Stock options 2013
On 11 April 2013 the Annual General Meeting decided to issue a maximum total of 3,450,000 stock options to the personnel of Nokian Tyres Group. The stock options issued can be exchanged for shares constituting a maximum total of 2.6 % of the company’s shares and votes of the shares, after the potential share subscription.
The share subscription period is:
- for stock option 2013A: 1 May 2015 -31 May 2017
- for stock option 2013B: 1 May 2016 -31 May 2018
- for stock option 2013C: 1 May 2017- 31 May 2019.
Subscribing shares with stock options in 2019
Subscribing shares with stock options process has been changed after the new custody and settlement system of Euroclear Finland Oy from 7.5.2018 onwards.
Option holders who have a book-entry account at Evli Bank Plc
Option holders who are currently employed to Nokian Tyres and who have a book-entry account at Evli Bank can carry out their share subscription electronically through the Incentive portal at https://incentive.eam.fi.
Other option rights holders (investors) who have a book-entry account at Evli Bank can subscribe shares by contacting Evli Bank’s Helpdesk by email firstname.lastname@example.org or by phone +358 (0) 9 4766 9931 (9:00 am – 4:00 pm).
Option holders who have a book-entry account in another account operator
Option holders who are currently employed to Nokian Tyres or other option rights holders (investors) who have a book-entry account in another account operator will contact their respective account operator for share subscription. The account operator will provide further information on how to subscribe shares.
The subscription price (since April 10, 2018): Warrant 2013C: 19,83 € per share.
After the subscription and paying the subscription price according to the payment instructions, the account holder will take care of the required entries in your book-entry account, whereby the options used for subscription will be removed and new shares of Nokian Tyres plc will be entered.
The subscribed shares are not immediately available for selling on the stock exchange but the new shares will first be entered into the Trade Register and after that the shares will be applied for listing on the stock exchange as a so-called supplementary lot. Therefore a stock option holder should be aware that the subscribed share would only be quoted after several weeks from the share subscription.
Shares will establish shareholders rights as of the date of share registration.
The shares subscribed for under Nokian Tyres stock options during 2019 will be registered in the Trade Register and listed on NASDAQ Helsinki on the following target dates:
|Subscription/ payment date||Estimated registration date||Estimated listing date|
Please note that the registration and listing dates are estimated.
Quotes in Nasdaq OMX Helsinki