Nordea Bank AB (publ) issues 16 new turbo warrant series on 4 May 2011

03.05.11 11:00 | Pörssitiedotteet

Nordea Bank AB (publ) will issue 16 new turbo warrant series on 4 May 2011 under its warrant programme. The underlying assets of the turbo warrants are Nokia Oyj (NOK1V) and UPM-Kymmene Oyj (UPM1V) shares and 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 (NOK1V) and UPM-Kymmene Oyj (UPM1V) shares, DAX and Dow Jones Euro Stoxx 50 indices
Barrier Reference
Price
Most 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 Date
In 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
method
Closing Price on Closing Price Determination Date

 

Exercise procedureThe Bank carries out automatic cash settlement
Listing currencyEUR
Trading lot1 warrant
Total number of
warrants
500 000 -  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
company
Additional 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.nokia.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
Underlying
instrument
Underlying
instrument
ISIN code
Underlying
Currency
Additional
Information
on the
underlying
TNOK1I  42NDSFI4000022827Nokia OyjFI0009000681EURwww.nokia.com
TNOK1I   5NDSFI4000022835Nokia OyjFI0009000681EURwww.nokia.com
TNOK1G  56NDSFI4000022843Nokia OyjFI0009000681EURwww.nokia.com
TNOK1S  65NDSFI4000022850Nokia OyjFI0009000681EURwww.nokia.com
TNOK1U   7NDSFI4000022868Nokia OyjFI0009000681EURwww.nokia.com
TNOK1U  75NDSFI4000022876Nokia OyjFI0009000681EURwww.nokia.com
TUPM1I 125NDSFI4000022884UPM-
Kymmene Oyj
FI0009005987EURwww.upm-
kymmene.com
TDAX1G7350NDSFI4000022892DAXDE0008469008EURwww.deutsche-
boerse.com
TDAX1F7450NDSFI4000022900DAXDE0008469008EURwww.deutsche-
boerse.com
TDAX1F7500NDSFI4000022918DAXDE0008469008EURwww.deutsche-
boerse.com
TDAX1R7650NDSFI4000022926DAXDE0008469008EURwww.deutsche-
boerse.com
TDAX1R7700NDSFI4000022934DAXDE0008469008EURwww.deutsche-
boerse.com
TDAX1R7750NDSFI4000022942DAXDE0008469008EURwww.deutsche-
boerse.com
TDAX1S7850NDSFI4000022959DAXDE0008469008EURwww.deutsche-
boerse.com
TESX1G2950NDSFI4000022967Dow Jones Euro Stoxx 50EU0009658145EURwww.stoxx.com
TESX1S3150NDSFI4000022975Dow Jones Euro Stoxx 50EU0009658145EURwww.stoxx.com

Table 2

Warrant
Trading
code
Strike
price
Barrier
level
TypeMultiplierTotal
number
of
warrants
Issue
date
Expi-
ration
Date
Settle
ment
Date
TNOK1I  42NDS4,204,50C11 500 0004.5.201116.9.
2011
23.9.
2011
TNOK1I   5NDS5,005,30C11 500 0004.5.201116.9.
2011
23.9.
2011
TNOK1G  56NDS5,605,60C   1/2 1 500 0004.5.201115.7.
2011
22.7.
2011
TNOK1S  65NDS6,506,50P   1/2 1 500 0004.5.201115.7.
2011
22.7.
2011
TNOK1U   7NDS7,006,70P11 500 0004.5.201116.9.
2011
23.9.
2011
TNOK1U  75NDS7,507,20P11 500 0004.5.201116.9.
2011
23.9.
2011
TUPM1I 125NDS12,5012,90C1500 0004.5.201116.9.
2011
23.9.
2011
TDAX1G7350NDS7 350,007 375,00C   1/150750 0004.5.201115.7.
2011
22.7.
2011
TDAX1F7450NDS7 450,007 475,00C   1/150750 0004.5.201117.6.
2011
27.6.
2011
TDAX1F7500NDS7 500,007 525,00C   1/150750 0004.5.201117.6.
2011
27.6.
2011
TDAX1R7650NDS7 650,007 625,00P   1/150750 0004.5.201117.6.
2011
27.6.
2011
TDAX1R7700NDS7 700,007 675,00P   1/150750 0004.5.201117.6.
2011
27.6.
2011
TDAX1R7750NDS7 750,007 725,00P   1/150750 0004.5.201117.6.
2011
27.6.
2011
TDAX1S7850NDS7 850,007 825,00P   1/150750 0004.5.201115.7.
2011
22.7.
2011
TESX1G2950NDS2 950,002 950,00C   1/100500 0004.5.201115.7.
2011
22.7.
2011
TESX1S3150NDS3 150,003 150,00P   1/100500 0004.5.201115.7.
2011
22.7.
2011

Helsinki, 3 May 2011

NORDEA BANK AB (publ)

Juha Mikkilä

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