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Nokia Corporation - Managers' transactions (Saueressig)
Globenewswireยท2025-05-07 15:00

Core Viewpoint - Nokia Corporation has implemented a resolution to pay approximately 40% of the annual fee of Board members in Nokia shares, indicating a commitment to aligning the interests of management with shareholders [1]. Group 1: Managerial Transactions - On May 7, 2025, Thomas Saueressig, a member of the Board, received a share-based incentive of 17,394 shares at a unit price of 0.00 EUR, reflecting the company's approach to incentivizing its management [2]. - The transaction was conducted on NASDAQ HELSINKI LTD, and the aggregated volume weighted average price for the shares was also 0.00 EUR [2]. Group 2: Company Overview - Nokia is recognized as a B2B technology innovation leader, focusing on creating networks that are capable of sensing, thinking, and acting, leveraging advancements across mobile, fixed, and cloud networks [3]. - The company emphasizes the importance of intellectual property and long-term research, with Nokia Bell Labs celebrating 100 years of innovation [3]. - Nokia's high-performance networks are designed with open architectures that integrate seamlessly into various ecosystems, providing new monetization opportunities and scalability for service providers, enterprises, and partners globally [4].