Nokian Tyres applies for listing of stock options 2007A

The Board of Directors of Nokian Tyres plc has resolved to apply for listing of the stock options 2007A on the NASDAQ OMX Helsinki Ltd so that the listing will commence on 1 March 2009.

The total number of stock options 2007A is 2,250,000. Each stock option 2007A entitles its holder to subscribe for one Nokian Tyres plc share. The shares can be subscribed with the stock options 2007A during 1 March 2009 - 31 March 2011. In the aggregate, the stock options 2007A entitle their holders to subscribe for 2,250,000 shares. The present share subscription price with stock options 2007A is EUR 16,48/share. The dividends payable annually shall be deducted from the share subscription price.

Source : Transportweekly