Sponda Plc is a public limited company registered in Finland and listed on the NASDAQ OMX Helsinki Stock Exchange. In its decision-making and administration, Sponda complies with the Finnish Companies Act and other legal provisions governing public limited companies, and the company’s articles of association. Sponda complies with the rules and regulations for listed companies issued by Nasdaq Helsinki Ltd and the Finnish Corporate Governance Code 2010 issued by the Securities Market Association in its entirety. Following the financial year 2015, Sponda will comply with the Corporate Governance Code 2015 issued by the Securities Market Association on 1 October 2015 and applicable from 1 January 2016.
As required by the Finnish Limited Liability Companies Act and Sponda’s articles of association, control and governance of the company is divided between the shareholders represented at General Meetings, the Board of Directors and the President and CEO. The President and CEO is assisted by an Executive Board.