Nordea Bank AB (publ) issues 7 new turbo warrant series on 16 Nov 2011

15.11.11 11:00 | Pörssitiedotteet

Nordea Bank AB (publ) will issue7new turbo warrant series on 16Nov 2011 under its warrant programme. The underlying assets of the turbo warrants are Outokumpu Oyj (OUT1V), Rautaruukki Oyj (RTRKS) andTalvivaaran Kaivososakeyhtiö Oyj (TLV1V) sharesand Dax and Dow Jones Euro Stoxx 50indices. 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 assetOutokumpu Oyj (OUT1V), Rautaruukki Oyj (RTRKS) andTalvivaaran 
Kaivososakeyhtiö Oyj (TLV1V) sharesand Dax and Dow Jones Euro Stoxx 
50indices
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 amountFor 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 warrants100 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 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.outokumpu.com,www.rautaruukki.fi,www.talvivaara.comwww.stoxx.comand 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
Under-
lying
instru-
ment
Under-
lying
instru-
ment
ISIN
code
Under-
lying Currency
Additional
Information
on the
underlying
TDAX2A5750NDSFI4000032248DAXDE0008469008EUR

www.
deutsche-
boerse.com

 

TDAX2M6200NDSFI4000032255DAXDE0008469008EURwww.
deutsche-
boerse.com
TESX2A2200NDSFI4000032263Dow Jones Euro Stoxx 50EU0009658145EURwww.stoxx.
com
TESX2M2500NDSFI4000032271Dow Jones Euro Stoxx 50EU0009658145EURwww.stoxx.
com
TOUT2B  45NDSFI4000032289Outokumpu OyjFI0009002422EURwww.outo-
kumpu.com
TRTR2B  62NDSFI4000032297Rautaruukki OyjFI0009003552EURwww.rauta-
ruukki.fi
TTLV2B   2NDSFI4000032305Talvivaaran Kaivososakeyhtiö OyjFI0009014716EURwww.talvi-
vaara.com

Table 2

Warrant
Trading
code
Strike
price
Barrier
level
TypeMulti-
plier
Total 
number 
of 
warrants
Issue
date
Expiration
Date
Settle-
ment
Date
TDAX2A5750NDS57505775C1/3001 000 00016.11.
2011
20.1.
2012
27.1.
2012
TDAX2M6200NDS62006175P1/3001 000 00016.11.
2011
20.1.
2012
27.1.
2012
TESX2A2200NDS22002200C1/1501 000 00016.11.
2011
20.1.
2012
27.1.
2012
TESX2M2500NDS25002500P1/1501 000 00016.11.
2011
20.1.
2012
27.1.
2012
TOUT2B  45NDS4,504,75C1500 00016.11.
2011
17.2.
2012
24.2.
2012
TRTR2B  62NDS6,206,60C1500 00016.11.
2011
17.2.
2012
24.2.
2012
TTLV2B   2NDS2,002,20C1100 00016.11.
2011
17.2.
2012
24.2.
2012

Helsinki, 15 Nov 2011

NORDEA BANK AB (publ)

Juha Mikkilä

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