Nordea Bank AB (publ) issues 32 new turbo warrant series on 9 Aug 2011

08.08.11 11:00 | Pörssitiedotteet

Nordea Bank AB (publ) will issue 32 new turbo warrant series on 9 Aug 2011 under its warrant programme. The underlying assets of the turbo warrants are Nokia Oyj (NOK1V), Metso Oyj (MEO1V), Fortum Oyj (FUM1V), Nordea Bank AB (NDA1V), Nokian Renkaat Oyj (NRE1V), Outotec Oyj (OTE1V), Sampo Oyj (SAMAS), Stora Enso Oyj (STERV) 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 Oyj (NOK1V), Metso Oyj (MEO1V), Fortum Oyj (FUM1V), Nordea Bank AB (NDA1V), Nokian Renkaat Oyj (NRE1V), Outotec Oyj (OTE1V), Sampo Oyj (SAMAS), Stora Enso Oyj (STERV) and UPM Kymmene Oyj (UPM1V) shares and 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 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.nokia.comwww.fortum.com,www.metso.comwww.nordea.fiwww.nokianrenkaat.fi,www.outotec.comwww.sampo.fiwww.storaenso.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 CurrencyAdditional Information
on the
underlying
TESX1J2200NDSFI4000027610Dow Jones Euro Stoxx 50EU0009658145EURwww.stoxx.com
TESX1J2300NDSFI4000027628Dow Jones Euro Stoxx 50EU0009658145EURwww.stoxx.com
TESX1V2500NDSFI4000027636Dow Jones Euro Stoxx 50EU0009658145EURwww.stoxx.com
TESX1V2650NDSFI4000027644Dow Jones Euro Stoxx 50EU0009658145EURwww.stoxx.com
TDAX1J5700NDSFI4000027651DAXDE0008469008EURwww.deutsche-boerse.com
TDAX1J5900NDSFI4000027669DAXDE0008469008EURwww.deutsche-boerse.com
TDAX1J6100NDSFI4000027677DAXDE0008469008EURwww.deutsche-boerse.com
TDAX1V6500NDSFI4000027685DAXDE0008469008EURwww.deutsche-boerse.com
TDAX1V6700NDSFI4000027693DAXDE0008469008EURwww.deutsche-boerse.com
TDAX1V7000NDSFI4000027701DAXDE0008469008EURwww.deutsche-boerse.com
TNOK1X  45NDS1FI4000027719Nokia OyjFI0009000681EURwww.nokia.com
TFUM1L  14NDSFI4000027727Fortum OyjFI0009007132EURwww.fortum.com
TFUM1L  15NDSFI4000027735Fortum OyjFI0009007132EURwww.fortum.com
TFUM1X 195NDSFI4000027743Fortum OyjFI0009007132EURwww.fortum.com
TMEO1L  19NDSFI4000027750Metso OyjFI0009007835EURwww.metso.com
TMEO1L  22NDSFI4000027768Metso OyjFI0009007835EURwww.metso.com
TMEO1X  33NDSFI4000027776Metso OyjFI0009007835EURwww.metso.com
TNDA1L   5NDSFI4000027784Nordea Bank AB (publ) FDRFI0009902530EURwww.nordea.fi
TNRE1L  18NDSFI4000027792Nokian RenkaatFI0009005318EURwww.nokian
renkaat.fi
TNRE1L  20NDSFI4000027800Nokian RenkaatFI0009005318EURwww.nokian
renkaat.fi
TNRE1X  31NDSFI4000027818Nokian RenkaatFI0009005318EURwww.nokian
renkaat.fi
TOTE1L  23NDSFI4000027826Outotec OyjFI0009014575EURwww.outotec.com
TOTE1X  36NDSFI4000027834Outotec OyjFI0009014575EURwww.outotec.com
TSAM1L  15NDSFI4000027842Sampo OyjFI0009003305EURwww.sampo.fi
TSAM1L  17NDSFI4000027859Sampo OyjFI0009003305EURwww.sampo.fi
TSAM1X  22NDSFI4000028162Sampo OyjFI0009003305EURwww.sampo.fi
TSTE1L   3NDSFI4000028170Stora Enso OyjFI0009005961EURwww.storaenso.com
TSTE1L   4NDSFI4000028188Stora Enso OyjFI0009005961EURwww.storaenso.com
TSTE1X   7NDSFI4000028196Stora Enso OyjFI0009005961EURwww.storaenso.com
TUPM1L   6NDSFI4000028204UPM-Kymmene OyjFI0009005987EURwww.upm-kymmene.com
TUPM1L   7NDSFI4000028212UPM-Kymmene OyjFI0009005987EURwww.upm-kymmene.com
TUPM1X  11NDSFI4000028220UPM-Kymmene OyjFI0009005987EURwww.upm-kymmene.com

