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The subscription for the Nokia shares with warrants has begun
December 16, 1997
The subscription of shares in accordance with the terms and conditions of the Nokia Corporation bond loans with warrants has been possible from the beginning of December. The bond loans with warrants were issued to the key personnel of Nokia. In total 267,366 A shares with the nominal value of FIM 5 have been subscribed for. With the warrants of the 1995 bond loan 127,450 shares were subscribed for at the price of FIM 168 a share and with the warrants of the 1997 bond loan 139,916 shares at the price of FIM 307 a share. The issue of these bond loans was approved by the Annual General Meetings of 30 March, 1995 and 25 March, 1997.
The increase in the share capital, in total FIM 1,336,830, was registered in the Finnish Trade Register on 16 December, 1997. As a result of the increase, the share capital of Nokia Corporation is now FIM 1,499,086,730 and the total number of shares is 299,817,346. Nokia received as additional shareholders' equity in total FIM 64,365,812.
The holders of the new shares are entitled to all shareholders' rights from the registration date. The new shares will be listed at the Helsinki Stock Exchange together with the old shares on 17 December, 1997. Listing of the shares will also be applied for at the Frankfurt, London, New York, Paris and Stockholm Stock Exchanges.
Further information:
Nokia Corporate Communications, tel. +358 9 1807 363
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