HELSINKI - Nokia (HE:NOKIA) Corporation announced on January 22, 2025, that Lorna Gibb, a senior manager within the company, has received a share-based incentive as part of the company's remuneration practices. The transaction falls under the scope of Article 19 of the EU Market Abuse Regulation and marks an initial notification for Gibb.
According to the details provided, Gibb acquired a total of 11,792 Nokia shares. The incentive did not involve a transaction price, as it was granted in the form of a share-based incentive, which is a common practice for compensating and incentivizing senior management in many corporations.
Nokia, a global leader in B2B technology innovation, is known for its pioneering work in networks that are designed to be responsive, intelligent, and proactive. The company's focus extends across mobile, fixed, and cloud networks. Nokia Bell Labs, their renowned research arm, continues to contribute to the company's intellectual property and long-term innovation strategy.
The transaction has been made public in line with regulatory requirements, ensuring transparency in managers' transactions. It is a routine disclosure that companies like Nokia, listed on stock exchanges, are obliged to make when there are significant financial dealings by their managers.
This event highlights Nokia's ongoing commitment to aligning the interests of its senior management with those of its shareholders. The share-based incentive is intended to motivate key personnel to continue contributing to the company's success and to share in the financial outcomes of their efforts.
The information for this report is based on a press release statement from Nokia Corporation.
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