Nokian Tyres applies for listing of stock options 2013C
Nokian Tyres plc Stock Exchange Release April 19, 2017, 12.30 p.m.
Nokian Tyres plc applies for listing of stock option rights 2013C of Nokian Tyres plc Stock Options 2013 program on Nasdaq Helsinki to commence on 2 May 2017.
A total of 1,150,000 stock options 2013C were issued.
Each stock option 2013C entitles its holder to subscribe for one share of Nokian Tyres plc at a subscription price of EUR 21.39. The share subscription period is from 1 May 2017 to 31 May 2019.
As a result of the exercise of the outstanding stock options 2013C the number of the Nokian Tyres plc shares may increase by a maximum of 1,150,000 new shares.
Evli Bank Plc acts as a subscription place for share subscriptions with Nokian Tyres plc 2013 stock options.
The shares subscribed for under stock options 2013C during 2017 will be registered into the Finnish Trade Register and listed on Nasdaq Helsinki on the following target dates:
|Share subscription deadline||Entry into the Trade Register on or about||New shares tradable on or about|
|20th July 2017||16th August 2017||17th August 2017|
|17th October 2017||9th November 2017||10th November 2017|
|28th November 2017||21st December 2017||22nd December 2017|
Shares will establish shareholders rights as of the date of share registration.
The terms and conditions of Nokian Tyres plc stock options 2013 with additional information are available on the company's website www.nokiantyres.com/company/investors/ .
Nokian Tyres plc
Vice President, Marketing and Communications
Further information: Anne Leskelä, Vice President, CFO, tel. +358 10 401 7481
Distribution: Nasdaq Helsinki, media and www.nokiantyres.com
Nokian Tyres is the world’s northernmost tyre manufacturer. The company promotes and facilitates safe driving in demanding conditions. It supplies innovative tyres for cars, trucks and special heavy machinery mainly in areas with special challenges on tyre performance: snow, forests and harsh driving conditions in different seasons. Nokian Tyres’ product development is consistently aiming for sustainable solutions for safety and the environment, taking into account the whole life cycle of the tyre. A part of the Nokian Tyres group, the tyre chain Vianor has approximately 1,500 outlets in 27 countries. In 2016 Nokian Tyres had approximately 4,400 employees and net sales of approximately 1,4 billion euros. Nokian Tyres’ share is listed on the Nasdaq Helsinki. Further information: www.nokiantyres.com