A total of 1,000 shares of Nokia Corporation ("Nokia") were subscribed for based on Nokia's 1999 employee stock option plan as of 30 December 2004. This resulted in an increase of Nokia's share capital by 60 euros and of shareholders equity by EUR 16,827.50. The new shares carry all shareholder rights as from the registration date, January7, 2005 and the shares has been admitted to public trading on the Helsinki Exchanges together with the old Nokia share class (NOK1V) as from the same date.
As a result of the increase, the share capital of Nokia is currently EUR 279,825,678.00 and the total number of shares is 4,663,761,300.
Nokia's 1999 employee stock option plan, approved by the Annual General Meeting in 1999, expired as of 31 December 2004. The last day of trading with the stock options on the HEX was December 23, 2004.
Helsinki Exchanges has admitted to their main list, as was the case in 2004, the new shares to be issued based on exercises under Nokia's 2001 and 2003 employee stock option plans, i.e. "Nokia Uudet" as a separate share class (NOK1VM105) with effect from January 7, 2005. The purpose of the continuous listing is to improve the efficiency of the exercise process of Nokia's outstanding stock option plans and the related share subscriptions. The listing enables trading with newly issued shares already prior to the trade registration of the new shares, which only takes places at certain dates during the year.
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