Lv Group, LSR - Icelandic Pension Fund for State Employees, Merseyside Pension Fund, Nest Pension, Pension Fund of Commerce, Skandia, SL The General Pension Fund, SPP, Stapi Pension Fund, Storebrand Group, Varma Mutual Pension Insurance Company.

Funds Managed by Ares Management to Acquire Majority Stake in Apex Clean Energy

Retrieved on: 
Wednesday, October 6, 2021
Other Energy, Utilities, Oil, Gas, Environment, Finance, Alternative Energy, Energy, Professional Services, Lazard, C&I, Solution, IPP, Black Creek Group, Multimedia, Ares, ARES, Wind, LinkedIn, Twitter, CEO, Acquisition, Varma Mutual Pension Insurance Company, Melinda Haag, United, Primary energy, NYSE, Financial services, Renewable energy, Apex Clean Energy, Ares Management Corporation, APEX CLEAN ENERGY, ARES MANAGEMENT CORPORATION

Apex Clean Energy (Apex) and Ares Management Corporation (NYSE: ARES) (Ares) today announced that funds and other accounts managed by Ares Infrastructure and Power strategy have entered into an agreement to acquire a majority stake in Apex.

Key Points: 
  • Apex Clean Energy (Apex) and Ares Management Corporation (NYSE: ARES) (Ares) today announced that funds and other accounts managed by Ares Infrastructure and Power strategy have entered into an agreement to acquire a majority stake in Apex.
  • Apex has been a leader in clean energy sales to the C&I market over the past decade.
  • Apex and Ares are aligned on a common mission to accelerate the shift to clean energy, said Mark Goodwin, President and CEO of Apex Clean Energy.
  • Apex Clean Energy was founded with a singular focus: to accelerate the shift to clean energy.