Nordea Bank AB (publ) issues 3 new warrant series on 19 Aug 2011

18.08.11 11:00 | Pörssitiedotteet

Nordea Bank AB (publ) will issue 3 new warrant series on 19 Aug 2011 under its warrant programme. The underlying asset of the turbo warrants is Nokian Renkaat Oyj (NRE1V) share. Upon expiry of a warrant, the possible net value is paid in cash to the holder of the warrant.

Warrant specific terms and conditions

All 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 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 nameWarrant (call/put)
Underlying assetNokian Renkaat Oyj (NRE1V) share
Cash Settlement Amount

 

 

Call Warrant: 
(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.

 

 

Put Warrant: 
(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.
Closing Price Determination DateIn case of a Share:

 

 

Official Closing Price on Final Trading Day

 

Market placeNasdaq OMX Helsinki Ltd
Reference SourceIn case of Share:

 

 

Nasdaq OMX Helsinki Ltd

 

Reference price determination methodClosing Price on Closing Price Determination Date
Exercise procedureThe Bank carries out automatic cash settlement
Listing currencyEUR

 

 

Total number of warrants3 000 000
Trading lot1 warrant
Market makerNordea Bank Finland Plc operates as the Market Maker.

 

 

Market Maker undertakes to provide bid and ask quotation for the Warrants during the time 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 most (maximum spread):

 

0,10 EUR, if ask price is < 2 EUR
0,20 EUR, if ask price is > 2 EUR

 

Quotations concern a minimum amount of one thousand warrants. No bid quotation is given for Warrants that have a market value of less than one (1) cent or corresponding value in other currency. 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 asset 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 regulated market/multilateral trading facility/marketplace.

 

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 www.nokianrenkaat.fi. 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
NRE1X
235NDS
FI4000028485Nokian Renkaat OyjFI0009005318EURwww.nokianrenkaat.fi
NRE1L
27NDS
FI4000028493Nokian Renkaat OyjFI0009005318EURwww.nokianrenkaat.fi
NRE1L
295NDS
FI4000028501Nokian Renkaat OyjFI0009005318EURwww.nokianrenkaat.fi

Table 2

Warrant Trading
code
Strike
price
TypeMultiplierTotal
number of
warrants
Issue dateExpiration
Date
Settlement
Date
NRE1X
235NDS
23,50P1/53 000 00019.8.201116.12.201123.12.2011
NRE1L
27NDS
27,00C1/53 000 00019.8.201116.12.201123.12.2011
NRE1L
295NDS
29,50C1/53 000 00019.8.201116.12.201123.12.2011

Helsinki, 18 Aug 2011

NORDEA BANK AB (publ)

Juha Mikkilä

For further information, please contact Juha Mikkilä tel. +358 9 369 49354