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NEWS
Nokia warrants exercised for
share subscription
(August 17, 2001)
A total of 582,128 Nokia shares were subscribed for
after the increase in the share capital registered on July 27, 2001. The shares
were subscribed for with the warrants under the Nokia Stock Option Plans issued
to the key personnel of Nokia. With the A and B warrants of the Nokia Stock
Option Plan 1997, a total of 581,008 shares were subscribed for and with the A
warrants of the Nokia Stock Option Plan 1999, a total of 1,120 shares. The Stock
Option Plans were approved by the Annual General Meetings of March 25, 1997 and
March 17, 1999, respectively.
The corresponding increase in the share capital, in total EUR 34,927.68, has
been registered in the Finnish Trade Register on August 17, 2001. As a result of
the increase, the share capital of Nokia is currently EUR 281,991,750.78 and the
total number of shares is 4,699,862,513. Nokia received as additional
shareholders' equity a total of EUR 1,893,888.31.
The holders of the new shares are entitled to all shareholders' rights from the
registration date August 17, 2001. The new shares will be listed on the Helsinki
Exchanges together with the other shares on August 20, 2001. Listing of the
shares will also be applied for on the Frankfurt, London, New York, Paris and
Stockholm Stock Exchanges.
The subscription period for the A warrants of the Nokia Stock Option Plan 1997
began in December 1997 and for the B warrants in November 1999. The subscription
period for the A warrants of the Nokia Stock Option Plan 1999 began in April
2001. The A and B warrants of the Nokia Stock Option Plan 1997 are listed on the
Helsinki Exchanges as one security.