Nordea Bank AB (publ) issues 8 new warrant series on 8 July 2010

07.07.10 11:52 | Pörssitiedotteet

Nordea Bank AB (publ) will launch 8 new warrant series on 8 July 2010 under its warrant programme. The underlying asset of the warrant is Nokia Oyj (NOK1V) shares. 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.

IssuerNordea Bank AB (publ)
Instrument nameWarrant (call/put)
Underlying assetNokia Oyj (NOK1V) shares
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 DateOfficial Closing Price on Final Trading Day
Market placeNasdaq OMX Helsinki Ltd
Reference SourceNasdaq 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 warrants15 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,www.konecranes.fiwww.storaenso.comwww.upmkymmene.com,www.talvivaara.comwww.omxnordicexchange.com andwww.stoxx.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
NOK0H
75NDS
FI4000011887Nokia OyjFI0009000681EURwww.nokia.com
NOK0I
76NDS
FI4000011895Nokia OyjFI0009000681EURwww.nokia.com
NOK0U
68NDS
FI4000011903Nokia OyjFI0009000681EURwww.nokia.com
NOK0L
8NDS
FI4000011911Nokia OyjFI0009000681EURwww.nokia.com
NOK0X
65NDS
FI4000011929Nokia OyjFI0009000681EURwww.nokia.com
NOK1C
9NDS
FI4000011937Nokia OyjFI0009000681EURwww.nokia.com
NOK1O
6NDS
FI4000011945Nokia OyjFI0009000681EURwww.nokia.com
NOK1L
11NDS
FI4000011952Nokia OyjFI0009000681EURwww.nokia.com

 

Table 2

Warrant
Trading
code
Strike
price
TypeMultiplierTotal
number
of
warrants
Issue
date
Expiration
Date
Settlement
Date
NOK0H
75NDS
7,50C1/515 000 0008.7.201020.8.201027.8.2010
NOK0I
76NDS
7,60C1/515 000 0008.7.201017.9.
2010
24.9.2010
NOK0U
68NDS
6,80P1/515 000 0008.7.201017.9.201024.9.2010
NOK0L
8NDS
8,00C1/515 000 0008.7.201017.12.201027.12.2010
NOK0X
65NDS
6,50P1/515 000 0008.7.201017.12.201027.12.2010
NOK1C
9NDS
9,00C1/515 000 0008.7.201018.3.201125.3.2011
NOK1O
6NDS
6,00P1/515 000 0008.7.201018.3.201125.3.2011
NOK1L
11NDS
11,00C1/515 000 0008.7.201016.12.201123.12.2011

 

Helsinki, 7 July 2010

NORDEA BANK AB (publ)

Juha Mikkilä

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