Nordea Bank AB (publ) issues 22 new turbo warrant series on 13 June 2011

10.06.11 11:01 | Pörssitiedotteet

Nordea Bank AB (publ) will issue 22 new turbo warrant series on 13 June 2011 under its warrant programme. The underlying assets of the turbo warrants are Fortum Oyj (FUM1V), Metso Oyj (MEO1V), Nordea Bank AB (publ) (NDA1V), Nokian Renkaat Oyj (NRE1V), Stora Enso Oyj (STERV), UPM Kymmene Oyj (UPM1V) and Wärtsilä Oyj (WRT1V) shares and Dow Jones Euro Stoxx 50 index. 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 assetFortum Oyj (FUM1V), Metso Oyj (MEO1V), Nordea Bank AB (publ) (NDA1V), Nokian Renkaat Oyj (NRE1V), Stora Enso Oyj (STERV), UPM Kymmene Oyj (UPM1V) and Wärtsilä Oyj (WRT1V) shares and Dow Jones Euro Stoxx 50 index
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 -  1 000 000
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 website of the underlying companies www.fortum.comwww.metso.com,www.nordea.fiwww.nokianrenkaat.fiwww.storaenso.com,www.upm-kymmene.comwww.wartsila.comwww.stoxx.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 codeUnderlying instrumentUnderlying instrument ISIN codeUnderlying CurrencyAdditional
Information on
the underlying
TFUM1L  20NDSFI4000025267Fortum OyjFI0009007132EURwww.fortum.com
TFUM1L 215NDSFI4000025275Fortum OyjFI0009007132EURwww.fortum.com
TFUM1X  24NDSFI4000025283Fortum OyjFI0009007132EURwww.fortum.com
TFUM1X  25NDSFI4000025291Fortum OyjFI0009007132EURwww.fortum.com
TMEO1L  33NDSFI4000025309Metso OyjFI0009007835EURwww.metso.com
TMEO1X  46NDSFI4000025317Metso OyjFI0009007835EURwww.metso.com
TNDA1L  65NDSFI4000025325Nordea Bank AB (publ) FDRFI0009902530EURwww.nordea.fi
TNDA1X   9NDSFI4000025333Nordea Bank AB (publ) FDRFI0009902530EURwww.nordea.fi
TNRE1L  28NDSFI4000025341Nokian Renkaat OyjFI0009005318EURwww.nokian
renkaat.fi
TNRE1X  40NDSFI4000025358Nokian Renkaat OyjFI0009005318EURwww.nokian
renkaat.fi
TSTE1L 625NDSFI4000025366Stora Enso OyjFI0009005961EURwww.storaenso.
com
TSTE1X 875NDSFI4000025374Stora Enso OyjFI0009005961EURwww.storaenso.
com
TUPM1L 105NDSFI4000025382UPM-Kymmene OyjFI0009005987EURwww.upm-kymmene.com
TUPM1L1175NDSFI4000025390UPM-Kymmene OyjFI0009005987EURwww.upm-kymmene.com
TUPM1X  13NDSFI4000025408UPM-Kymmene OyjFI0009005987EURwww.upm-
kymmene.com
TUPM1X  14NDSFI4000025416UPM-Kymmene OyjFI0009005987EURwww.upm-
kymmene.com
TWRT1L  19NDSFI4000025424Wärtsilä OyjFI0009003727EURwww.wartsila.com
TWRT1X  29NDSFI4000025432Wärtsilä OyjFI0009003727EURwww.wartsila.com
TESX1I2600NDSFI4000025440Dow Jones Euro Stoxx 50EU0009658145EURwww.stoxx.com
TESX1I2650NDSFI4000025457Dow Jones Euro Stoxx 50EU0009658145EURwww.stoxx.com
TESX1U2850NDSFI4000025465Dow Jones Euro Stoxx 50EU0009658145EURwww.stoxx.com
TESX1U2900NDSFI4000025473Dow 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
Settlement
Date
TFUM1L
20NDS
20,0020,40C1   500 00013.6.201116.12.201123.12.
2011
TFUM1L
215NDS
21,5021,50C 1/51 000 00013.6.201116.12.201123.12.
2011
TFUM1X 
24NDS
24,0024,00P 1/51 000 00013.6.201116.12.201123.12.
2011
TFUM1X
25NDS
25,0024,60P1   500 00013.6.201116.12.201123.12.
2011
TMEO1L
33NDS
33,0034,50C 1/5500 00013.6.201116.12.201123.12.
2011
TMEO1X
46NDS
46,0044,50P 1/5500 00013.6.201116.12.201123.12.
2011
TNDA1L
65NDS
6,506,75C1   500 00013.6.201116.12.201123.12.
2011
TNDA1X
9NDS
9,008,75P1   500 00013.6.201116.12.201123.12.
2011
TNRE1L
28NDS
28,0029,50C 1/5500 00013.6.201116.12.201123.12.
2011
TNRE1X
40NDS
40,0038,50P 1/5500 00013.6.201116.12.201123.12.
2011
TSTE1L
625NDS
6,256,50C1   500 00013.6.201116.12.201123.12.
2011
TSTE1X
875NDS
8,758,50P1   500 00013.6.201116.12.201123.12.
2011
TUPM1L
105NDS
10,5010,90C1   500 00013.6.201116.12.201123.12.
2011
TUPM1L
1175NDS
11,7511,75C 1/51 000 00013.6.201116.12.201123.12.
2011
TUPM1X
13NDS
13,0013,00P 1/51 000 00013.6.201116.12.201123.12.
2011
TUPM1X
14NDS
14,0013,60P1   500 00013.6.201116.12.201123.12.
2011
TWRT1L
19NDS
19,0020,50C 1/5500 00013.6.201116.12.201123.12.
2011
TWRT1X
29NDS
29,0027,50P 1/5500 00013.6.201116.12.201123.12.
2011
TESX1I
2600NDS
2 6002 600C  1/100500 00013.6.201116.9.201123.9.
2011
TESX1I
2650NDS
2 6502 650C  1/100500 00013.6.201116.9.201123.9.
2011
TESX1U
2850NDS
2 8502 850P  1/100500 00013.6.201116.9.201123.9.
2011
TESX1U
2900NDS
2 9002 900P  1/100500 00013.6.201116.9.201123.9.
2011

 

 

Helsinki, 10 June 2011

 

NORDEA BANK AB (publ)

 

Juha Mikkilä

 

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