Nordea Bank AB (publ) issues 15 new turbo warrant series on 9 September 2010

08.09.10 11:00 | Pörssitiedotteet

Nordea Bank AB (publ) will launch 15 new turbo warrant series on 9 Septermber under its warrant programme. The underlying asset of the turbo warrants are Nokia Oyj (NOK1V), Fortum Oyj (FUM1V), Sampo Oyj (SAMAS), Stora Enso Oyj (STERV) 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.

IssuerNordea Bank AB (publ)
Instrument nameTurbo Warrant (call / put)
Underlying assetNokia Oyj (NOK1V), Fortum Oyj (FUM1V), Sampo Oyj (SAMAS), Stora Enso Oyj (STERV) and UPM-Kymmene Oyj (UPM1V) shares, Nordea Bank AB (publ) (NDA1V) share depository receipts, DAX and Dow Jones Euro Stoxx 50 indices
Barrier Reference PriceMost 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 PriceReference Price on Closing Price Determination Date (see more information in the Final Terms of the Turbo Warrants).
Closing Price Determination DateIn 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 placeNasdaq OMX Helsinki Ltd
Reference SourceIn case of Share:
Nasdaq OMX Helsinki Ltd

 

 

In case of Index:
EUREX

Reference price determination methodClosing Price on Closing Price Determination Date

 

 

Exercise procedureThe Bank carries out automatic cash settlement
Listing currencyEUR
Trading lot1 warrant
Total number of warrants500 000 – 1 000 000
Market makerNordea 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 companyAdditional 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.comwww.fortum.com,  www.nordea.fiwww.sampo.fiwww.storaenso.comwww.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
Under
lying
instru-
ment
Underlying
instrument
ISIN code
Under-
lying
Currency
Additional
Information
on the
underlying
TNOK1N 9NDSFI4000015243Nokia OyjFI0009000681EURwww.nokia.com
TNOK1B 58NDSFI4000015250Nokia OyjFI0009000681EURwww.nokia.com
TNOK1B 64NDSFI4000015268Nokia OyjFI0009000681EURwww.nokia.com
TFUM1N 21NDSFI4000015276Fortum OyjFI0009007132EURwww.fortum.com
TFUM1B 17NDSFI4000015284Fortum OyjFI0009007132EURwww.fortum.com
TNDA1N 9NDSFI4000015292Nordea Bank AB (publ) FDRFI0009902530EURwww.nordea.fi
TNDA1B 6NDSFI4000015300Nordea Bank AB (publ) FDRFI0009902530EURwww.nordea.fi
TSAM1N 21NDSFI4000015318Sampo OyjFI0009003305EURwww.sampo.fi
TSAM1B 18NDSFI4000015326Sampo OyjFI0009003305EURwww.sampo.fi
TSTE1B 5NDSFI4000015334Stora Enso OyjFI0009005961EURwww.storaenso.com
TUPM1B 95NDSFI4000015342UPM-Kymmene OyjFI0009005987EURwww.upm-kymmene.com
TDAX0L6000NDSFI4000015359DAXDE0008469008EURwww.deutsche-
boerse.com
TESX0X2900NDSFI4000015367Dow Jones Euro Stoxx 50EU0009658145EURwww.stoxx.com
TESX0L2500NDSFI4000015375Dow Jones Euro Stoxx 50EU0009658145EURwww.stoxx.com
TESX0L2650NDSFI4000015383Dow Jones Euro Stoxx 50EU0009658145EURwww.stoxx.com

Table 2

 

War-
rant
Trading
code
Strike
price
Bar-
rier
level
Ty-
pe
Multi-
plier
Total
Num-
ber
of
war-
rants
Issue
date
Expir-
ation
Date
Set-
tle-
ment
Date
TNOK1N 9NDS9,008,60P11 000 0009.9.
2010
18.2.
2011
25.2.
2011
TNOK1B 58NDS5,806,20C11 000 0009.9.
2010
18.2.
2011
25.2.
2011
TNOK1B 64NDS6,406,80C11 000 0009.9.
2010
18.2.
2011
25.2.
2011
TFUM1N 21NDS21,0020,60P1500 0009.9.
2010
18.2.
2011
25.2.
2011
TFUM1B 17NDS17,0017,40C1500 0009.9.
2010
18.2.
2011
25.2.
2011
TNDA1N 9NDS9,008,75P1500 0009.9.
2010
18.2.
2011
25.2.
2011
TNDA1B 6NDS6,006,25C1500 0009.9.
2010
18.2.
2011
25.2.
2011
TSAM1N 21NDS21,0020,60P1500 0009.9.
2010
18.2.
2011
25.2.
2011
TSAM1B 18NDS18,0018,40C1500 0009.9.
2010
18.2.
2011
25.2.
2011
TSTE1B 5NDS5,005,25C1500 0009.9.
2010
18.2.
2011
25.2.
2011
TUPM1B 95NDS9,509,90C1500 0009.9.
2010
18.2.
2011
25.2.
2011
TDAX0L6000NDS6 000,006 025,00C   1/1501 000 0009.9.
2010
17.12.
2010
27.12.
2010
TESX0X2900NDS2
900,00
2 875,00P   1/100500 0009.9.
2010
17.12.
2010
27.12.
2010
TESX0L2500NDS2 500,002 525,00C   1/100500 0009.9.
2010
17.12.
2010
27.12.
2010
TESX0L2650NDS2 650,002 675,00C   1/100500 0009.9.
2010
17.12.
2010
27.12.
2010

 

 

 

Helsinki, 8 September 2010

 

NORDEA BANK AB (publ)
Tommi Saarnio 

 

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