Nordea Bank AB (publ) issues 2 new max certificates on 28 Janauary 2010

27.01.10 11:00 | Pörssitiedotteet

Nordea Bank AB (publ) will launch 2 new max certificates series on 28 January 2010 under its warrant programme. The underlying assets of the max certificates are Nokia Oyj (NOK1V) shares and OMXH25 index. The max certificates are call certificates. The max certificates are redeemed by cash payment. Upon expiry of a max certificate, the possible net value is paid in cash to the holder of the certificate.

 

Certificate specific terms and conditions

 

All max certificates are issued under the warrant programme of Nordea Bank AB (publ) dated 6 October 2009. The base prospectus for the warrant programme and the final terms for each warrant and certificate serie are available at the issuer’s website: www.nordea.fi/warrantit. The following terms only summarize the final terms and the base prospectus.

 

 

Issuer

Nordea Bank AB (publ)

Instrument name

Max Certificate (call)

Underlying asset

Nokia Oyj (NOK1V) share and OMXH25 index

Cash Settlement Amount

 

If Closing Price > Max Level:

 

Multiplier x Max Level

 

If Closing Price < Max Level:

 

Multiplier x Closing Price

 

Closing Price

Official Closing Price on Closing Price Determination Date

Closing Price Determination Date

In case of a Share:

Official closing price on Final Trading Day

 

In case of  Index:

Value of the index, based on Helsinki Stock Exchange weighted average prices of the OMXH25 component shares from 09:40 until 18:30 EET on Expiration Date/Final Trading Day

 

Market place

Nasdaq OMX Helsinki Ltd

Reference Source

Nasdaq OMX Helsinki Ltd

Reference price determination method

Closing Price on Closing Price Determination Date

Exercise procedure

The Bank carries out automatic cash settlement

Listing currency

EUR

Total number of certificates

2 000 000 (see Table 2 below)

Trading lot

1 certificate

Market maker

Nordea Bank Finland Plc operates as the Market Maker.

 

Market Maker undertakes to provide bid and ask quotation for the certificates during the time certificates are subject to trading on a regulated market, multilateral trading facility or other market place. The undertaking is valid in the continuous trading of the regulated market, multilateral trading facility or other market place.

 

The difference between bid and ask quotation is at most (maximum spread):

 

Two (2) percent but no less than EUR 0,10.

 

Quotations concern a minimum amount of one thousand certificates. Market Maker is entitled to define the values of the parameters affecting the market making quotation. Market Maker is not liable to maintain its duties as Market Maker, if trading with the underlying asset has ceased.

 

Market Maker reserves the right to temporarily decline to quoting bid and ask prices during a period in which the Market Maker hedges its own position in an Underlying Assets and at such time as the Market Maker believes there are to be significant difficulties in quoting bid and ask prices due to technical reasons.

 

In conjunction with such limitation of the Market Maker’s obligation to quote bid and ask prices, the Market Maker shall notify parties on the market regarding the limitation through a notice via the regulated market/multilateral trading facility/marketplace.

 

Additional information on the underlying asset and underlying company

Additional information on the company and the development of the value of the underlying asset is available on the website of the OMX Nordic Exchange Helsinki:http://omxgroup.com/nordicexchange/ and on the websites of the companies: www.nokia.fi andwww.omxnordicexchange.com.  Additional information on the volatility of the underlying asset is available from the issuer, tel.+358 9 369 49134.

 

The investors should analyse information on the company issuing the share before making decisions on certificates.

                                          

The max certificates to be issued:

 

 

TABLE 1

Certificate
Trading code

Certificate ISIN
code

Underlying
instrument

Underlying
instrument
ISIN code

Underlying
instrument
currency

Additional
Information
on the underlying

1CH25CF22M

FI4000008867

OMXH25 Index

FI0008900212

EUR

http://www.
omxnordic

exchange.com/

1LNOKCF12M

FI4000008875

Nokia Oyj

FI0009000681

EUR

www.nokia.fi

 

TABLE 2

Certifi-
cate
Trading
code

Strike
price
/Max
level

Type

Multiplier

Total
number of
certificates

Issue
date

Expiration
Date

Settlement
Date

1CH25CF22M

2200

C

0,01

2 000 000

28.1.2010

18.3.2011

25.3.2011

1LNOKCF12M

12

C

1

2 000 000

28.1.2010

16.12.2011

23.12.2011

 

Helsinki, 27 January 2010

 

NORDEA BANK AB (publ)

 

Tommi Saarnio 

 

For further information, please contact Tommi Saarnio tel. +358-9-369 49354.