Nordea Bank AB (publ) will launch 8 new warrant series on 8 July 2010 under its warrant programme. The underlying asset of the warrant is Nokia Oyj (NOK1V) shares. The warrants are call and put warrants. The warrants are redeemed by cash payment. 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 2009. 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.
Issuer | Nordea Bank AB (publ) |
Instrument name | Warrant (call/put) |
Underlying asset | Nokia Oyj (NOK1V) shares |
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:
|
Closing Price | Reference Price on Closing Price Determination Date. |
Closing Price Determination Date | Official Closing Price on Final Trading Day |
Market place | Nasdaq OMX Helsinki Ltd |
Reference Source | Nasdaq OMX Helsinki Ltd |
Reference price determination method | Closing Price on Closing Price Determination Date |
Exercise procedure | The Bank carries out automatic cash settlement |
Listing currency | EUR |
Total number of warrants | 15 000 000 |
Trading lot | 1 warrant |
Market maker | Nordea 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
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 company | Additional information on the company and the development of the value of the underlying asset is available on the website of the OMX Nordic Exchange Helsinki: http://omxgroup.com/nordicexchange/and on the websites of the companies: www.nokia.com,www.konecranes.fi, www.storaenso.com, www.upmkymmene.com,www.talvivaara.com, www.omxnordicexchange.com andwww.stoxx.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 |
NOK0H
75NDS | FI4000011887 | Nokia Oyj | FI0009000681 | EUR | www.nokia.com |
NOK0I
76NDS | FI4000011895 | Nokia Oyj | FI0009000681 | EUR | www.nokia.com |
NOK0U
68NDS | FI4000011903 | Nokia Oyj | FI0009000681 | EUR | www.nokia.com |
NOK0L
8NDS | FI4000011911 | Nokia Oyj | FI0009000681 | EUR | www.nokia.com |
NOK0X
65NDS | FI4000011929 | Nokia Oyj | FI0009000681 | EUR | www.nokia.com |
NOK1C
9NDS | FI4000011937 | Nokia Oyj | FI0009000681 | EUR | www.nokia.com |
NOK1O
6NDS | FI4000011945 | Nokia Oyj | FI0009000681 | EUR | www.nokia.com |
NOK1L
11NDS | FI4000011952 | Nokia Oyj | FI0009000681 | EUR | www.nokia.com |
Table 2
Warrant
Trading code | Strike
price | Type | Multiplier | Total
number of warrants | Issue
date | Expiration
Date | Settlement
Date |
NOK0H
75NDS | 7,50 | C | 1/5 | 15 000 000 | 8.7.2010 | 20.8.2010 | 27.8.2010 |
NOK0I
76NDS | 7,60 | C | 1/5 | 15 000 000 | 8.7.2010 | 17.9.
2010 | 24.9.2010 |
NOK0U
68NDS | 6,80 | P | 1/5 | 15 000 000 | 8.7.2010 | 17.9.2010 | 24.9.2010 |
NOK0L
8NDS | 8,00 | C | 1/5 | 15 000 000 | 8.7.2010 | 17.12.2010 | 27.12.2010 |
NOK0X
65NDS | 6,50 | P | 1/5 | 15 000 000 | 8.7.2010 | 17.12.2010 | 27.12.2010 |
NOK1C
9NDS | 9,00 | C | 1/5 | 15 000 000 | 8.7.2010 | 18.3.2011 | 25.3.2011 |
NOK1O
6NDS | 6,00 | P | 1/5 | 15 000 000 | 8.7.2010 | 18.3.2011 | 25.3.2011 |
NOK1L
11NDS | 11,00 | C | 1/5 | 15 000 000 | 8.7.2010 | 16.12.2011 | 23.12.2011 |
Helsinki, 7 July 2010
NORDEA BANK AB (publ)
Juha Mikkilä
For further information, please contact Juha Mikkilä +358 9 369 50112