Nokian Tyres plc: Board of Directors changes the proposal to the AGM regarding the dividend payment, preparations for new capacity in Europe starting
Nokian Tyres plc, Inside information, March 30, 2022 at 3:40 p.m. The war in Ukraine has caused high uncertainty related to Nokian Tyres plc’s (“Nokian Tyres”) operational environment and manufacturing capacity. Consequently, the company starts to expedite its plans to invest in new production capacity in Europe. Therefore, the Board of Directors of Nokian Tyres has decided to change its dividend proposal to the Annual General Meeting to be held on April 28, 2022. The company continues to increase capacity at its factories in Finland and the US. The Board of Directors proposes that