Nokia K-shares converted to A-shares
(December 3, 1998) - Nokia Corporation's Articles of Association provide holders of K-shares the right to convert their holdings
to A-shares.
For the entire period during which this conversion of shares has been permitted, through December 3, 1998, a total of 199 092 977 K-shares have been converted to A-shares. The total amount of Nokia's shares today is 602 314 558, of which 471 725 044 are A-shares and 130 589 514 are K-shares.
Nokia is the world's leading mobile phone supplier and a leading supplier of mobile and fixed telecom networks including related
customer services. Nokia also supplies solutions and products for fixed and wireless datacom, as well as multimedia terminals
and computer monitors. In 1997, net sales totaled FIM 52.6 billion (USD 9.8 billion). Headquartered in Finland, Nokia is listed on
five European Stock Exchanges and on the New York Stock Exchange (NOK.A), has sales in 130 countries and employs more than 42,000 people world-wide.
Contact information:
Nokia Corporate Communications,
tel. +358 9 1807 485
fax +358 9 652 409 |
