Nokia's Strategic Delisting from the Paris Stock Exchange
Nokia Corporation has announced its decision to delist its shares from the Paris Stock Exchange, a move that comes in light of recent evaluations by its Board of Directors. This decision marks a significant shift, confirming the company's commitment to streamline its operations and focus on its primary markets.
Background of the Delisting Decision
The decision to pursue a delisting from Euronext Paris stems from Nokia’s review of the trading activity, associated costs, and administrative obligations pertaining to its presence on this exchange. Since its shares were first listed in April 2015 during the acquisition of Alcatel-Lucent, Nokia has maintained a presence in Paris to ensure continuity for shareholders.
Nevertheless, as trading volumes have fluctuated and operational complexities have arisen, the company concluded that retaining its listing in Paris is no longer necessary. This change is expected to take effect on 31 December 2025, providing clarity and efficiency in Nokia's share trading practices moving forward.
Impact on Shareholders
Nokia has assured shareholders that this strategic delisting will not disrupt day-to-day operations in France nor affect its trading activities listed on Nasdaq Helsinki or the New York Stock Exchange, where the company’s shares also trade as American Depository Receipts.
To facilitate this transition, Nokia is establishing a voluntary sales facility, enabling shareholders to sell their Nokia shares listed in Paris effectively. This initiative aims to simplify the process for shareholders who wish to liquidate their holdings before the delisting takes place.
Options for Holders of Nokia Shares
Shareholders holding Nokia shares in Paris will have two primary options available to them:
- Option to retain their shares until the delisting date, allowing trading up until 30 December 2025 and subsequently on Nasdaq Helsinki with proper guidance from their financial intermediaries.
- Option to participate in the voluntary sales facility, which provides an opportunity to sell their shares at market prices.
Details of the Sales Facility
The voluntary sales facility is structured to operate from 2 December 2025 to 15 December 2025. Shareholders opting to sell their shares can tender them to Société Générale, which Act as the centralizing agent. The sale is anticipated to occur on Nasdaq Helsinki starting from 2 January 2026, ensuring a swift transition for participants in the sales process.
Timelines and Important Dates
Shareholders should be well aware of the following significant dates:
- Euronext notice regarding the Sales Facility: 27 November 2025
- Start of the voluntary Sales Facility: 2 December 2025
- End of the voluntary Sales Facility: 15 December 2025
- Last trading date on Euronext Paris: 30 December 2025
- Delisting date: 31 December 2025
- Sale on Nasdaq Helsinki: Beginning 2 January 2026
Nokia will cover the costs associated with centralization and brokerage fees related to this voluntary sales facility. Shareholders are encouraged to assess the associated risks with share prices which may fluctuate between the delivery of shares and final sales transactions.
About Nokia Corporation
Nokia is recognized globally as a leader in connectivity technology, paving the way for innovations within the AI landscape. With insights drawn from Nokia Bell Labs and a committed workforce, Nokia is on a journey to enhance connectivity and ensure a universally secure digital space.
Contact Information
For any inquiries regarding this delisting or the voluntary sales facility, please connect with Nokia Communications at +358 10 448 4900 or via email at press.services@nokia.com. For investor-related queries, you may contact Nokia Investor Relations at +358 931 580 507 or at investor.relations@nokia.com.
Frequently Asked Questions
Why is Nokia delisting from the Paris Stock Exchange?
Nokia is delisting to streamline operations and reduce costs associated with trading requirements in Paris.
When will the delisting of Nokia shares take effect?
The delisting is set to take effect on 31 December 2025.
What happens to my shares if I do not participate in the sales facility?
You can retain your shares until the delisting date, after which you may trade them on Nasdaq Helsinki.
How can I sell my Nokia shares in the sales facility?
Shareholders interested in selling shares must coordinate with their financial intermediaries to deliver shares to Société Générale by 15 December 2025.
Who should I contact for more information?
For detailed inquiries, you can reach Nokia’s communications team or investor relations using the provided contact information.
