Telecomunicazioni
Nokia issues new shares in a directed share issue
Nokia Corporation
Stock Exchange Release
February 19, 2016 at 09:15 (CET +1)
Espoo, Finland - Nokia announces today that it has issued 6 501 503 new shares ("Shares", each a "Share") in deviation from shareholders' pre-emptive rights based on a resolution by the Board of Directors on February 18, 2016, pursuant to the authorization granted by the Extraordinary General Meeting held on December 2, 2015. The Shares have been issued in exchange for Alcatel-Lucent shares in a private transaction at the same exchange ratio as that offered in Nokia's recently completed public exchange offers for Alcatel-Lucent securities in France and in the United States, i.e. 0.5500 Nokia shares for each Alcatel-Lucent share, in order to increase Nokia's ownership in Alcatel-Lucent.
The Shares will be paid by contribution in kind with the Alcatel-Lucent shares offered for exchange. The subscription price, EUR 36 343 401.77 in aggregate, is based on the closing price of Nokia's shares on Nasdaq Helsinki on February 18, 2016, and will be recorded in Nokia's fund for invested non-restricted equity. Consequently, Nokia's share capital will remain unchanged at EUR 245 896 461.96.
Nokia expects to register the Shares with the Finnish Trade Register on or about February 24, 2016. After the registration the total number of Nokia's shares will equal 5 775 945 340. The Shares will carry the right to dividends and all other shareholder rights as of the registration date. The trading in the Shares is expected to commence on Nasdaq Helsinki and Euronext Paris on or about February 25, 2016.
Nokia is a global leader in the technologies that connect people and things. Powered by the innovation of Bell Labs and Nokia Technologies, the company is at the forefront of creating and licensing the technologies that are increasingly at the heart of our connected lives.
With state-of-the-art software, hardware and services for any type of network, Nokia is uniquely positioned to help communication service providers, governments, and large enterprises deliver on the promise of 5G, the Cloud and the Internet of Things. http://nokia.com
Nokia
Communications
Tel. +358 (0) 10 448 4900
Email: press.services@nokia.com
Nokia
Investor Relations
Tel. +358 4080 3 4080
Email: investor.relations@nokia.com
Further information on the transaction can be found at: www.newconnectivity.com
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