Nokia 2013 Annual Report Download - page 93

Download and view the complete annual report

Please find page 93 of the 2013 Nokia annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 146

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146

91
NOKIA SHARES AND SHAREHOLDERS
equity-based incentive plans, to be transferred for other
purposes, or to be cancelled. The authorization is e ective
until June , .
Authorizations proposed to the Annual
General Meeting 2014
On April , , Nokia announced that the Board of Directors
will propose that the Annual General Meeting convening on
June ,  authorize the Board to resolve to repurchase a
maximum of  million Nokia shares. The proposed maximum
number of shares that may be repurchased corresponds to
less than % of all the shares of the Company. The shares
may be repurchased in order to develop the capital structure
of the Company and are expected to be cancelled. In addition,
shares may be repurchased in order to nance or carry out
acquisitions or other arrangements, to settle the Company’s
equity-based incentive plans, or to be transferred for other
purposes. The shares may be repurchased either through a
tender o er made to all shareholders on equal terms, or in
such marketplaces the rules of which allow companies to trade
with their own shares. The authorization would be e ective
until December ,  and terminate the current authoriza-
tion for repurchasing of the Company’s shares resolved at the
Annual General Meeting on May , .
Nokia also announced on April ,  that the Board of
Directors will propose to the Annual General Meeting to be held
on June ,  that the Annual General Meeting authorize
the Board to resolve to issue a maximum of  million shares
through issuance of shares or special rights entitling to shares
in one or more issues. The Board may issue either new shares
or shares held by the Company. The Board proposes that the
authorization may be used to develop the Company’s capital
structure, diversify the shareholder base, nance or carry out
acquisitions or other arrangements, settle the Company’s
equity-based incentive plans, or for other purposes resolved
by the Board. The proposed authorization includes the right
for the Board to resolve on all the terms and conditions of the
issuance of shares and special rights entitling to shares, includ-
ing issuance in deviation from the shareholders’ pre-emptive
rights. The authorization would be e ective until December ,
 and terminate the current authorization granted by the
Annual General Meeting on May , .
Stock option exercises 
Subscription Number of Net New share
price new shares Date of proceeds capital
Year Stock option category EUR (1 000) payment EURm EURm
2009 Nokia Stock Option Plan 2004 2Q 11.79 0 2009 0.00
Nokia Stock Option Plan 2004 3Q 9.44 8 2009 0.07
Nokia Stock Option Plan 2004 4Q 12.35 0 2009 0.00
Nokia Stock Option Plan 2005 2Q 12.79 0 2009 0.00
Nokia Stock Option Plan 2005 3Q 13.09 0 2009 0.00
Nokia Stock Option Plan 2005 4Q 14.48 0 2009 0.00
Nokia Stock Option Plan 2006 1Q 14.99 0 2009 0.00
Nokia Stock Option Plan 2006 2Q 18.02 0 2009 0.00
Nokia Stock Option Plan 2006 3Q 15.37 0 2009 0.00
Nokia Stock Option Plan 2006 4Q 15.38 0 2009 0.00
Nokia Stock Option Plan 2007 1Q 17.00 0 2009 0.00
Nokia Stock Option Plan 2007 2Q 18.39 0 2009 0.00
Nokia Stock Option Plan 2007 3Q 21.86 0 2009 0.00
Nokia Stock Option Plan 2007 4Q 27.53 0 2009 0.00
Nokia Stock Option Plan 2008 1Q 24.15 0 2009 0.00
Nokia Stock Option Plan 2008 2Q 19.16 0 2009 0.00
Nokia Stock Option Plan 2008 3Q 17.80 0 2009 0.00
Total 8 0.07
2010 Nokia Stock Option Plan 2005 2Q 12.79 0 2010 0.00
Nokia Stock Option Plan 2005 3Q 13.09 0 2010 0.00
Nokia Stock Option Plan 2005 4Q 14.48 0 2010 0.00
Nokia Stock Option Plan 2006 1Q 14.99 0 2010 0.00
Nokia Stock Option Plan 2006 2Q 18.02 0 2010 0.00
Nokia Stock Option Plan 2006 3Q 15.37 0 2010 0.00
Nokia Stock Option Plan 2006 4Q 15.38 0 2010 0.00
Nokia Stock Option Plan 2007 1Q 17.00 0 2010 0.00
Nokia Stock Option Plan 2007 2Q 18.39 0 2010 0.00
Nokia Stock Option Plan 2007 3Q 21.86 0 2010 0.00
Nokia Stock Option Plan 2007 4Q 27.53 0 2010 0.00
Nokia Stock Option Plan 2008 1Q 24.15 0 2010 0.00
Nokia Stock Option Plan 2008 2Q 19.16 0 2010 0.00
Nokia Stock Option Plan 2008 3Q 17.80 0 2010 0.00
Nokia Stock Option Plan 2008 4Q 12.43 0 2010 0.00
Nokia Stock Option Plan 2009 1Q 9.82 0 2010 0.00
Nokia Stock Option Plan 2009 2Q 11.18 0 2010 0.00
Nokia Stock Option Plan 2009 3Q 9.28 0 2010 0.00
Total 0 0.00