Stock options
Stock options
Stock options 2004
On 5 April 2004 the Annual General Meeting of Nokian Tyres plc decided to issue stock options to the personnel of the Nokian Tyres group. The amount of the stock options is 735,000 pieces; 245,000 warrants 2004A, 245,000 warrants 2004B and 245,000 warrants 2004C.The subscription period for warrants 2004A started on 1 March 2006 and will end 31 March 2008.
The subscription period for warrants 2004B will start on 1 March 2007 and will end 31 March 2009.
The subscription period for warrants 2004C will start on 1 March 2008 and will end 31 March 2010.
Stock options 2004A, 2004B and 2004C
Nokian Tyres plc’s stock options 2004A have beeen quoted on the option rights list of Helsinki Exchanges since 1 March 2006.Each stock option entitles the holder to subscribe for 10 shares in Nokian Tyres plc with a nominal value of 0.2 euro. The subscription price for 2004A is currently (April 11, 2006) 5.849 euro. The subscription price will be reduced by the amount of dividends paid before the subscription, on the record date of each dividend payment.
On 30 December 2005 the Financial Supervision Authority granted the company an exemption from the duty to publish a prospectus when offering shares to be subscribed on the basis of 2004 stock options and seeking public listing for them.
Stock options 2007
On 3 April 2007 the Annual General Meeting of Nokian Tyres plc decided to issue stock options to the personnel of the Nokian Tyres group. Of the stock options, 2,250,000 shall be marked with the symbol 2007A, 2,250,000 shall be marked with the symbol 2007B and 2,250,000 shall be marked with the symbol 2007C.The share subscription period shall be
- for stock option 2007A 1 March 2009-31 March 2011
- for stock option 2007B 1 March 2010-31 March 2012
- for stock option 2007C 1 March 2011-31 March 2013.
