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Nokia warrants exercised for share subscription
June 07, 1999
A total of 266,580 Nokia shares with the nominal value of EUR 0.24 were subscribed for after the previous increase in the share capital was registered on April 23, 1999.
The shares were subscribed for with the warrants attached to the bond loans issued to the key personnel of Nokia. With the warrants of the 1994 bond loan 3,488 shares were subscribed for, with the warrants of the 1995 bond loan 56,800 shares and with the warrants of the 1997 bond loan 206,292 shares. The issue of these bond loans was approved by the Annual General Meetings of April 7, 1994, March 30, 1995 and March 25, 1997, respectively.
The increase in the share capital, in total EUR 63,979.20 was registered in the Finnish Trade Register on June 7, 1999. As a result of the increase, the share capital of Nokia is now EUR 291,029,166.72 and the total number of shares is 1,212,621,528. Nokia received as additional shareholders' equity in total EUR 3,077,846.29.
The holders of the new shares are entitled to all shareholders' rights from the registration date. The new shares are listed at the Helsinki Exchanges together with the old shares on June 8, 1999. Listing of the shares will also be applied for at the Frankfurt, London, New York, Paris and Stockholm Stock Exchanges.
The subscription for shares with the Nokia 1995 and 1996 bond loans with warrants began in December 1997 and with the Nokia 1994 bond loan with warrants in December 1998.
Nokia is the world's leading mobile phone supplier and a leading supplier of mobile and fixed telecom networks including related customer services. Nokia also
supplies solutions and products for fixed and wireless datacom, as well as multimedia terminals and computer displays. In 1998, net sales totaled EUR 13.3
billion (USD 15.7 billion). Headquartered in Finland, Nokia is listed on the New York (NOK), Helsinki, Stockholm, London, Frankfurt and Paris stock exchanges,
has sales in over 130 countries and employs more than 47000 people worldwide.
Contact information:
Nokia, Corporate Communications, tel. +358 9 1807 459
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