Nokia Resolves Issue on Directed Issuance of Shares under Nokia Equity Programmes.
INTERNET BUSINESS NEWS-(C)1995-2023 M2 COMMUNICATIONS
The board of directors of Nokia has announced the resolution of issuing shares to the company and on a subsequent directed issuance under Nokia Equity Programmes, the company said.
Espoo, Finland Nokia's board of directors, has resolved to issue 59 500 000 new shares in a directed share issuance without consideration to Nokia Corp. to be later used to fulfil the company's obligations under its equity plans that vest in 2023 and in 2024.
Nokia expects that the shares are registered with the Finnish Trade Register on or about 5 October 2023 and entered in the book-entry system maintained by Euroclear Finland Ltd on or about 5 October 2023.
The total number of Nokia shares following the registration will equal 5 691 797 576. The...
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