Recent Manager Transactions at Nokia Corporation Confirm Growth

Exciting Developments in Nokia Corporation's Management Transactions

Nokia Corporation has recently carried out significant managerial transactions that indicate confidence in the company’s growth and future. This notice pertains specifically to a transaction executed by senior manager, Nishant Batra. This transaction, which falls under the prudential obligations of the EU Market Abuse Regulation, showcases an intriguing aspect of corporate governance.

Details of the Transaction

On November 7, 2024, a noteworthy acquisition took place under the supervision of Mr. Batra, whose role within the company is vital for decision-making in the senior management tier. The transaction occurred on the NASDAQ HELSINKI LTD cryptocurrency marketplace, which has been pivotal for Nokia's operations. The nature of the transaction was an acquisition, highlighting the company's robust strategy to enhance its market presence and shareholder value.

Understanding the Transaction Information

The specific transaction involved the acquisition of 1,418 shares at a unit price of €4.27670. This transaction not only reflects an individual commitment from the management but also signals strong prospects for Nokia's future. With a volume weighted average price calculated at the same rate, this demonstrates a calculated approach to investing in company equity.

Nokia’s Vision as a Technology Leader

At the core of Nokia's mission is the desire to foster a world that acts together through technology. The company prides itself on being a leader in B2B technology innovation, constantly pushing the boundaries of networks that can sense, think, and act. By leveraging extensive research and development, particularly through the renowned Nokia Bell Labs, Nokia positions itself at the forefront of technological advancements.

Creating Value Through Innovative Solutions

Nokia focuses on providing high-performance networks that create extensive opportunities for monetization and scalability. These networks are built on open architectures, allowing seamless integration into any ecosystem, which is vital for today’s interconnected world. This ambition strengthens the belief that Nokia remains a trusted partner for service providers, enterprises, and allies worldwide, proving their dedication to delivering secure and reliable networks.

Investor Relations and Inquiries

Nokia encourages engagement with its stakeholders through active communication channels. The company’s Investor Relations department is available to provide insights and support regarding company developments. They can be reached directly with inquiries related to financial strategies or corporate guidance.

Maria Vaismaa, the Global Head of External Communications, also plays an essential role in managing media relations. For any press or media inquiries, Nokia Communications can be contacted at +358 10 448 4900 or via email at press.services@nokia.com.

Nokia's Investor Relations can be reached at +358 40 803 4080 or at investor.relations@nokia.com, ensuring that investors have a direct line to management concerning their interests in the company.

Frequently Asked Questions

What was the recent transaction by Nokia Corporation regarding?

Nokia Corporation recently had a managerial transaction involving the acquisition of shares by Nishant Batra, indicating a strong commitment to the company’s growth.

How many shares did Nishant Batra acquire?

Nishant Batra acquired a total of 1,418 shares at a unit price of €4.27670 during the recent transaction.

What role does Nokia Corporation play in technology?

Nokia Corporation is a leading B2B technology innovation company, focusing on advancing communication networks for service providers and enterprises.

How can I contact Nokia for investor relations?

You can contact Nokia's Investor Relations at +358 40 803 4080 or via email at investor.relations@nokia.com.

What is the significance of the acquisition on Nokia's future?

The acquisition demonstrates management's confidence in the company's growth potential, reflecting strong prospects for increasing shareholder value and enhancing market presence.

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