NCC's Articles of Association Define Operations and Governance
Construction company NCC has published its Articles of Association, detailing its name, registered office in Solna, and business scope from contracting to real estate.
Construction firm NCC has confirmed its corporate structure through its Articles of Association, outlining the company's operational framework and governance. The official name is NCC Aktiebolag, and its registered office is located in Solna, Stockholm County, Sweden.
The company's business scope, as defined in the articles, includes contracting activities within the construction industry, manufacturing and sales of building materials and wastewater treatment equipment, capital management, and real estate operations. NCC's activities also extend to transport, industrial engineering, and related services, including the provision of staff services.
Key financial parameters such as the minimum and maximum share capital, and the number of shares, are stipulated. The articles also detail the rights associated with Series A and Series B shares, including voting rights and the conversion process between share series. Shareholder preferences for new share issues are also addressed.
Furthermore, the Articles of Association specify the composition of the Board of Directors, requiring between five and ten members. The election of auditors and the company's fiscal year, running from January 1 to December 31, are also defined. Notice procedures for General Meetings of Shareholders are outlined, including publication requirements and attendance notification.