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:
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.
Evli Bank Plc will act as the share subscription agent and Evli Awards 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 email@example.com in order to receive a share subscription form.
The subscription price (since April 10, 2017): Warrant 2013B: 25,06 € per share and Warrant 2013C: 21,39 € 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 2018 will be registered in the Trade Register and listed on NASDAQ Helsinki on the following target dates:
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