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Nokia (NOK) Says Capital Research and Management Lowers Stake to Below 5%

March 9, 2012 8:58 AM EST
According to information received by Nokia Corporation (NYSE: NOK), the holdings of Capital Research and Management Company in Nokia Corporation decreased below 5 % of the share capital of Nokia.

Capital Research and Management Company is a U.S. based investment advisor managing various mutual funds. On March 5, 2012, the holdings of Capital Research and Management Company, held through the mutual funds it manages, both in ADRs and ordinary shares amounted to a total of 184,834,660 Nokia shares, which corresponds to approximately 4.9356 % of the total number of shares and voting rights of Nokia. This notification is solely with respect to shares over which Capital Research and Management Company exercises voting rights.


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