Nordea Bank AB (publ) issues 9 new turbo warrant series on 2 Nov 2011

01.11.11 12:51 | Pörssitiedotteet

Nordea Bank AB (publ) will issue9new turbo warrant series on 2Nov 2011 under its warrant programme. The underlying assets of the turbo warrants are Fortum Oyj (FUM1V), Nokia Oyj (NOK1V), Metso Oyj (MEO1V), Nokian Renkaat Oyj (NRE1V), Outotec Oyj (OTE1V) andWärtsilä Oyj (WRT1V) sharesand Dax 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 2011.  The base prospectus for the warrant programme and the final terms for each turbo warrant series are available at the website of Nordea Bank Finland Plc: 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), Nokia Oyj (NOK1V), Metso Oyj (MEO1V), Nokian Renkaat Oyj (NRE1V), Outotec Oyj (OTE1V) andWärtsilä Oyj (WRT1V) sharesand Dax index
Barrier Reference
Price
Most 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 warrant
Total number of
warrants
500 000 – 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
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 companieswww.fortum.comwww.nokia.com,www.metso.comwww.nokianrenkaat.comwww.outotec.com,www.wartsila.comwww.stoxx.comandwww.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
Underlying
instrument
ISIN
code
Under-
lying
Currency
Additional
Information
on the
underlying
TDAX2A6000NDSFI4000031844DAXDE0008469008EURwww.deutsche-boerse.com
TDAX2M7000NDSFI4000031851DAXDE0008469008EURwww.deutsche-boerse.com
TNOK2B  44NDSFI4000031869Nokia OyjFI0009000681EURwww.nokia.com
TFUM2B 165NDSFI4000031877Fortum OyjFI0009007132EURwww.fortum.com
TMEO2B  23NDSFI4000031885Metso OyjFI0009007835EURwww.metso.com
TNRE2B  23NDSFI4000031893Nokian Renkaat OyjFI0009005318EURwww.nokianrenkaat.fi
TOTE2B 285NDSFI4000031901Outotec OyjFI0009014575EURwww.outotec.com
TOTE2N 415NDSFI4000031919Outotec OyjFI0009014575EURwww.outotec.com
TWRT2B 185NDSFI4000031927Wärtsilä OyjFI0009003727EURwww.wartsila.com

Table 2

Warrant
Trading
code
Strike
price
Barrier
level
TypeMulti-
plier
Total
number
of
warrants
Issue
date
Expi-
ration
Date
Settle-
ment
Date
TDAX2A6000NDS60006025C1/3001 000 0002.11.
2011
20.1.
2012
27.1.
2012
TDAX2M7000NDS70006975P1/3001 000 0002.11.
2011
20.1.
2012
27.1.
2012
TNOK2B  44NDS4,404,70C11 500 0002.11.
2011
17.2.
2012
24.2.
2012
TFUM2B 165NDS16,5016,90C1500 0002.11.
2011
17.2.
2012
24.2.
2012
TMEO2B  23NDS23,0024,50C1/5500 0002.11.
2011
17.2.
2012
24.2.
2012
TNRE2B  23NDS23,0024,50C1/5500 0002.11.
2011
17.2.
2012
24.2.
2012
TOTE2B 285NDS28,5030,00C1/5500 0002.11.
2011
17.2.
2012
24.2.
2012
TOTE2N 415NDS41,5040,00P1/5500 0002.11.
2011
17.2.
2012
24.2.
2012
TWRT2B 185NDS18,5020,00C1/5500 0002.11.
2011
17.2.
2012
24.2.
2012

Helsinki, 1Nov 2011

NORDEA BANK AB (publ)

Juha Mikkilä

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