16th Jan 2014 11:00
Nokia / Miscellaneous 16.01.2014 12:00 Dissemination of a Regulatory Announcement, transmitted byDGAP - a company of EQS Group AG.The issuer is solely responsible for the content of this announcement.--------------------------------------------------------------------------- Nokia CorporationStock Exchange ReleaseJanuary 16, 2014 at 13:00 (CET +1) - Regrouped historical results information to be provided in advance Espoo, Finland - Nokia will publish its fourth quarter 2013 and full year 2013results report on Thursday January 23, 2014 at approximately 1pm Finnish time(CET+1). The report will be made available on the Nokia website immediatelyafter publication. Nokia's analyst conference call will begin at 3pm Finnish time. A webcast ofthe conference call will be available athttp://www.nokia.com/global/about-nokia/investors/financials/reports/results---reports/.Media representatives wishing to listen in may call +1 706 634 5012, conferenceID 31396210. Nokia publishes only a summary of its interim reports in stock exchangereleases. The stock exchange releases include a link to the relevant completeinterim reports with tables in PDF-format. The complete fourth quarter 2013 andfull year 2013 report with tables will be available athttp://www.results.nokia.com/results/Nokia_results2013Q4e.pdf. Investors shouldnot rely on summaries of Nokia's interim reports only, but should review thecomplete interim reports with tables. Additionally, the complete interim report with tables will be available shortlyafter publication at www.nokia.com/financials, where you may also access ourpast quarterly and annual financial reports. Nokia financial reporting structure and historical results information After receiving shareholder approval of the pending sale of substantially allof its Devices & Services business at our Extraordinary General Meeting inNovember last year, Nokia is reporting substantially all of its Devices &Services business as discontinued operations in its fourth quarter 2013 andfull year 2013 results report. Nokia currently has three continuing businesses: Nokia Solutions & Networks(NSN), HERE and Advanced Technologies. Reflecting this composition, Nokia willpublish financial information for all three businesses in next week's report.Specifically, Nokia will report financial information for a total of fourreportable segments - Mobile Broadband and Global Services within NSN, HERE,and Advanced Technologies - and, additionally, separate information forDiscontinued Operations. In advance of January 23, 2014, Nokia plans to publish a stock exchange releasewhich contains, for comparability purposes, certain historical results (on anunaudited basis) reflecting the new reporting structure. We intend to providethis information at least 24 hours before the results announcement. We intendto provide quarterly information for the fourth quarter 2012 through the thirdquarter 2013, as well as annual information for the full year 2012. As previously announced, as a result of the debt securities NSN issued in March2013, NSN is committed to making certain financial data publicly availablethrough its standalone reporting format as long as the notes are outstanding. In line with this obligation, the NSN standalone report will be made publiclyavailable for the first, second and third quarter of the fiscal year within 60days following the end of respective quarter and for the full year within 120days after the end of the fiscal year. Therefore, no NSN standalone interimreport will be published with respect to the fourth quarter 2013. FORWARD-LOOKING STATEMENTSIt should be noted that Nokia and its business are exposed to various risks anduncertainties and certain statements herein that are not historical facts areforward-looking statements, including, without limitation, those regarding: A)the planned sale by Nokia of substantially all of Nokia's Devices & Servicesbusiness, including Smart Devices and Mobile Phones (referred to below as 'Saleof the D&S Business') pursuant to the Stock and Asset Purchase Agreement, datedas of September 2, 2013, between Nokia and Microsoft International HoldingsB.V.