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Nokia warrants exercised for share subscription
October 21, 1999
A total of 115,608 Nokia shares were subscribed for after the previous increase in the share capital was registered on September 16, 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 1995 bond loan 45,200 shares and with the warrants of the 1997 bond loan 70,408 shares. The issue of these bond loans was approved by the Annual General Meetings of March 30, 1995 and March 25, 1997, respectively.
The corresponding increase in the share capital, in total EUR 27,745.92 was registered in the Finnish Trade Register on October 21, 1999. As a result of the increase, the share capital of Nokia is now EUR 291,298,188.96 and the total number of shares is 1,213,742,454. Nokia received as additional shareholders' equity in total EUR 1,228,144.23.
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 October 22, 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 1997 bond loans with warrants began in December 1997.
Contact information:
Nokia Corporate Communications
Tel. +358 9 1807 485
Fax +358 9 652 409
email: communications.corporate@nokia.com
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