 

 

Table 2

 

Warrant
Trading
code
Strike
price
Bar-
rier
level
Ty-
pe
Multi-
plier
Total
number
of
war-
rants
Issue
date
Expi-
ration
Date
Settle-
ment
Date
TESX1J
2200NDS
22002200C1/100500,00009/08/201121/10/201128/10/2011
TESX1
J2300NDS
23002300C1/100500,00009/08/201121/10/201128/10/2011
TESX1
V2500NDS
25002500P1/100500,00009/08/201121/10/201128/10/2011
TESX1
V2650NDS
26502650P1/100500,00009/08/201121/10/201128/10/2011
TDAX1
J5700NDS
57005725C1/300500,00009/08/201121/10/201128/10/2011
TDAX1
J5900NDS
59005925C1/300500,00009/08/201121/10/201128/10/2011
TDAX1
J6100NDS
61006125C1/300500,00009/08/201121/10/201128/10/2011
TDAX1
V6500NDS
65006475P1/300500,00009/08/201121/10/201128/10/2011
TDAX1
V6700NDS
67006675P1/300500,00009/08/201121/10/201128/10/2011
TDAX1
V7000NDS
70006975P1/300500,00009/08/201121/10/201128/10/2011
TNOK1X  45NDS1 4.50 4.20P11,500,00009/08/201116/12/201123/12/2011
TFUM1L  14NDS 14.00 14.40C1500,00009/08/201116/12/201123/12/2011
TFUM1L  15NDS 15.00 15.40C1500,00009/08/201116/12/201123/12/2011
TFUM1X 195NDS 19.50 19.10P1500,00009/08/201116/12/201123/12/2011
TMEO1L  19NDS 19.00 20.50C1/5500,00009/08/201116/12/201123/12/2011
TMEO1L  22NDS 22.00 23.50C1/5500,00009/08/201116/12/201123/12/2011
TMEO1X  33NDS 33.00 31.50P1/5500,00009/08/201116/12/201123/12/2011
TNDA1L   5NDS 5.00 5.25C1500,00009/08/201116/12/201123/12/2011
TNRE1L  18NDS 18.00 19.50C1/5500,00009/08/201116/12/201123/12/2011
TNRE1L  20NDS 20.00 21.50C1/5500,00009/08/201116/12/201123/12/2011
TNRE1X  31NDS 31.00 29.50P1/5500,00009/08/201116/12/201123/12/2011
TOTE1L  23NDS 23.00 24.50C1/5500,00009/08/201116/12/201123/12/2011
TOTE1X  36NDS 36.00 34.50P1/5500,00009/08/201116/12/201123/12/2011
TSAM1L  15NDS 15.00 15.40C1500,00009/08/201116/12/201123/12/2011
TSAM1L  17NDS 17.00 17.40C1500,00009/08/201116/12/201123/12/2011
TSAM1X  22NDS 22.00 21.60P1500,00009/08/201116/12/201123/12/2011
TSTE1L   3NDS 3.00 3.25C1500,00009/08/201116/12/201123/12/2011
TSTE1L   4NDS 4.00 4.25C1500,00009/08/201116/12/201123/12/2011
TSTE1X   7NDS 7.00 6.75P1500,00009/08/201116/12/201123/12/2011
TUPM1L   6NDS 6.00 6.25C1500,00009/08/201116/12/201123/12/2011
TUPM1L   7NDS 7.00 7.25C1500,00009/08/201116/12/201123/12/2011
TUPM1X  11NDS 11.00 10.75P1500,00009/08/201116/12/201123/12/2011

 

 

Helsinki, 8 Aug 2011

 

NORDEA BANK AB (publ)

 

Juha Mikkilä

 

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