Nokia’s Bold Move in Share Issuance
Nokia Corporation has recently made a significant decision regarding its share structure. The Board of Directors has resolved to issue 120,000,000 new shares through a directed share issuance. This initiative is intended to support the obligations under the company’s equity plans scheduled to vest in the upcoming years. Such a strategic move demonstrates Nokia's commitment to its equity-based compensation frameworks.
Upcoming Registration and Trading Details
The company anticipates that these newly issued shares will be registered with the Finnish Trade Register shortly. Upon completion, Nokia estimates that the total number of its shares will reach approximately 5,575,850,345. As part of this process, trading of the new shares is set to take place on Nasdaq Helsinki as well as on Euronext Paris, allowing investors across different markets to take part in Nokia's growth trajectory.
Equity Programs and Employee Involvement
In addition to the issuance directed towards its general equity purposes, the Board has also approved a maximum issuance of another 120,000,000 shares. These shares are earmarked for settling commitments under the Employee Share Purchase Plan for 2024-2026 and various performance and restricted share awards under the Nokia Long-Term Incentive Plans. This approach underscores Nokia’s dedication to its employees, enhancing their investment and participation in the company's future.
Enhancing Employee Engagement
By taking steps to ensure employees have vested interests in the company, Nokia fosters a culture of engagement and loyalty. This equity compensation is designed to empower employees financially and align their interests with those of shareholders. Such initiatives not only strengthen team commitment but also drive innovation and performance throughout the organization.
About Nokia’s Vision and Strategy
Nokia continues to push the boundaries of technology as a leader in B2B innovation. With a focus on connections that matter, the company develops networks that enhance operational efficiency and drive value creation. Backed by a century's worth of research from Nokia Bell Labs, the organization is committed to forging reliable and sustainable networks worldwide.
Realizing Digital Opportunities
Serving clients around the globe, Nokia's high-performance networks are designed to integrate smoothly into various ecosystems. This adaptability not only position Nokia as a preferred partner for service providers and enterprises but also paves the way for innovative digital services and applications.
Contacting Nokia
For inquiries or further information, interested parties can reach out via the following channels:
Nokia Communications
Phone: +358 10 448 4900
Email: press.services@nokia.com
Maria Vaismaa, Global Head of External Communications
Nokia Investor Relations
Phone: +358 931 580 507
Email: investor.relations@nokia.com
Frequently Asked Questions
What is the purpose of the new share issuance by Nokia?
The newly issued shares aim to fulfill Nokia's obligations under its upcoming equity plans scheduled for vesting in the next few years.
How many shares is Nokia planning to issue?
Nokia has resolved to issue a total of 120,000,000 new shares.
When will the new shares begin trading?
The new shares are expected to start trading on Nasdaq Helsinki from 3 October 2025 and on Euronext Paris from 6 October 2025.
What other commitments are covered by this issuance?
The shares will also settle obligations under the Employee Share Purchase Plan and various awards under the Long-Term Incentive Plans.
How does this issuance benefit employees?
This issuance enhances employee engagement by providing equity through various plans, aligning their interests with Nokia's growth and performance.
