Nordea Bank AB (publ) issues 12 new turbo warrant series on 17 February 2010

16.02.10 11:00 | Pörssitiedotteet

Nordea Bank AB (publ) will launch 12 new turbo warrant series on 17 February 2010 under its warrant programme. The underlying asset of the turbo warrants are Nokia Oyj (NOK1V), Fortum Oyj (FUM1V), Sampo Oyj (SAMAS) and UPM-Kymmene Oyj (UPM1V) shares, Nordea Bank AB (publ) (NDA1V) share depository receipts, DAX and Dow Jones Euro Stoxx 50 indices. The warrants are call and put turbo warrants.The turbo warrants are redeemed by cash payment. Upon expiry of a turbo warrant, the possible net value is paid in cash to the holder of the warrant.

 

Warrant specific terms and conditions

 

All turbo 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 turbo 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

Turbo Warrant (call / put)

Underlying asset

Nokia Oyj (NOK1V), Fortum Oyj (FUM1V), Sampo Oyj (SAMAS) and UPM-Kymmene Oyj (UPM1V) shares, Nordea Bank AB (publ) (NDA1V) share depository receipts, DAX and Dow Jones Euro Stoxx 50 indices

Barrier Reference Price

Most recent transaction prices during continuous trading quoted on a Reference Source commencing from the Listing Date up to and including the Closing Date. The Bank reserves the right to determine whether a level is reasonable and may thereby constitute a Barrier Reference Price.

Cash Settlement amount

 

For Turbo Call Warrants:

(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.

 

For Turbo Put Warrants:

(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 (see more information in the Final Terms of the Turbo Warrants).

Closing Price Determination Date

In case of Share:

Official Closing price on Final Trading Day.

 

In case of Index:

Final Settlement Price provided by EUREX

Expiration date /

Final trading day

The earlier of Expiration Date in Final Terms,  Table 2 or for:

 

Turbo Call Warrants: The trading day with respect to which a Barrier Reference Price is listed equal to or lower than the Barrier Level.

 

Turbo Put Warrants: The trading day with respect to which a Barrier Reference Price is listed equal to or higher than the Barrier Level.

Market place

Nasdaq OMX Helsinki Ltd

Reference Source

In case of Share:

Nasdaq OMX Helsinki Ltd

 

In case of Index:

EUREX

Reference price determination method

Closing Price on Closing Price Determination Date

 

Exercise procedure

The Bank carries out automatic cash settlement

Listing currency

EUR

Trading lot

1 warrant

Total number of warrants

500 000 – 1 000 000

Market maker

Nordea Bank Finland Plc operates as the Market Maker.

 

Nordea Bank Finland Plc undertakes to provide bid and ask quotation for the warrants during the time the 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 the most:

 

10 cent, if the ask quotation is less than EUR 2.00

20 cent, if the ask quotation is more than or equal to EUR 2.00

 

Quotations concern a minimum of one thousand warrants. No bid quotation is given for warrants the market value of which is less than one (1) cent. 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 securities 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 exchange/marketplace in those cases where the limitation is expected to extend for more than one trading day.

 

Additional information on the underlying asset and underlying company

Additional information on the company and the development of the value of the underlying company is available on the website of
the OMX Nordic Exchange Helsinki:http://omxgroup.com/nordicexchange/ and on the websites of the underlying companies: www.nokia.com,  www.fortum.com,www.nordea.fiwww.sampo..fi, www.upm-kymmene.com,www.stoxx.com and www.deutsche-boerse.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

TESX0F2500NDS

FI4000009493

Dow Jones Euro Stoxx 50

EU0009658145

EUR

www.stoxx.com

TESX0F2600NDS

FI4000009501

Dow Jones Euro Stoxx 50

EU0009658145

EUR

www.stoxx.com

TESX0R2900NDS

FI4000009519

Dow Jones Euro Stoxx 50

EU0009658145

EUR

www.stoxx.com

TDAX0F5200NDS

FI4000009527

DAX

DE0008469008

EUR

www.deutsche-
boerse.com

TDAX0F5300NDS

FI4000009535

DAX

DE0008469008

EUR

www.deutsche-
boerse.com

TDAX0R5950NDS

FI4000009543

DAX

DE0008469008

EUR

www.deutsche-
boerse.com

TNOK0R  11NDS

FI4000009550

Nokia Oyj

FI0009000681

EUR

www.nokia.com

TNOK0R  12NDS

FI4000009568

Nokia Oyj

FI0009000681

EUR

www.nokia.com

TFUM0R  20NDS

FI4000009576

Fortum Oyj

FI0009007132

EUR

www.fortum.com

TNDA0F   6NDS

FI4000009584

Nordea Bank AB

FI0009902530

EUR

www.nordea.fi

TSAM0R  20NDS

FI4000009592

Sampo Oyj

FI0009003305

EUR

www.sampo.fi

TUPM0F   7NDS

FI4000009600

UPM-Kymmene Oyj

FI0009005987

EUR

www.upm-
kymmene.com

 

Table 2

 

Warrant
Trading
code

Strike
price

Barrier
level

Type

Multi-
plier

Total
number
of
warrants

Issue
date

Expir-
ation
Date

Settle-
ment
Date

TESX0F2500NDS

2 500

2 500

C

0,01

1 000 000

17.2.2010

18.6.2010

28.6.
2010

TESX0F2600NDS

2 600

2 600

C

0,01

1 000 000

17.2.2010

18.6.2010

28.6.
2010

TESX0R2900NDS

2 900

2 900

P

0,01

1 000 000

17.2.2010

18.6.2010

28.6.
2010

TDAX0F5200NDS

5 200

5 250

C

0,005

1 000 000

17.2.2010

18.6.2010

28.6.
2010

TDAX0F5300NDS

5 300

5 350

C

0,005

1 000 000

17.2.2010

18.6.2010

28.6.
2010

TDAX0R5950NDS

5 950

5 900

P

0,005

1 000 000

17.2.2010

18.6.2010

28.6.
2010

TNOK0R  11NDS

11

11

P

1

1 000 000

17.2.2010

18.6.2010

28.6.
2010

TNOK0R  12NDS

12

12

P

1

1 000 000

17.2.2010

18.6.2010

28.6.
2010

TFUM0R  20NDS

20

20

P

1

500 000

17.2.2010

18.6.2010

28.6.
2010

TNDA0F   6NDS

6

6

C

1

500 000

17.2.2010

18.6.2010

28.6.
2010

TSAM0R  20NDS

20

20

P

1

500 000

17.2.2010

18.6.2010

28.6.
2010

TUPM0F   7NDS

7

7

C

1

500 000

17.2.2010

18.6.2010

28.6.
2010

 


Helsinki, 16 February 2010


NORDEA BANK AB (publ)
Tommi Saarnio

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