(referred to below as the 'Agreement'); B) the closing of the Sale of theD&S Business; C) receiving timely, if at all, necessary regulatory approvalsfor the Sale of the D&S Business; D) expectations, plans or benefits related toor caused by the Sale of the D&S Business; E) expectations, plans or benefitsrelated to Nokia's strategies, including plans for Nokia with respect to itscontinuing businesses that will not be divested in connection with the Sale ofthe D&S Business; F) expectations, plans or benefits related to changes inleadership and operational structure; G) expectations and targets regarding ouroperational priorities, financial performance or position, results ofoperations and use of proceeds from the Sale of the D&S Business; and H)statements preceded by 'believe,' 'expect,' 'anticipate,' 'foresee,' 'sees,''target,' 'estimate,' 'designed,' 'aim', 'plans,' 'intends,' 'focus,' 'will' orsimilar expressions. These statements are based on management's bestassumptions and beliefs in light of the information currently available to it.Because they involve risks and uncertainties, actual results may differmaterially from the results that we currently expect. Factors, including risksand uncertainties that could cause these differences include, but are notlimited to: 1) the inability to close the Sale of the D&S Business in a timelymanner, or at all, for instance due to the inability or delays in obtainingnecessary regulatory approvals for the Sale of the D&S Business, or theoccurrence of any event, change or other circumstance that could give rise tothe termination of the Agreement; 2) the potential adverse effect on the salesof our mobile devices, business relationships, operating results and businessgenerally resulting from the announcement of the Sale of the D&S Business orfrom the terms that we have agreed for the Sale of the D&S Business; 3) anynegative effect from the implementation of the Sale of the D&S Business, as wemay forego other competitive alternatives for strategies or partnerships thatwould benefit our Devices & Services business and if the Sale of the D&SBusiness is not closed, we may have limited options to continue the Devices &Services business or enter into another transaction on terms favorable to us,or at all; 4) our ability to effectively and smoothly implement planned changesto our leadership and operational structure or maintain an efficient interimgovernance structure and preserve or hire key personnel; 5) any negative effectfrom the implementation of the Sale of the D&S Business, including our internalreorganization in connection therewith, which will require significant time,attention and resources of our senior management and others within the companypotentially diverting their attention from other aspects of our business; 6)disruption and dissatisfaction among employees caused by the plans andimplementation of the Sale of the D&S Business reducing focus and productivityin areas of our business; 7) the amount of the costs, fees, expenses andcharges related to or triggered by the Sale of the D&S Business; 8) anyimpairments or charges to carrying values of assets or liabilities related toor triggered by the Sale of the D&S Business; 9) potential adverse effects onour business, properties or operations caused by us implementing the Sale ofthe D&S Business; 10) the initiation or outcome of any legal proceedings,regulatory proceedings or enforcement matters that may be instituted against usrelating to the Sale of the D&S Business, as well as the risk factors specifiedon pages 12-47 of Nokia's annual report on Form 20-F for the year endedDecember 31, 2012 under Item 3D. 'Risk Factors.' and risks outlined in ourinterim report issued on October 29, 2013. Other unknown or unpredictablefactors or underlying assumptions subsequently proving to be incorrect couldcause actual results to differ materially from those in the forward-lookingstatements. Nokia does not undertake any obligation to publicly update orrevise forward-looking statements, whether as a result of new information,future events or otherwise, except to the extent legally required. About NokiaNokia is a global leader in mobile communications whose products have become anintegral part of the lives of people around the world. Every day, more than 1.3billion people use their Nokia to capture and share experiences, accessinformation, find their way or simply to speak to one another. Nokia'stechnological and design innovations have made its brand one of the mostrecognized in the world. For more information, visithttp://www.nokia.com/about-nokia. Media Enquiries: NokiaCommunicationsTel. +358 7180 34900Email: [email protected] www.nokia.comNews Source: NASDAQ OMX 16.01.2014 DGAP's Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: EnglishCompany: Nokia FinlandPhone: Fax: E-mail: Internet: ISIN: FI0009000681Category Code: MSCTIDM: 0HAFSequence Number: 1844Time of Receipt: Jan 16, 2014 12:00:08 End of Announcement DGAP News-Service ---------------------------------------------------------------------------UK-Regulatory-announcement transmitted by DGAP - a company of EQS Group AG.The issuer is solely responsible for the content of this announcement.
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