Newcap Holding
Company announcement no. 20/2010 – Formation of Monetar Holding AB, Sweden
Capinordic A/S / 21.05.2010 12:46 Dissemination of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- As already announced, Monetar Holding AB, Sweden, is under formation. Monetar Holding AB is a wholly-owned subsidiary of Capinordic A/S, which will bring together all the Swedish activities. Henrik Vad will become its CEO. Lennart Andersson, the chairman of the board of directors of Monetar AB and resigning chairman of the board of directors of Capinordic Asset Management, will join the board of directors of Monetar Holding AB. Mr Andersson has many years of experience from the financial industry. For example, he is chairman of the board of directors of NPG Life & Pension, Sweden, and Nordic Broker Association AB, Sweden. Yngve Andersson (68) will join the board of directors of Monetar Holding AB. Mr Andersson has worked for many years in the financial industry, for example as CEO of Trygg-Banken AB, and he has held executive positions with Swedbank and Skandinaviska Enskilda Banken. For the past 12 years, Mr Andersson has worked full-time as a member of several boards of directors. Among other offices, he is chairman of the board of directors of Kapital Kraft AB and Medcore AC, and he is a member of the boards of directors of ICA Banken AB and BĂ„set AB. Finally, Henrik Engsner (45) will join the board of directors of Monetar Holding AB. Mr Engsner works as a consultant for Spencer Stuart, Nordic Office Stockholm, and he has previously held executive positions with Carnegie Investment Bank AB, Trygg-Hansa and Skandinaviska Enskilda Banken. Moreover, he has been employed by McKinsey & Co in Scandinavia and the USA. Mr Engsner is a physics graduate from KTH Royal Institute of Technology, and he holds an MBA from Insead, Fontainebleau in France. Yours sincerely Henrik Vad Group CEO Additional information Group CEO Henrik Vad +45 8816 3000, info@capinordic.com News Source: NASDAQ OMX 21.05.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Capinordic A/S Denmark Phone: Fax: E-mail: Internet: ISIN: DK0010212570 WKN: End of News DGAP News-Service ---------------------------------------------------------------------------
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