Nordea Bank AB (publ) issues 8 new warrant series on 28 February 2011

25.02.11 11:00 | Pörssitiedotteet

Nordea Bank AB (publ) will launch 8 new warrant series on 28 February 2011 under its warrant programme. The underlying asset of the warrant is Nokia Oyj (NOK1V) share. 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 2010. The base prospectus for the warrant programme and the final terms for each warrant serie are available at the issuer’s The following terms only summarize the final terms and the base prospectus.

IssuerNordea Bank AB (publ)
Instrument nameWarrant (call/put)
Underlying assetNokia Oyj (NOK1V) share
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.



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: on the website of the company:



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 codeWarrant ISIN codeUnderlying instrumentUnderlying instrument ISIN codeUnderlying CurrencyAdditional Information on the underlying
NOK1C  62NDSFI4000021324Nokia
NOK1D  64NDSFI4000021332Nokia
NOK1Q  58NDSFI4000021340Nokia
NOK1E  66NDSFI4000021357Nokia
NOK1F  68NDSFI4000021365Nokia
NOK1L   7NDSFI4000021373Nokia
NOK2L  75NDSFI4000021381Nokia
NOK3L   8NDSFI4000021399Nokia



Table 2


Warrant Trading codeStrike priceTypeMultiplierTotal number of warrantsIssue dateExpiration DateSettlement Date
NOK1C  62NDS6,20C   1/5 15 000 00028.2.201118.3.
NOK1D  64NDS6,40C   1/5 15 000 00028.2.201115.4.201126.4.2011
NOK1Q  58NDS5,80P   1/5 15 000 00028.2.201120.5.201127.5.2011
NOK1E  66NDS6,60C   1/5 15 000 00028.2.201120.5.201127.5.2011
NOK1F  68NDS6,80C   1/5 15 000 00028.2.201117.6.201127.6.2011
NOK1L   7NDS7,00C   1/5 15 000 00028.2.201116.12.201123.12.2011
NOK2L  75NDS7,50C   1/5 15 000 00028.2.201121.12.20124.1.2013
NOK3L   8NDS8,00C   1/5 15 000 00028.2.201120.12.20133.1.2014




Helsinki, 25 February 2011






Juha Mikkilä     



For further information, please contact Juha Mikkilä tel. +358-9-369 49354.