Nordea Bank AB (publ) issues 11 new warrant series on 16 March 2011

15.03.11 11:00 | Pörssitiedotteet

Nordea Bank AB (publ) will launch 11 new warrant series on 16 March 2011 under its warrant programme. The underlying assets of the warrants are Fortum Oyj ((FUM1V), Metso Oyj (MEO1V), Nokia Oyj (NOK1V), Outokumpu Oyj (OUT1V), Rautaruukki Oyj (RTRKS), Sampo Oyj (SAMAS), Stora Enso Oyj (STERV), UPM-Kymmene Oyj (UPM1V) shares. 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 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 assetFortum Oyj ((FUM1V), Metso Oyj (MEO1V), Nokia Oyj (NOK1V), Outokumpu Oyj (OUT1V), Rautaruukki Oyj (RTRKS), Sampo Oyj (SAMAS), Stora Enso Oyj (STERV), UPM-Kymmene Oyj (UPM1V) 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 warrants3 000 000 – 15 000 000
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.fortum.com,www.metso.com,  www.nokia.comwww.outokumpu.com,www.rautaruukki.fiwww.sampo.fiwww.storaenso.com andwww.upmkymmene.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 codeWarrant ISIN codeUnderlying instrumentUnderlying instrument ISIN codeUnderlying CurrencyAdditional Information on the underlying
FUM1E  22NDSFI4000021589Fortum OyjFI0009007132EURwww.fortum.com
OUT1E  13NDSFI4000021597Outokumpu OyjFI0009002422EURwww.outokumpu.com
RTR1E  17NDSFI4000021605Rautaruukki OyjFI0009003552EURwww.rautaruukki.fi
SAM1E 225NDSFI4000021613Sampo OyjFI0009003305EURwww.sampo.fi
STE1E   8NDSFI4000021621Stora Enso OyjFI0009005961EURwww.storaenso.com
UPM1E 145NDSFI4000021639UPM-Kymmene OyjFI0009005987EURwww.upm-kymmene.com
MEO1D  37NDSFI4000021647Metso OyjFI0009007835EURwww.metso.com
MEO1Q  34NDSFI4000021654Metso OyjFI0009007835EURwww.metso.com
MEO1E  38NDSFI4000021662Metso OyjFI0009007835EURwww.metso.com
NOK1E   6NDSFI4000021670Nokia OyjFI0009000681EURwww.nokia.com
NOK1H  64NDSFI4000021688Nokia OyjFI0009000681EURwww.nokia.com

Table 2

Warrant Trading codeStrike priceTypeMultiplierTotal number of warrantsIssue dateExpiration DateSettlement Date
FUM1E  22NDS22,00C   1/5 3 000 00016.3.201120.5.201127.5.2011
OUT1E  13NDS13,00C   1/5 3 000 00016.3.201120.5.201127.5.2011
RTR1E  17NDS17,00C   1/5 3 000 00016.3.201120.5.201127.5.2011
SAM1E 225NDS22,50C   1/5 3 000 00016.3.201120.5.201127.5.2011
STE1E   8NDS8,00C   1/5 3 000 00016.3.201120.5.201127.5.2011
UPM1E 145NDS14,50C   1/5 3 000 00016.3.201120.5.201127.5.2011
MEO1D  37NDS37,00C   1/5 3 000 00016.3.201115.4.201126.4.2011
MEO1Q  34NDS34,00P   1/5 3 000 00016.3.201120.5.201127.5.2011
MEO1E  38NDS38,00C   1/5 3 000 00016.3.201120.5.201127.5.2011
NOK1E   6NDS6,00C   1/5 15 000 00016.3.201120.5.201127.5.2011
NOK1H  64NDS6,40C   1/5 15 000 00016.3.201119.8.201126.8.2011

Helsinki, 15 March 2011

NORDEA BANK AB (publ)

Juha Mikkilä

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