Nordea Bank AB (publ) issues 8 new warrant series on 23 August 2010

20.08.10 11:00 | Pörssitiedotteet

Nordea Bank AB (publ) will launch 8 new warrant series on 23 August 2010 under its warrant programme. The underlying asset of the warrant is Nokia Oyj (NOK1V) shares. The warrants are call 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)
Underlying assetNokia Oyj (NOK1V) shares
Cash Settlement
Amount
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.
Closing PriceReference Price on Closing Price Determination Date.
Closing Price
Determination Date
Official Closing Price on Final Trading Day

 

 

Market placeNasdaq OMX Helsinki Ltd
Reference SourceNasdaq OMX Helsinki Ltd
Reference price
determination
method
Closing 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
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 website of the company: www.nokia.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
NOK0I  72NDSFI4000014725Nokia OyjFI0009000681EURwww.nokia.com
NOK0J  75NDSFI4000014733Nokia OyjFI0009000681EURwww.nokia.com
NOK0K   7NDSFI4000014741Nokia OyjFI0009000681EURwww.nokia.com
NOK0K  76NDSFI4000014758Nokia OyjFI0009000681EURwww.nokia.com
NOK0K  85NDSFI4000014766Nokia OyjFI0009000681EURwww.nokia.com
NOK1L   8NDSFI4000014790Nokia OyjFI0009000681EURwww.nokia.com
NOK1L  10NDSFI4000014774Nokia OyjFI0009000681EURwww.nokia.com
NOK2L  12NDSFI4000014782Nokia OyjFI0009000681EURwww.nokia.com

Table 2

19.11.2010

Warrant
Trading
code
Strike
price
TypeMultiplierTotal
number of
warrants
Issue
date
Expiration
Date
Settlement
Date
NOK0I  72NDS7,20C1/515 000 00023.8.201017.9.201024.9.2010
NOK0J  75NDS7,50C1/515 000 00023.8.201015.10.201022.10.2010
NOK0K   7NDS7,00C1/515 000 00023.8.201019.11.201026.11.2010
NOK0K  76NDS7,60C1/515 000 00023.8.201026.11.2010
NOK0K  85NDS8,50C1/515 000 00023.8.201019.11.201026.11.2010
NOK1L   8NDS8,00C1/515 000 00023.8.201016.12.201123.12.2011
NOK1L  10NDS10,00C1/515 000 00023.8.201016.12.201123.12.2011
NOK2L  12NDS12,00C1/515 000 00023.8.201021.12.20124.1.2013

 
Helsinki, 20 August 2010

NORDEA BANK AB (publ)

Tommi Saarnio 

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