Nokia announces delisting from Paris Stock Exchange

Core Viewpoint - Nokia Corporation has announced its delisting from the Euronext Paris stock exchange, with the delisting expected to take effect on December 31, 2025, following approval from the Board of Euronext Paris [1][3]. Summary by Sections Delisting Announcement - The decision to delist was made after a review of trading volumes, costs, and administrative requirements associated with the listing on Euronext Paris, which was initially established in April 2015 during the acquisition of Alcatel-Lucent [2]. Impact on Operations - The delisting will not affect Nokia's daily operations in France or its listings on Nasdaq Helsinki and the New York Stock Exchange, where shares are traded as American Depositary Receipts [3]. Voluntary Sales Facility - A voluntary sales facility will be established to allow shareholders to sell their Nokia shares listed on Euronext Paris. Shareholders can trade until December 30, 2025, the last trading day before the delisting [4][9]. - Shareholders wishing to sell their shares through this facility must instruct their financial intermediaries to deliver shares to Société Générale between December 2, 2025, and December 15, 2025 [5]. Sale Process - Shares delivered to Société Générale will be sold on Nasdaq Helsinki starting January 2, 2026, at the prevailing market price. Nokia will not be involved in the sale process, which will be managed independently by Société Générale [6][8]. - Société Générale will calculate the average sale price during the sales period and transfer the proceeds to shareholders once received [7]. Indicative Calendar - Key dates related to the voluntary sales facility and delisting include: - Euronext notice regarding the Sales Facility: November 27, 2025 - Beginning of the voluntary Sales Facility period: December 2, 2025 - End of the voluntary Sales Facility period: December 15, 2025 - Last day of trading on Euronext Paris: December 30, 2025 - Delisting from Euronext Paris: December 31, 2025 - Sale on Nasdaq Helsinki: Beginning January 2, 2026 [11].