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Restatement of previously disclosed information on Nokia's ownership in Alcatel-Lucent

Nokia Corporation Stock Exchange Release February 22, 2016 at 21:50 (CET +1) Restatement of previously disclosed information on Nokia's ownership in Alcatel- Lucent Espoo, Finland - Today, Alcatel-Lucent restated the total number of its shares and voting rights since January 31, 2016. As a result, today Nokia announces a restatement of its previously disclosed ownership in Alcatel-Lucent...
New York, (informazione.news - comunicati stampa - telecomunicazioni)

Nokia Corporation
Stock Exchange Release
February 22, 2016 at 21:50 (CET +1)

Espoo, Finland - Today, Alcatel-Lucent restated the total number of its shares and voting rights since January 31, 2016. As a result, today Nokia announces a restatement of its previously disclosed ownership in Alcatel-Lucent. Based on the restated information, following the settlement-delivery of its reopened public exchange offer for Alcatel-Lucent securities in France and the United States, Nokia owned 90.34% of the share capital and 90.25% of the voting rights of Alcatel-Lucent, corresponding to 87.33% of Alcatel-Lucent's shares on a fully diluted basis, instead of 91.25% of the share capital and 91.17% of the voting rights, as announced in Nokia's stock exchange releases on February 10 and 12, 2016, in the subsequent events discussion and related notes to the financial statements in Nokia's report for Q4 and full year 2015 results published on February 11, 2016, as well as in the summary, operating and financial review and prospects, capitalization and indebtedness of Nokia and significant change in financial condition or operating result sections of Nokia's supplement to its listing prospectus published on February 12, 2016.

 

Following the conversion of all the OCEANEs tendered into the initial and reopened public exchange offer at the applicable improved conversion ratios, on February 12, 2016, Nokia owned 91.53% of the share capital and 91.45% of the voting rights of Alcatel-Lucent (instead of 92.34% of the share capital and 92.26% of the voting rights, as reported on February 12, 2016). After the directed share issue disclosed on February 19, 2016 Nokia will hold approximately 91.84% of the share capital and 91.77% of the voting rights of Alcatel-Lucent. This corresponds to approximately 87.91% of Alcatel-Lucent's shares on a fully diluted basis.

 

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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