Stock options

Stock options 2010

On 8 April 2010 the Annual General Meeting decided to issue a maximum total of 4,000,000 stock options to the personnel of Nokian Tyres Group. The stock options issued can be exchanged for shares constituting a maximum total of 3 % of the company’s shares and votes of the shares, after the potential share subscription.

The share subscription period is:

  • for stock option 2010A: 1 May 2012 -31 May 2014
  • for stock option 2010B: 1 May 2013 -31 May 2015
  • for stock option 2010C: 1 May 2014- 31 May 2016. 

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 2017

Evli Bank Plc will act as the share subscription agent and Evli Alexander Management Oy as their tributary agent, who receives and conveys share subscriptions electronically through the Incentive-system.

Option holders who are currently employed to Nokian Tyres has to make share subscriptions electronically through the Incentive-system at https://incentive.eam.fi.

Other option holders can subscribe shares with the stock options by contacting Evli help desk phone +358 9 4766 9931 or operations@eam.fi in order to receive a share subscription form.

The subscription price (since April 12, 2016): Warrant 2013A: 27,86 € per share and Warrant 2013B: 26,59 € per share.

After signing the subscription form and paying the subscription price according to the payment instructions Evli Bank Plc 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 share is 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 2017 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
18.1.2017 9.2.2017 10.2.2017
18.4.2017 11.5.2017 12.5.2017
20.7.2017 16.8.2017 17.8.2017
17.10.2017 9.11.2017 10.11.2017
28.11.2017 21.12.2017 22.12.2017

Please note that the registration and listing dates are estimated.

Terms and conditions of Nokian Tyres plc 2010 stock options
Terms and conditions of Nokian Tyres plc 2013 stock options

Quotes in NasdaqOMX Helsinki