Nordea Bank AB (publ) issues 11 new turbo warrant series on 18 March 2011

17.03.11 12:41 | Pörssitiedotteet

Nordea Bank AB (publ) will issue 11 new turbo warrant series on 18 March 2011 under its warrant programme. The underlying assets of the turbo warrants are Stora Enso Oyj (STERV) and Nokia Oyj (NOK1V) shares, 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 assetStora Enso Oyj (STERV) and Nokia Oyj (NOK1V) shares, 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 askquotation is less than EUR 2.00
20 cent, if the askquotation 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 website of the underlying companies: www.storaenso.comwww.nokia.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
instrument
Underlying
instrument
ISIN code
Under-
lying
Currency
Additional
Information
on the
underlying
TNOK1E 45NDSFI4000021696Nokia OyjFI0009000681EURwww.nokia.com
TNOK1D 53NDSFI4000021704Nokia OyjFI0009000681EURwww.nokia.com
TNOK1P 62NDSFI4000021712Nokia OyjFI0009000681EURwww.nokia.com 
TSTE1D 65NDSFI4000021720Stora Enso
Oyj
FI0009005961EURwww.storaenso.com
TDAX1E6350NDSFI4000021738DAXDE0008469008EURwww.deutsche-boerse.com
TDAX1E6450NDSFI4000021746DAXDE0008469008EURwww.deutsche-boerse.com
TDAX1E6550NDSFI4000021753DAXDE0008469008EURwww.deutsche-boerse.com
TDAX1Q6850NDSFI4000021761DAXDE0008469008EURwww.deutsche-boerse.com
TDAX1Q7000NDSFI4000021779DAXDE0008469008EURwww.deutsche-boerse.com
TESX1F2700NDSFI4000021795Dow Jones Euro Stoxx 50EU0009658145EURwww.stoxx.com
TESX1R2900NDSFI4000021803Dow Jones Euro Stoxx 50EU0009658145EURwww.stoxx.com

Table 2

Warrant
Trading
code
Strike
price
Barrier
level
TypeMulti-
plier
Total
number
of
warrants
Issue
date
Expiration
Date
Settle-
ment
Date
TNOK1E 45NDS4,504,90C11 500 00018.3.
2011
3.5.
2011
10.5.
2011
TNOK1D 53NDS5,305,30C1/21 500 00018.3.
2011
20.4.
2011
29.4.
2011
TNOK1P 62NDS6,206,20P1/21 500 00018.3.
2011
20.4.
2011
29.4.
2011
TSTE1D 65NDS6,506,75C1500 00018.3.
2011
20.4.
2011
29.4.
2011
TDAX1E6350NDS6 350,006 375,00C1/150750 00018.3.
2011
20.5.
2011
27.5.
2011
TDAX1E6450NDS6 450,006 475,00C1/150750 00018.3.
2011
20.5.
2011
27.5.
2011
TDAX1E6550NDS6 550,006 575,00C1/150750 00018.3.
2011
20.5.
2011
27.5.
2011
TDAX1Q6850NDS6 850,006 825,00P1/150750 00018.3.
2011
20.5.
2011
27.5.
2011
TDAX1Q7000NDS7 000,006 975,00P1/150750 00018.3.
2011
20.5.
2011
27.5.
2011
TESX1F2700NDS2 700,002 700,00C1/100500 00018.3.
2011
17.6.
2011
27.6.
2011
TESX1R2900NDS2 900,002 900,00P1/100500 00018.3.
2011
17.6.
2011
27.6.
2011

 

 

 

 

Helsinki, 17 March 2011

 

NORDEA BANK AB (publ)

 

 

Juha Mikkilä

 

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