Nokia Board of Directors resolved on directed issuance under Nokia Equity Programs
November 11 2024 - 5:30AM
UK Regulatory
Nokia Board of Directors resolved on directed issuance under Nokia
Equity Programs
Nokia Corporation
Stock Exchange Release
11 November 2024 at 12:30 EET
Nokia Board of Directors resolved on directed issuance
under Nokia Equity Programs
Espoo, Finland – Nokia’s Board of Directors has resolved on a
directed issuance of a maximum number of 28 651 000 Nokia
shares (NOKIA) held by the Company as a result of the issue of new
shares on 4 October 2023, to settle the Company’s commitments under
the Nokia Long-Term Incentive Plan 2021–2023, Employee Share
Purchase Plan and other equity-based incentive plans in respect of
shares to be delivered during the year 2025 to the eligible
employees as participants in the plans. The shares are issued
without consideration. Each share delivery shall be published
separately by a stock exchange release.
The resolution to issue shares is based on the authorization
granted to the Board of Directors by the Annual General Meeting on
3 April 2024.
About Nokia
At Nokia, we create technology that helps the world act
together.
As a B2B technology innovation leader, we are pioneering
networks that sense, think and act by leveraging our work across
mobile, fixed and cloud networks. In addition, we create value with
intellectual property and long-term research, led by the
award-winning Nokia Bell Labs.
With truly open architectures that seamlessly integrate into any
ecosystem, our high-performance networks create new opportunities
for monetization and scale. Service providers, enterprises and
partners worldwide trust Nokia to deliver secure, reliable, and
sustainable networks today – and work with us to create the digital
services and applications of the future.
Inquiries:
Nokia Communications
Phone: +358 10 448 4900
Email: press.services@nokia.com
Maria Vaismaa, Global Head of External Communications
Nokia
Investor Relations
Phone: +358 40 803 4080
Email: investor.relations@nokia.com
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