Nordea Bank AB (publ) issues 10 new turbo warrant series on 16 Aug 2011

15.08.11 11:07 | Pörssitiedotteet

Nordea Bank AB (publ) issues 10 new turbo warrant series on 16 Aug 2011

Nordea Bank AB (publ) will issue 10 new turbo warrant series on 16 Aug 2011 under its warrant programme. The underlying assets of the turbo warrants are Sampo Oyj (SAMAS) Wärtsilä Oyj (WRT1V) 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 assetSampo Oyj (SAMAS) Wärtsilä Oyj (WRT1V) 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
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.sampo.fiwww.wartsila.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
TESX1J2050NDSFI4000028303Dow Jones Euro Stoxx 50EU0009658145EURwww.stoxx.com
TESX1J2125NDSFI4000028311Dow Jones Euro Stoxx 50EU0009658145EURwww.stoxx.com
TESX1J2200NDS1FI4000028329Dow Jones Euro Stoxx 50EU0009658145EURwww.stoxx.com
TDAX1J5450NDSFI4000028345DAXDE0008469008EURwww.deutsche-boerse.com
TDAX1J5600NDSFI4000028352DAXDE0008469008EURwww.deutsche-boerse.com
TDAX1J5700NDSFI4000028360DAXDE0008469008EURwww.deutsche-boerse.com
TDAX1V6200NDSFI4000028378DAXDE0008469008EURwww.deutsche-boerse.com
TDAX1V6350NDSFI4000028386DAXDE0008469008EURwww.deutsche-boerse.com
TSAM1L 181NDSFI4000028394Sampo OyjFI0009003305EURwww.sampo.fi
TWRT1L  16NDS1FI4000028402Wärtsilä OyjFI0009003727EURwww.wartsila.com

 

 

Table 2

 

 

 

Warrant

 

Trading

code

Strike

 

price

Barrier

 

level

TypeMulti-

 

plier

Total

 

Number

of

war-

rants

Issue

 

date

Expi-

 

ration

Date

Settle-

 

ment

Date

TESX1J2050NDS20502050C1/100500,00016/08/

 

2011

21/10/201128/10/2011
TESX1J2125NDS21252125C1/100500,00016/08/

 

2011

21/10/201128/10/2011
TESX1J2200NDS122002200C1/100500,00016/08/

 

2011

21/10/201128/10/2011
TDAX1J5450NDS54505475C1/300500,00016/08/

 

2011

21/10/201128/10/2011
TDAX1J5600NDS56005625C1/300500,00016/08/

 

2011

21/10/201128/10/2011
TDAX1J5700NDS57005725C1/300500,00016/08/

 

2011

21/10/201128/10/2011
TDAX1V6200NDS62006175P1/300500,00016/08/

 

2011

21/10/201128/10/2011
TDAX1V6350NDS63506325P1/300500,00016/08/

 

2011

21/10/201128/10/2011
TSAM1L 181NDS18.1018.50C1500,00016/08/

 

2011

16/12/201123/12/2011
TWRT1L  16NDS116.0017.50C1500,00016/08/

 

2011

16/12/201123/12/2011

 

Helsinki, 15 Aug 2011

 

NORDEA BANK AB (publ)

 

Juha Mikkilä

 

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