Nordea Bank AB (publ) issues 15 new warrant series on 6 June 2011

03.06.11 11:00 | Pörssitiedotteet

Nordea Bank AB (publ) will issue 15 new warrant series on 6 June 2011 under its warrant programme. The underlying asset of the warrants is Nokia Oyj (NOK1V). 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 The following terms only summarize the final terms and the base prospectus.

IssuerNordea Bank AB (publ)
Instrument nameWarrant (call/put)
Underlying assetNokia Oyj (NOK1V)
Cash Settlement AmountCall 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 warrants15 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 asset is available on the website of the OMX Nordic Exchange Helsinki: on the websites of the companies:
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
Warrant ISIN codeUnderlying
instrument ISIN
Additional Information
on the
NOK1R  44NDSFI4000023304Nokia
NOK1F  44NDSFI4000023312Nokia
NOK1G  46NDSFI4000023320Nokia
NOK1T  42NDSFI4000023338Nokia
NOK1H  42NDSFI4000023346Nokia
NOK1H  48NDSFI4000023353Nokia
NOK1I   5NDSFI4000023361Nokia
NOK1V   4NDSFI4000023379Nokia
NOK1J  44NDSFI4000023387Nokia
NOK1J  48NDSFI4000023395Nokia
NOK1X  38NDSFI4000023403Nokia
NOK1L   4NDSFI4000023411Nokia
NOK2C  52NDSFI4000025069Nokia
NOK2L   5NDSFI4000025077Nokia
NOK3L   6NDSFI4000025085Nokia


Table 2

Warrant Trading codeStrike
number of
Issue dateExpiration
NOK1R  44NDS4,40P   1/5 15 000 0006.6.201117.6.201127.6.2011
NOK1F  44NDS4,40C   1/5 15 000 0006.6.201117.6.201127.6.2011
NOK1G  46NDS4,60C   1/5 15 000 0006.6.201115.7.201122.7.2011
NOK1T  42NDS4,20P   1/5 15 000 0006.6.201119.8.201126.8.2011
NOK1H  42NDS4,20C   1/5 15 000 0006.6.201119.8.201126.8.2011
NOK1H  48NDS4,80C   1/5 15 000 0006.6.201119.8.201126.8.2011
NOK1I   5NDS5,00C   1/5 15 000 0006.6.201116.9.201123.9.2011
NOK1V   4NDS4,00P   1/5 15 000 0006.6.201121.10.201128.10.2011
NOK1J  44NDS4,40C   1/5 15 000 0006.6.201121.10.201128.10.2011
NOK1J  48NDS4,80C   1/5 15 000 0006.6.201121.10.201128.10.2011
NOK1X  38NDS3,80P   1/5 15 000 0006.6.201116.12.201123.12.2011
NOK1L   4NDS4,00C   1/5 15 000 0006.6.201116.12.201123.12.2011
NOK2C  52NDS5,20C   1/5 15 000 0006.6.201116.3.201223.3.2012
NOK2L   5NDS5,00C   1/5 15 000 0006.6.201121.12.20124.1.2013
NOK3L   6NDS6,00C   1/5 15 000 0006.6.201120.12.20133.1.2014


Helsinki, 03 June 2011


Juha Mikkilä     

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