Ad-hoc | 30 June 2004 07:49
Nokia applies for delisting from the Paris Stock Exchange
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
——————————————————————————–
Nokia applies for delisting from the Paris Stock Exchange
Helsinki, Finland – The Board of the Paris Stock Exchange (Euronext Paris)
approved yesterday the application by Nokia Corporation (Nokia) to delist Nokia
shares from the Paris Stock Exchange (Euronext Paris). For several years the
liquidity of Nokia shares has been very limited on the Paris Exchange, currently
representing less than one percent of the total trading volume of Nokia shares
globally.
This measure will encourage the concentration of the trading of Nokia shares in
the most liquid market places in Europe as well as in other markets. Nokia’s
delisting from the London Stock Exchange took effect on November 26, 2003.
After the delisting from Paris, Nokia shares will be traded on the Helsinki
Exchanges (HEX) and the Frankfurt Stock Exchange within the eurozone, as well as
on the New York Stock Exchange (NYSE) and the Stockholm Stock Exchange. As of
July 2004, the HEX represents approximately 60 percent and the NYSE
approximately 25 percent of the total trading volume in Nokia shares globally.
The delisting from the Paris Stock Exchange (Euronext) is subject to approval by
the French Financial Supervision Authority (AMF, Autorité des marchés
financiers). The process will include a sales facility to be offered to French
shareholders, which is planned to take place in September 2004 to enable
delisting in October 2004. The detailed timeline for the delisting process will
be announced after the approval by the AMF.
Media and Investor contacts:
Nokia Communications, tel +358 7180 34900
Investor Relations, Europe, tel. + 358 40 569 0080
Investor Relations, US, tel. + 1 972 894 4880
http://www.nokia.com
end of ad-hoc-announcement (c)DGAP 30.06.2004
——————————————————————————–
WKN: 870737; ISIN: FI0009000681; Index:
Listed: Amtlicher Markt in Frankfurt (General Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart
300749 Jun 04