Press Release: Nokia Board of Directors approves an adjustment to the planned maximum number of Stock Options to be granted in 2012

30. July 2012 at 17:05

Espoo, Finland – Nokia announced today that its Board of Directors authorized an adjustment to the planned maximum number of stock options it will grant in 2012 under the Nokia Stock Option Plan 2011, which was approved at the Annual General Meeting 2011.

Nokia increased the planned maximum number of stock options to be granted under the Nokia Equity Program 2012 from approximately 8.5 million to approximately 11.5 million. This adjusted planned maximum of approximately 11.5 million stock options to be granted in 2012 is within the maximum number of 35 million stock options available for grant under the Stock Option Plan 2011 approved by the Annual General Meeting 2011.

None of these additional stock options will be granted to the CEO and the Nokia Leadership Team members but rather to key senior level employees who are critical in carrying forward Nokia’s strategy. We believe this is a prudent use of stock options, also designed to align the interests of these key employees with those of the shareholders. Any realization of the value from the stock option awards is dependent on successful execution of the strategy and a sustainable share price growth over the long term.

Stock options can be granted under the Stock Option Plan 2011 until the end of 2013 and they have a vesting period of 50 percent of stock options vesting three years after grant and the remaining 50 percent vesting four years from grant.

As of December 31, 2011, the total maximum dilution effect of Nokia’s equity program then outstanding, assuming that the performance shares would be delivered at maximum level, was approximately 1.8 percent. The potential maximum effect of the Nokia Equity Program 2012 announced in January 2012, assuming delivery at maximum level and including the increased planned maximum of approximately 11.5 million stock options, would be approximately another 1.6 percent.

Best Transport tracking apps for smartphones

24. May 2012 at 11:45

As smartphones are the most popular and dominant handsets of modern
times, different apps are being developed almost every day. You can
get one for pretty much everything nowadays and transport tracking
Apps are a useful to your Smartphone. With them, finding a location
and checking the next bus, train, tube or even flight has never been
easier. Here are some examples of a few you could be missing out on:

The locations app is brilliant and free, it’s basically Google maps on
a phone, allowing you to check the next estimated bus arrival in
whichever area, not to mention it works as an interactive map.

Nokia to begin rolling out Nokia 808 PureView + Time-Lapse Film

4. May 2012 at 10:19

Nokia t confirmed that the Nokia 808 PureView will start rolling out in select markets in May. The first markets to begin selling the Nokia 808 PureView include Russia and India. More markets and shipping dates haven’t been revealed yet.  The full press release can be found here:

Espoo, Finland – Nokia today confirmed that the Nokia 808 PureView will start rolling out in select markets in May. The Nokia 808 PureView is the first smartphone to feature Nokia’s award-winning PureView technology. PureView represents Nokia’s highest level smartphone imaging experiences, bringing together high-performance sensors, exclusive Carl Zeiss optics, and Nokia developed imaging algorithms. The first markets to begin selling the Nokia 808 PureView include Russia and India.

http://press.nokia.com/2012/05/02/nokia-to-begin-rolling-out-award-winning-nokia-808-pureview-in-may/

The Nokia 808 PureView features a 41 megapixel (!) camera and puts photography to another level. And indeed you can see the difference. Nokia uploaded a time-lapse video giving you a good idea how good the camera is. Enjoy!

Nokia E6 Receives Calendar and Messaging Update Over Nokia Belle

14. March 2012 at 16:13

If you are one of the Nokia E6 users then probably you might have received and been notified by these app updates for your device. A messaging and calendar updates have been released to Nokia Belle enabled E6 (and probably to those have not been updated yet, so, update now).

Poll: Buy Nokia 808 PureView or Wait For Nokia Lumia Windows Phone with 41MP?

2. March 2012 at 14:29

The Nokia 808 PureView with 41MP was unveiled and it really stirred the whole tech and mobile industry. So would you wait for May to buy it? Or you will be waiting for a Nokia Lumia PureView? Is Nokia Belle a big deal or not? It’s your time to speak out on our poll.