Konecranes to host AGM in 2022

One of the leading port equipment manufacturers globally, Konecranes Plc has disclosed that its Annual General Meeting will take place on Wednesday, March 30, 2022. It also disclosed when all its financial records will be published in 2022.

This development was contained in a statement made available to PortNews by Konecranes.

According to the statement, “Konecranes’ Board of Directors will convene the Meeting at a later date. A shareholder is entitled to have considered by the General Meeting a matter falling within the remit of the General Meeting provided that the matter is presented in writing in time for it to be included in the notice convening the Meeting. A request is considered as having been received in good time if the Board of Directors has been notified of such a request on Monday, January 24, 2022, at the latest.

“Konecranes observes a silent period prior to the publication of its interim reports, half-year financial report and financial statement release starting at the end of the quarter in question.

“As announced earlier, Konecranes and Cargotec will merge to create a global leader in sustainable material flow. The completion of the merger is subject to necessary merger control approvals having been obtained and other conditions to completion having been fulfilled. The merger is expected to take place by the end of H1/2022. Until the completion of the merger, both companies will operate fully separately and independently.”

Konecranes noted that its merger and the merger consideration securities have not been and will not be registered under the U.S. Securities Act of 1933 (the “Securities Act”), and may not be offered, sold or delivered within or into the United States, except pursuant to an applicable exemption of, or in a transaction not subject to, the Securities Act.

Konecranes is a world-leading group of Lifting Businesses™, serving a broad range of customers, including manufacturing and process industries, shipyards, ports and terminals. Konecranes provides productivity-enhancing lifting solutions as well as services for lifting equipment of all makes. In 2020, Group sales totaled EUR 3.2 billion. The Group has around 16,500 employees in 50 countries. Konecranes shares are listed on the Nasdaq Helsinki (symbol: KCR).

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