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Share split and change of the denomination of the share classes
April 24, 1995
In accordance with the resolution made at the Nokia Corporation´s Annual General Meeting held on Thursday, 30 March 1995, the Nokia preferred share has been renamed an A-share and the common share has been renamed a K-share.
In accordance with the AGM resolution, the par value of Nokia shares has been divided by four, i.e. from FIM 20 to FIM 5. On the New York Stock Exchange, the Nokia A-share is quoted in the form of ADS (American Depositary Share). The value of one ADS has been half the value of one A-share. As a consequence of the AGM resolution, the value of the ADS has been split, after which one ADS is equivalent to one A-share.
The number of shares has quadrupled. The change in the par value of shares existing in the book entry system does not require action on the part of shareholders. The shareholders´ register has been amended automatically.
The relevant amendments to the Articles of Association having been registered with the competent authorities, trading in Nokia shares under the new denominations and on the basis of the new par value commences 24 April 1995 on those stock exchanges where Nokia shares are listed.
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