Nokia Corporation
26 October 2001
Nokia warrants exercised for share subscription
A total of 121,768 Nokia shares were subscribed for after the increase
in the share capital registered on September 19, 2001. The shares were
subscribed for with the warrants under the Nokia Stock Option Plans
issued to the key personnel of Nokia. With the A and B warrants of the
Nokia Stock Option Plan 1997, a total of 121,648 shares were
subscribed for and with the A warrants of the Nokia Stock Option Plan
1999, a total of 120 shares. The Stock Option Plans were approved by
the Annual General Meetings of March 25, 1997 and March 17, 1999,
respectively.
The corresponding increase in the share capital, in total EUR 7,306.08
has been registered in the Finnish Trade Register on October 26, 2001.
As a result of the increase, the share capital of Nokia is currently
EUR 283,100,211.66 and the total number of shares is 4,718,336,861.
Nokia received as additional shareholders' equity a total of EUR
394,597.47.
The holders of the new shares are entitled to all shareholders' rights
from the registration date October 26, 2001. The new shares will be
listed on the Helsinki Exchanges together with the other shares on
October 29, 2001. Listing of the shares will also be applied for on
the Frankfurt, London, New York, Paris and Stockholm Stock Exchanges.
The subscription period for the A warrants of the Nokia Stock Option
Plan 1997 began in December 1997 and for the B warrants in November
1999. The subscription period for the A warrants of the Nokia Stock
Option Plan 1999 began in April 2001. The A and B warrants of the
Nokia Stock Option Plan 1997 are listed on the Helsinki Exchanges as
one security, into which the C warrants of the same plan will be
combined as additional lot. The additional lot, consisting of
4,750,000 options, will be listed on the Helsinki Exchanges together
with the other warrants of the Nokia Stock Option Plan 1997 on
November 1, 2001.
The subscription price of the 2001C 3Q/01 stock options under the
Nokia Stock Option Plan 2001, i.e. the 2001C stock options which were
granted to participants during the third quarter of 2001, was EUR
20.61. The said subscription price was determined on the basis of the
trade volume based average price of the Nokia share on the Helsinki
Exchanges from August 13 to 17, 2001.
Further information:
Nokia
Corporate Communications
tel. +358 7180 34459
fax. +358 7180 38226
www.nokia.com
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