Nokia Corporation Announces Recent Manager Transactions
Nokia Corporation has shared news about recent transactions involving its managers, emphasizing its dedication to transparency and adherence to regulatory standards.
Summary of Transaction Notification
This notification acts as a formal announcement under Article 19 of the EU Market Abuse Regulation, ensuring that all relevant parties are aware of their responsibilities and the potential consequences of their actions concerning company shares.
Details of the Transaction
The notification outlines a specific transaction involving Piia Susanna Martikainen, who is recognized as a closely associated individual. This information sheds light on the key players involved in the company's managerial roles.
Parties Involved
The person responsible for managerial duties in this instance is Tommi Uitto, who serves as another senior manager at Nokia Corporation.
Issuer Details
Nokia Corporation is identified by the Legal Entity Identifier (LEI) 549300A0JPRWG1KI7U06. This notification marks its initial announcement, referenced as number 75909/7/6, outlining important details of the transaction.
Analysis of the Transaction
The transaction took place on August 29, 2024, outside of a trading venue. It involved the acquisition of a share-based incentive, which reflects the ongoing performance incentives that companies often implement for their management teams.
Information on the Instrument
The instrument in question is a share, with an ISIN of FI0009000681, which is a vital part of Nokia's incentive program designed to align management's interests with those of shareholders.
Volume of the Transaction
According to the provided details, the transaction involved 358 shares. Notably, the unit price is not applicable in this situation, which is typical for share-based incentives.
Aggregated Data on Transactions
The aggregated data also confirms a volume of 358 shares, reinforcing the commitment to fair and transparent reporting for all stakeholders involved.
About Nokia Corporation
Nokia Corporation is a leading entity in the B2B technology sector, known for its innovative solutions that enhance collaboration across various networks. The company focuses on developing cutting-edge technologies that create intelligent and responsive networks, suitable for mobile, fixed, and cloud-based environments.
With a strong commitment to intellectual property and long-term research initiatives, Nokia benefits from the expertise of Nokia Bell Labs, an award-winning research and development group that plays a crucial role in the company’s innovative efforts.
Service providers, enterprises, and partners around the globe rely on Nokia for robust, secure, and sustainable network solutions, collaborating to create future-ready digital services and applications.
Contact Information for Inquiries
Nokia welcomes inquiries regarding their latest updates and transactions, providing the following contact details for further assistance:
Nokia Communications
Phone: +358 10 448 4900
Email: press.services@nokia.com
Maria Vaismaa, Global Head of External Communications
Nokia Investor Relations
Phone: +358 40 803 4080
Email: investor.relations@nokia.com
Frequently Asked Questions
What are the recent manager transactions at Nokia Corporation?
Nokia Corporation has recently announced share-based incentives involving its management, highlighting their focus on regulatory compliance.
Who is Piia Susanna Martikainen?
Piia Susanna Martikainen is identified as a closely associated person involved in the recent managerial transactions at Nokia.
What is the nature of the transactions reported?
The reported transactions involve the receipt of share-based incentives, aimed at aligning the goals of management with those of the shareholders.
Who is Tommi Uitto in the context of Nokia?
Tommi Uitto is an other senior manager at Nokia Corporation and is responsible for the managerial duties related to the recent transaction notification.
How can I contact Nokia for more information?
Nokia provides contact information for inquiries; you can reach out via email or phone through their Communications and Investor Relations departments.
