Nordea Bank AB (publ) issues 6 new warrant series on 28 January 2010

27.01.10 11:00 | Pörssitiedotteet

Nordea Bank AB (publ) issues 6 new warrant series on 28 January 2010

 

Nordea Bank AB (publ) will launch 6 new warrant series on 28 January 2010 under its warrant programme. The underlying asset of the warrant is Nokia Oyj (NOK1V) and Stora Enso Oyj (STERV) shares and Nordea Bank AB (publ) (NDA1V) share depository receipts. The warrants are call and put warrants. The warrants are redeemed by cash payment. Upon expiry of a warrant, the possible net value is paid in cash to the holder of the warrant.

 

Warrant specific terms and conditions

 

All Warrants 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 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

Warrant (call/put)

Underlying asset

Nokia Oyj (NOK1V) and Stora Enso Oyj (STERV) shares and Nordea Bank AB (publ) (NDA1V) share depository receipts

Cash SettlementAmount

 

Call Warrant:

(Closing Price – Strike Price) x Multiplier

If the Closing Price is equal or lower than the Strike Price, no Cash Settlement Amount is paid out.

 

Put Warrant:

(Strike Price – Closing Price) x Multiplier

If the Closing Price is equal to or higher than the Strike Price, no Cash Settlement Amount is paid out.  

Closing Price

Reference Price on Closing Price Determination Date.

Closing Price Determination Date

Official Closing Price on 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 warrants

3 000 000 – 15 000 000

Trading lot

1 warrant

Market maker

Nordea Bank Finland Plc operates as the Market Maker.

 

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

 

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

 

0,10 EUR, if ask price is < 2 EUR

0,20 EUR, if ask price is > 2 EUR

 

Quotations concern a minimum amount of one thousand warrants. No bid quotation is given for Warrants that have a market value of less than one (1) cent or corresponding value in other currency. 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.comwww.nordea.fi and www.storaenso.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 warrants.

 

 

The warrants to be issued:

 

Table 1

 

Warrant

Trading code

Warrant ISIN

code

Underlying

instrument

Underlying

Instrument

ISIN code

Underlying

Currency

Additional

Information on the

underlying

0QNOKEW850

FI4000008941

Nokia Oyj

FI0009000681

EUR

www.nokia.com

0ENOKEW105

FI4000008958

Nokia Oyj

FI0009000681

EUR

www.nokia.com

0ENOKEW115

FI4000008966

Nokia Oyj

FI0009000681

EUR

www.nokia.com

0CNDAEW700

FI4000008974

Nordea Bank AB

FI0009902530

EUR

www.nordea.fi

0OSTEEW400

FI4000008982

Stora Enso Oyj

FI0009005961

EUR

www.storaenso.com

0CSTEEW475

FI4000008990

Stora Enso Oyj

FI0009005961

EUR

www.storaenso.com

 

Table 2

 

Warrant

Trading code

Strike

price

Type

Multiplier

Total

number of

warrants

Issue

date

Expiration

Date

Settlement

Date

0QNOKEW850

8,50

P

0,2

15 000 000

28.1.2010

21.5.2010

28.5.2010

0ENOKEW105

10,50

C

0,2

15 000 000

28.1.2010

21.5.2010

28.5.2010

0ENOKEW115

11,50

C

0,2

15 000 000

28.1.2010

21.5.2010

28.5.2010

0CNDAEW700

7,00

C

0,2

3 000 000

28.1.2010

19.3.2010

26.3.2010

0OSTEEW400

4,00

P

0,2

3 000 000

28.1.2010

19.3.2010

26.3.2010

0CSTEEW475

4,75

C

0,2

3 000 000

28.1.2010

19.3.2010

26.3.2010

 

Helsinki, 27 January 2010

 

NORDEA BANK AB (publ)

 

Tommi Saarnio

 

 

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