Equity Programs

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Nokia Board of Directors resolved on issuing shares to the company and on a subsequent directed issuance under Nokia Equity Programs
Globenewswireยท 2025-10-02 05:00
Core Points - Nokia's Board of Directors has resolved to issue 120 million new shares to fulfill obligations under its equity plans for 2025, 2026, and 2027 [1][3] - The total number of Nokia shares will increase to 5,575,850,345 following the registration of the new shares [2] - The new shares are expected to commence trading on Nasdaq Helsinki on October 3, 2025, and on Euronext Paris on October 6, 2025 [2] Summary by Sections Share Issuance - Nokia will issue 120 million new shares without consideration to itself to meet obligations under its equity plans [1][3] - The shares will also be used to settle commitments under the Employee Share Purchase Plan and various Restricted and Performance Share awards [3] Registration and Trading - The shares are expected to be registered with the Finnish Trade Register on or about October 2, 2025 [2] - Following registration, the new shares will be included in the book-entry system maintained by Euroclear Finland Ltd [2] Corporate Governance - The resolutions for share issuance are based on the authorization granted by the Annual General Meeting on April 29, 2025 [4]