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Börse Express – ROUNDUP: Uniper superintendent Reutersberg resigns after taking over Fortum

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On the supervisory board of the power plant operator
Uniper it comes after the majority takeover by the
Finnish energy company Fortum to a big one
Back of chairs. So supervisor Bernhard Reutersberg joins
effective immediately, like Uniper on Friday in Düsseldorf
announced. In addition, the remaining four are independent
Members of the panel: Marion Helmes, Rebecca Ranich, Jean Francois
Cirelli and David Davies. In the short term, it will be judicial
Procedure for the appointment of new supervisory board members
initiated, it said. These should then be on the ordinary
Annual General Meeting on May 20, 2020 newly elected to the Supervisory Board
will.

Fortum welcomed the decision. The replacement of the supervisory board
make the way for strategic adjustments and cooperation
free between the two companies. Fortum could also be his
Increase presence on the panel. Fortum expected four of them in the future
to occupy six seats and have corresponding candidates
suggested. the two remaining seats should be independent
Receive members.

Fortum held most of the Uniper shares at the end of March
the hedge fund Elliott and Knight Vinke acquired and its stake
increased to almost 70 percent. The Finns had started
October last year with the two financial investors over the
Acquisition of their 20.5 percent stake in Uniper agreed. Back then
CEO Pekka Lundmark already chaired the supervisory board
claimed for a Fortum representative and more seats on the panel
required. So far, the supplier is only with its CFO
Markus Rauramo represented.

The takeover of Uniper by Fortum was with the Düsseldorfers
rejected for a long time, both sides covered themselves with
Criticism. The former management gradually resigned. With
Reutersberg is now Fortum’s last critic. He was with
Lundmark quarreled at last year’s general meeting,
when Fortum enforced the postponement of the discharge of the board members.
Lundmark will become Nokia CEO in September
./nas/he/fba

 ISIN  FI0009000681  FI0009007132  DE000UNSE018

AXC0442 2020-04-03 / 19: 26

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