Conversion of Nokia Corporation's EUR 750 million convertible bond into Nokia shares
November 11 2015 - 2:33AM
A total of 275 899 571 new Nokia shares have today been
registered with the Trade Register. The shares were subscribed for
by using the conversion right pertaining to Nokia's EUR 750 million
convertible bond. The conversion amount, EUR 659 400 000,
is recorded into the fund for invested non-restricted equity,
hence, the share capital of the company will not increase.
The total number of Nokia shares after registration of the
shares with the Trade Register is 3 954 650 462. Each
share carries one vote.
The new shares will carry the shareholder rights under Finnish
law as of the date of registration on November 11, 2015. The shares
can commence trading in Nasdaq Helsinki together with other Nokia
shares (NOKIA) as of November 11, 2015.
After today's registration the outstanding nominal value of the
bonds, EUR 90 400 000, is convertible into maximum of 37 824 267
new Nokia shares. On October 8, 2015 Nokia sent a redemption notice
to the holders of the convertible bond announcing that all the
outstanding bonds will be redeemed and investors can convert bonds
into Nokia shares until close of business in London on November 17,
2015. On November 26, 2015 all the outstanding bonds will be
redeemed at their principal amount plus accrued but unpaid
interest.
About Nokia
By focusing on the human possibilities of technology, Nokia
embraces the connected world to help people thrive. Our three
businesses are leaders in their fields: Nokia Networks provides
broadband infrastructure, software and services; HERE provides
mapping, navigation and location intelligence; and Nokia
Technologies provides advanced technology development and
licensing. www.nokia.com
Media Enquiries: Nokia Communications Tel. +358 (0) 10
448 4900 Email: press.services@nokia.com
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