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Nokia increases the share capital in connection with the acquisition of Network Alchemy, Inc.
March 03, 2000
The Board of Directors of Nokia Corporation has resolved to increase the share capital of the Company by EUR 366,704.40, consisting of 1,527,935 new shares, with the nominal value of EUR 0.24 each, for the subscription price of EUR 199.6523 per share. The new Nokia shares will be offered for the subscription by the shareholders of Network Alchemy, Inc. and they are payable with the shares issued by Network Alchemy, Inc. The subscription period is March 6 - 7, 2000. The subscriptions shall be paid no later than March 7, 2000. The shares do not entitle to dividend to be distributed out of the profits of 1999.
The shares are used to acquire Network Alchemy, Inc., a Californian company, which constitute important financial grounds to deviate from the shareholders' pre-emptive rights to subscribe for new shares.
The increase of the Nokia share capital was resolved on the basis of the authorization given to the Board of Directors by the Annual General Meeting on March 17, 1999.
Contact information:
Nokia Corporate Communications
Tel. +358 9 1807 459
Fax +358 9 652 409
E-mail: communications.corporate@nokia.com
March 03, 2000
The Board of Directors of Nokia Corporation has resolved to increase the share capital of the Company by EUR 366,704.40, consisting of 1,527,935 new shares, with the nominal value of EUR 0.24 each, for the subscription price of EUR 199.6523 per share. The new Nokia shares will be offered for the subscription by the shareholders of Network Alchemy, Inc. and they are payable with the shares issued by Network Alchemy, Inc. The subscription period is March 6 - 7, 2000. The subscriptions shall be paid no later than March 7, 2000. The shares do not entitle to dividend to be distributed out of the profits of 1999.
The shares are used to acquire Network Alchemy, Inc., a Californian company, which constitute important financial grounds to deviate from the shareholders' pre-emptive rights to subscribe for new shares.
The increase of the Nokia share capital was resolved on the basis of the authorization given to the Board of Directors by the Annual General Meeting on March 17, 1999.
Contact information:
Nokia Corporate Communications
Tel. +358 9 1807 459
Fax +358 9 652 409
E-mail: communications.corporate@nokia.com
