Managers' Transactions at Nokia Corporation
Nokia Corporation has recently notified about a critical transaction involving one of its managers, which falls under the Article 19 notification requirement of the EU Market Abuse Regulation. This is an essential aspect of corporate governance and transparency in the financial markets.
Details of the Notification
On a specified date, Tommi Uitto, an esteemed senior manager within Nokia, engaged in a stock acquisition. This notification highlights the company's commitment to disclosing pertinent information regarding management transactions, which serves to uphold investor trust and corporate accountability.
Transaction Overview
The transaction took place on October 21, 2024, at the NASDAQ Helsinki Ltd (XHEL), where Uitto acquired 156 shares of Nokia at a unit price of 4.31633 EUR. This purchase indicates confidence in the company's future and its strategic objectives.
Transaction Details
The volumen of shares acquired was 156, with a consistent price reflecting the company's market performance. This strategic move by Uitto is indicative of a broader trend among Nokia’s leadership to align their interests with those of shareholders.
Nokia’s Commitment to Innovation
Nokia has consistently been at the forefront of technology innovation. As a leader in B2B technology, Nokia focuses on pioneering networks that not only enhance connectivity but are also adaptable and intelligent. The company's advancements span across several domains including mobile, fixed, and cloud networks.
With the legendary Nokia Bell Labs driving long-term research and intellectual property development, Nokia remains dedicated to delivering sustainable technologies that provide value today and pave the way for digital services in the future.
Building Sustainable Networks
Nokia's products are designed with a clear emphasis on security, reliability, and sustainability. Service providers, enterprises, and partners across the globe trust Nokia to deliver cutting-edge networks that meet present challenges while also looking to future innovations.
Contact Information for Inquiries
For those interested in further details regarding this transaction or any other inquiries, please reach out to Nokia's communications team or their investor relations department. They are available via phone or email, providing a clear line of communication for stakeholders.
Contact Nokia Communications
Phone: +358 10 448 4900
Email: press.services@nokia.com
Contact Person: Maria Vaismaa, Global Head of External Communications
Contact Nokia Investor Relations
Phone: +358 40 803 4080
Email: investor.relations@nokia.com
Frequently Asked Questions
What was the nature of the recent transaction by Tommi Uitto?
Tommi Uitto acquired 156 shares of Nokia Corporation at a unit price of 4.31633 EUR on October 21, 2024.
Why are managers' transactions important?
Managers' transactions are essential for maintaining transparency and trust within the financial markets and indicate the management's confidence in their company's performance.
What is Nokia Corporation known for?
Nokia is recognized for its innovative B2B technology, focusing on advanced networking solutions that are secure, reliable, and sustainable.
How can I contact Nokia for further inquiries?
You can reach Nokia's communications team at +358 10 448 4900 or via email at press.services@nokia.com for any inquiries.
What is the significance of the LEI number?
The LEI or Legal Entity Identifier is essential for identifying companies in financial transactions, enhancing transparency in capital markets.
