Nordea Bank AB (publ) issues 11 new turbo warrant series on 14 July 2011

13.07.11 11:00 | Pörssitiedotteet

Nordea Bank AB (publ) will issue 11 new turbo warrant series on 14 July 2011 under its warrant programme. The underlying assets of the turbo warrants are Stora Enso Oyj (STERV) share and Dow Jones Euro Stoxx 50 and DAX 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) share and Dow Jones Euro Stoxx 50 and DAX 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 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 turbowarrant
Total number of
warrants
500 000 -  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
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 www.storaenso.comwww.stoxx.com andwww.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
instru-
ment
Under-
lying
instru-
ment
ISIN
code
Underlying
Currency
Additional
Information
on the
underlying
TDAX1J6500NDSFI4000026919DAXDE0008469008EURwww.deutsche-boerse.com
TDAX1J6650NDSFI4000026927DAXDE0008469008EURwww.deutsche-boerse.com
TDAX1J6850NDSFI4000026935DAXDE0008469008EURwww.deutsche-boerse.com
TDAX1J6950NDSFI4000026943DAXDE0008469008EURwww.deutsche-boerse.com
TDAX1V7250NDSFI4000026950DAXDE0008469008EURwww.deutsche-boerse.com
TDAX1V7350NDSFI4000026968DAXDE0008469008EURwww.deutsche-boerse.com
TDAX1V7450NDSFI4000026976DAXDE0008469008EURwww.deutsche-boerse.com
TDAX1V7600NDSFI4000026984DAXDE0008469008EURwww.deutsche-boerse.com
TESX1J2500NDSFI4000026992Dow Jones
Euro
Stoxx 50
EU0009658145EURwww.stoxx.com
TESX1V2750NDSFI4000027008Dow Jones
Euro
Stoxx 50
EU0009658145EURwww.stoxx.com
TSTE1L 575NDSFI4000027016Stora Enso
Oyj
FI0009005961EURwww.storaenso.com

 

Table 2

Warrant
Trading
code
Strike
price
Barrier
level
TypeMulti-
plier
Total
number
of
warrants
Issue
date
Expiration
Date
Settle-
ment
Date
TDAX1J6500NDS65006525C1/3001,000,00014/07/
2011
21/10/
2011
28/10/
2011
TDAX1J6650NDS66506675C1/3001,000,00014/07/
2011
21/10/
2011
28/10/
2011
TDAX1J6850NDS68506875C1/3001,000,00014/07/
2011
21/10/
2011
28/10/
2011
TDAX1J6950NDS69506975C1/3001,000,00014/07/
2011
21/10/
2011
28/10/
2011
TDAX1V7250NDS72507225P1/3001,000,00014/07/
2011
21/10/
2011
28/10/
2011
TDAX1V7350NDS73507325P1/3001,000,00014/07/
2011
21/10/
2011
28/10/
2011
TDAX1V7450NDS74507425P1/3001,000,00014/07/
2011
21/10/
2011
28/10/
2011
TDAX1V7600NDS76007575P1/3001,000,00014/07/
2011
21/10/
2011
28/10/
2011
TESX1J2500NDS25002500C1/100500,00014/07/
2011
21/10/
2011
28/10/
2011
TESX1V2750NDS27502750P1/100500,00014/07/
2011
21/10/
2011
28/10/
2011
TSTE1L 575NDS5.756.00C1500,00014/07/
2011
16/12/
2011
23/12/
2011

 

Helsinki, 13 July 2011

NORDEA BANK AB (publ)

Juha Mikkilä

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