Caverion is a public limited company organised under the laws of the Republic of Finland, incorporated on the Effective Date of the Demerger on June 30, 2013. The Company’s business name is Caverion Corporation, and it was entered in the Finnish Trade Register maintained by the National Board of Patents and Registration of Finland on June 30, 2013. The Company is domiciled in Helsinki and its registered office is located at Panuntie 11, FI-00620 Helsinki, Finland, and its telephone number is +358 10 4071.
On 15 June 2018 the Company announced that it had directed a share issue of 9,524,000 new shares in the Company to institutional investors. The total number of issued shares in the Company following the Share Issue is 138,920,092 and the number of shares outstanding is 135,655,641. Read more about the share issue here.
All of the shares are publicly listed on Nasdaq Helsinki. The Company has a single series of shares, and each share entitles its holder to one vote at the General Meeting of the Company. The Company’s shares have no nominal value.
The trading with Caverion shares commenced on July 1, 2013.Friday, June 28, 2013, was the last trading day on which Caverion was included in the YIT share and its price. From Monday, July 1, 2013, the Caverion share has been traded as a separate security.
Caverion Corporation does not have any stock option programmes in place. The company has share-based long-term incentive plans in place for senior management and key employees (see stock exchange releases 21 December 2017 and 7 February 2018).