Nokia Corporation's Recent Management Transaction Highlights
Nokia Corporation's Latest Management Transactions
Nokia Corporation has recently announced significant management transactions that emphasize its ongoing operational strategies and technological innovations. Today, we dive into the details of one particular transaction involving a key manager in the company.
Transaction Details
This transaction notification is made under Article 19 of the EU Market Abuse Regulation, highlighting essential details of the event. The individual who is subject to the notification is Patrik Hammarén, an other senior manager at Nokia Corporation.
As part of this initial notification process, the transaction includes several key identifiers: the issuer is Nokia Corporation, with an LEI of 549300A0JPRWG1KI7U06, and a reference number of 93338/8/8 has been assigned to this notification.
Nature of the Share-Based Incentive
The transaction took place outside a trading venue on January 22, 2025, involving the receipt of a share-based incentive. The instrument type for this transaction is classified as a share, identified by the ISIN FI0009000681. It’s important to note that the transaction volume was significant, with 9785 units received, although the unit price is not specified.
The aggregated transaction details reinforce the volume total but similarly lack a weighted average price, illustrating a straightforward share transaction that adds to Hammarén's incentive package.
Nokia’s Commitment to Innovation
Nokia is a technology leader known for its groundbreaking advancements in the B2B sector. The company is at the forefront of creating networks that not only sense but also think and act. By utilizing insight gained across mobile, fixed, and cloud networks, Nokia strives to provide enduring value through its intellectual property and extensive research initiatives, spearheaded by the renowned Nokia Bell Labs.
With their commitment to open architectures, Nokia's high-performance networks are designed to seamlessly integrate into various ecosystems. This approach fosters new opportunities for monetization and scalability. Service providers, enterprises, and partners around the globe trust Nokia to deliver secure, reliable, and sustainable networks, partnering with them to develop the digital services and applications of tomorrow.
Company Inquiries
Nokia actively encourages inquiries about its operations and initiatives. All communications regarding transactions or business interests can be directed to Nokia Communications at +358 10 448 4900 or via email at press.services@nokia.com. Maria Vaismaa, the Global Head of External Communications, oversees these inquiries.
For investor-related questions, stakeholders can contact Nokia's Investor Relations at +358 931 580 507 or via email at investor.relations@nokia.com. This dedicated team provides critical support to investors and analysts alike.
Frequently Asked Questions
What was the nature of the transaction reported?
The transaction involved the receipt of a share-based incentive by Patrik Hammarén, a senior manager at Nokia Corporation.
When did the transaction occur?
The transaction took place on January 22, 2025.
Who can I contact for further inquiries regarding Nokia's transactions?
You can contact Nokia Communications at +358 10 448 4900 or email press.services@nokia.com.
What is the significance of this transaction?
This transaction highlights the strategies Nokia is implementing to incentivize their management team and align their interests with the company's performance.
How does Nokia ensure innovation in technology?
Nokia focuses on pioneering technology through extensive research, leveraging its Nokia Bell Labs to create enhanced network solutions.
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