Nordea Bank AB (publ) will launch 8 new warrant series on 28 February 2011 under its warrant programme. The underlying asset of the warrant is Nokia Oyj (NOK1V) share. 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 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.
|Issuer||Nordea Bank AB (publ)|
|Instrument name||Warrant (call/put)|
|Underlying asset||Nokia Oyj (NOK1V) share|
|Cash Settlement Amount
(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.
|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|
|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 website of the company: www.nokia.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:
|Warrant Trading code||Warrant ISIN code||Underlying instrument||Underlying instrument ISIN code||Underlying Currency||Additional Information on the underlying|
|NOK1C 62NDS||FI4000021324||Nokia Oyj||FI0009000681||EUR||www.nokia.com|
|NOK1D 64NDS||FI4000021332||Nokia Oyj||FI0009000681||EUR||www.nokia.com|
|NOK1Q 58NDS||FI4000021340||Nokia Oyj||FI0009000681||EUR||www.nokia.com|
|NOK1E 66NDS||FI4000021357||Nokia Oyj||FI0009000681||EUR||www.nokia.com|
|NOK1F 68NDS||FI4000021365||Nokia Oyj||FI0009000681||EUR||www.nokia.com|
|NOK1L 7NDS||FI4000021373||Nokia Oyj||FI0009000681||EUR||www.nokia.com|
|NOK2L 75NDS||FI4000021381||Nokia Oyj||FI0009000681||EUR||www.nokia.com|
|NOK3L 8NDS||FI4000021399||Nokia Oyj||FI0009000681||EUR||www.nokia.com|
|Warrant Trading code||Strike price||Type||Multiplier||Total number of warrants||Issue date||Expiration Date||Settlement Date|
|NOK1C 62NDS||6,20||C||1/5||15 000 000||28.2.2011||18.3.
|NOK1D 64NDS||6,40||C||1/5||15 000 000||28.2.2011||15.4.2011||26.4.2011|
|NOK1Q 58NDS||5,80||P||1/5||15 000 000||28.2.2011||20.5.2011||27.5.2011|
|NOK1E 66NDS||6,60||C||1/5||15 000 000||28.2.2011||20.5.2011||27.5.2011|
|NOK1F 68NDS||6,80||C||1/5||15 000 000||28.2.2011||17.6.2011||27.6.2011|
|NOK1L 7NDS||7,00||C||1/5||15 000 000||28.2.2011||16.12.2011||23.12.2011|
|NOK2L 75NDS||7,50||C||1/5||15 000 000||28.2.2011||21.12.2012||4.1.2013|
|NOK3L 8NDS||8,00||C||1/5||15 000 000||28.2.2011||20.12.2013||3.1.2014|
Helsinki, 25 February 2011
NORDEA BANK AB (publ)
For further information, please contact Juha Mikkilä tel. +358-9-369 49354.