Nokia announced today that it has been notified of an unsolicited below-market "mini-tender offer" by TRC Capital Corporation of Ontario, Canada to purchase up to 5,000,000 American depositary shares ("ADSs") of Nokia Corporation (each of which represents one Nokia ordinary share), representing approximately 0.11% of Nokia's outstanding share capital, at a price of US$19.00 per ADS.
Nokia and its Board of Directors do not in any way recommend or endorse TRC Capital's mini-tender offer and express no opinion as to whether Nokia ADS holders should tender their ADSs in the mini-tender offer. TRC Capital's offer price of US$19.00 per
Nokia and its Board of Directors do not in any way recommend or endorse TRC Capital's mini-tender offer and express no opinion as to whether Nokia ADS holders should tender their ADSs in the mini-tender offer. TRC Capital's offer price of US$19.00 per
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