Nordea Bank AB (publ) issues 14 new turbo warrant series on 2 February 2011

01.02.11 11:00 | Pörssitiedotteet

Nordea Bank AB (publ) will launch 14 new turbo warrant series on 2 February 2011 under its warrant programme. The underlying asset of the turbo warrants are Nokia Oyj (NOK1V), Sampo Oyj (SAMAS), Stora Enso Oyj (STERV), UPM-Kymmene Oyj (UPM1V), Wärtsilä Oyj (WRT1V) and Nokian Renkaat Oyj (NRE1V) 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 2010.  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), Sampo Oyj (SAMAS), Stora Enso Oyj (STERV), UPM-Kymmene Oyj (UPM1V), Wärtsilä Oyj (WRT1V) and Nokian Renkaat Oyj (NRE1V) 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 -1 500 000
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.nokianrenkaat.fi,www.upm-kymmene.comwww.nordea.fiwww.sampo.fi,www.storaenso.comwww.wartsila.comwww.stoxx.com andwww.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
instrument
Underlying
instrument
ISIN code
Underlying
Currency
Additional
Information
on the
underlying
TDAX1O
7200NDS
FI4000017652DAXDE0008469008EURwww.deutsche-
boerse.com
TESX1O
3050NDS
FI4000017660Dow Jones
Euro Stoxx 50
EU0009658145EURwww.stoxx.com
T
NOK1D
72NDS
FI4000017678Nokia OyjFI0009000681EURwww.nokia.com
TNOK1P
85NDS
FI4000017686Nokia OyjFI0009000681EURwww.nokia.com
TNOK1E
66NDS
FI4000017694Nokia OyjFI0009000681EURwww.nokia.com
TNOK1Q
95NDS
FI4000017702Nokia OyjFI0009000681EURwww.nokia.com
TNRE1D
22NDS
FI4000017710Nokian Renkaat
Oyj
FI0009005318EURwww.nokianrenkaat.fi
TNDA1C
8NDS
FI4000017728Nordea Bank
AB (publ) FDR
FI0009902530EURwww.nordea.fi
TSAM1D
195NDS
FI4000017736Sampo OyjFI0009003305EURwww.sampo.fi
TSAM1P
235NDS
FI4000017744Sampo OyjFI0009003305EURwww.sampo.fi
TSTE1D
75NDS
FI4000017751Stora Enso OyjFI0009005961EURwww.storaenso.com
TSTE1P
10NDS
FI4000017769Stora Enso OyjFI0009005961EURwww.storaenso.com
TUPM1D
135NDS
FI4000017777UPM-Kymmene OyjFI0009005987EURwww.upm-
kymmene.com
TWRT1C
475NDS
FI4000017785Wärtsilä OyjFI0009003727EURwww.wartsila.com

Table 2

Warrant
Trading
code
Strike
price
Barrier
level
TypeMultiplierTotal
number
of
warrants
Issue
date
Expiration
Date
Settle-
ment
Date
TDAX1O
7200NDS
7 200,007 175,00P1/150750 0002.2.
2011
18.3.
2011
25.3.
2011
TESX1O
3050NDS
3 050,003 050,00P1/100500 0002.2.
2011
18.3.
2011
25.3.
2011
TNOK1D
72NDS
7,207,20C1/21 500 0002.2.
2011
20.4.
2011
29.4.
2011
TNOK1P
85NDS
8,508,50P1/21 500 0002.2.
2011
20.4.
2011
29.4.
2011
TNOK1E
66NDS
6,607,00C11 500 0002.2.
2011
3.5.
2011
10.5.
2011
TNOK1Q
95NDS
9,509,10P11 500 0002.2.
2011
3.5.
2011
10.5.
2011
TNRE1D
22NDS
22,0024,50C1/5500 0002.2.
2011
7.4.
2011
14.4.
2011
TNDA1C
8NDS
8,008,25C1500 0002.2.
2011
24.3.
2011
31.3.
2011
TSAM1D
195NDS
19,5019,90C1500 0002.2.
2011
14.4.
2011
21.4.
2011
TSAM1P
235NDS
23,5023,10P1500 0002.2.
2011
14.4.
2011
21.4.
2011
TSTE1D
75NDS
7,507,75C1500 0002.2.
2011
20.4.
2011
29.4.
2011
TSTE1P
10NDS
10,009,75P1500 0002.2.
2011
20.4.
2011
29.4.
2011
TUPM1D
135NDS
13,5013,90C1500 0002.2.
2011
7.4.
2011
14.4.
2011
TWRT1C
475NDS
47,5050,00C1/5500 0002.2.
2011
3.3.
2011
10.3.
2011

 

Helsinki, 1 February 2011
NORDEA BANK AB (publ)
Juha Mikkilä

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