Nordea Bank AB (publ) issues 6 new warrant series on 25 October 2010

22.10.10 11:00 | Pörssitiedotteet

Nordea Bank AB (publ) will launch 6 new warrant series on 25 October 2010 under its warrant programme. The underlying asset of the warrant is Nokia Oyj (NOK1V) shares and OMXH25 index. 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 2010. 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.

IssuerNordea Bank AB (publ)
Instrument nameWarrant (call/put)
Underlying assetNokia Oyj (NOK1V shares and OMXH25 index
Cash Settlement AmountCall 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 PriceReference Price on Closing Price Determination Date.
Closing Price Determination DateIn case of a Share:
Official Closing Price on Final Trading Day

 

In case of an Index:

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

Market placeNasdaq OMX Helsinki Ltd
Reference SourceIn case of Share:

 

Nasdaq OMX Helsinki Ltd

In case of Index:

Nasdaq OMX Helsinki Ltd

Reference price determination methodClosing Price on Closing Price Determination Date
Exercise procedureThe Bank carries out automatic cash settlement
Listing currencyEUR
Total number of warrants3 000 000 – 15 000 000
Trading lot1 warrant
Market makerNordea 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 companyAdditional 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.com 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 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
H251O2300NDSFI4000015391OMXH25FI0008900212EURwww.omxnordic
exchange.com
H251C2700NDSFI4000015409OMXH25FI0008900212EURwww.omxnordic
exchange.com
NOK1A 875NDSFI4000015417Nokia OyjFI0009000681EURwww.nokia.com
NOK1O  78NDSFI4000015425Nokia OyjFI0009000681EURwww.nokia.com
NOK1D  95NDSFI4000015433Nokia OyjFI0009000681EURwww.nokia.com
NOK1I 105NDSFI4000015441Nokia OyjFI0009000681EURwww.nokia.com

 

Table 2

Warrant
Trading
code
Strike
price
TypeMultiplierTotal
number
of
warrants
Issue
date
Expiration
Date
Settle-
ment
Date
H251O2300NDS2 300,00P1/1003 000 00025.10.201018.3.201125.3.2011
H251C2700NDS2 700,00C1/1003 000 00025.10.201018.3.201125.3.2011
NOK1A 875NDS8,75C1/515 000 00025.10.201021.1.201128.1.2011
NOK1O  78NDS7,80P1/515 000 00025.10.201018.3.201125.3.2011
NOK1D  95NDS9,50C1/515 000 00025.10.201015.4.201126.4.2011
NOK1I 105NDS10,50C1/515 000 00025.10.201016.9.201123.9.2011

 

Helsinki, 22 October 2010

NORDEA BANK AB (publ)

Juha Mikkilä

For further information, please contact Juha Mikkilä tel. +358 9 369 50112