Nordea Bank AB (publ) will launch 8 new turbo warrant series on 12 May 2010
under its warrant programme. The underlying asset of the turbo warrants are
Sampo Oyj (SAMAS) and UPM-Kymmene Oyj (UPM1V) shares and 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 2009. The base prospectus for the warrant programme and
the final terms for each turbo warrant serie are available at the issuer's
website: www.nordea.fi/warrantit <http://www.nordea.fi/warrantit>. The following
terms only summarize the final terms and the base prospectus.
+-----------------------------------+------------------------------------------+
|Issuer |Nordea Bank AB (publ) |
+-----------------------------------+------------------------------------------+
|Instrument name |Turbo Warrant (call / put) |
+-----------------------------------+------------------------------------------+
|Underlying asset |Sampo Oyj (SAMAS) and UPM-Kymmene Oyj |
| |shares and 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 Price |Reference 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 / |The earlier of Expiration Date in Final |
|Final trading day |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 place |Nasdaq OMX Helsinki Ltd |
+-----------------------------------+------------------------------------------+
|Reference Source |In case of Share: |
| |Nasdaq OMX Helsinki Ltd |
| | |
| |In case of Index: |
| |EUREX |
+-----------------------------------+------------------------------------------+
|Reference price determination |Closing Price on Closing Price |
|method |Determination Date |
+-----------------------------------+------------------------------------------+
|Exercise procedure |The Bank carries out automatic cash |
| |settlement |
+-----------------------------------+------------------------------------------+
|Listing currency |EUR |
+-----------------------------------+------------------------------------------+
|Trading lot |1 warrant |
+-----------------------------------+------------------------------------------+
|Total number of warrants |1 000 000 |
+-----------------------------------+------------------------------------------+
|Market maker |Nordea 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 |Additional information on the company and |
|underlying asset and underlying |the development of the value of the |
|company |underlying company is available on the |
| |website of the OMX Nordic Exchange |
| |Helsinki: |
| |http://omxgroup.com/nordicexchange/ and on|
| |the websites of the underlying companies: |
| |www.sampo.fi <http://www.sampo.fi/>, |
| |www.upm-kymmene.com |
| |<http://www.upm-kymmene.com/> and |
| |www.deutsche-boerse.com |
| |<http://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 Warrant Underlying Additional
Trading ISIN Underlying instrument Underlying Information
code code instrument ISIN Currency on the
code underlying
TDAX0F5600NDS FI4000011358 DAX DE0008469008 EUR www.deutsche-
boerse.com
TDAX0F5700NDS1 FI4000011366 DAX DE0008469008 EUR www.deutsche-
boerse.com
TDAX0F5800NDS FI4000011374 DAX DE0008469008 EUR www.deutsche-
boerse.com
TDAX0R6100NDS FI4000011382 DAX DE0008469008 EUR www.deutsche-
boerse.com
TDAX0R6300NDS1 FI4000011390 DAX DE0008469008 EUR www.deutsche-
boerse.com
TSAM0I 15NDS FI4000011408 Sampo Oyj FI0009003305 EUR www.sampo.fi
TSAM0I 162NDS FI4000011416 Sampo Oyj FI0009003305 EUR www.sampo.fi
TUPM0I 85NDS FI4000011424 UPM-Kymmene FI0009005987 EUR www.upm-
Oyj kymmene.com
Table 2
Warrant Total Expira- Settle-
Trading Strike Barrier Type Multi- number Issue tion ment
code price level plier of date Date Date
warrants
TDAX0F5600NDS 5 600,00 5 625,00 C 1/150 1 000 000 12.5.2010 18.6. 28.6.
2010 2010
TDAX0F5700NDS1 5 700,00 5 725,00 C 1/150 1 000 000 12.5.2010 18.6. 28.6.
2010 2010
TDAX0F5800NDS 5 800,00 5 825,00 C 1/150 1 000 000 12.5.2010 18.6. 28.6.
2010 2010
TDAX0R6100NDS 6 100,00 6 075,00 P 1/150 1 000 000 12.5.2010 18.6. 28.6.
2010 2010
TDAX0R6300NDS1 6 300,00 6 275,00 P 1/150 1 000 000 12.5.2010 18.6. 28.6.
2010 2010
TSAM0I 15NDS 15,00 15,40 C 1 1 000 000 12.5.2010 17.9. 24.9.
2010 2010
TSAM0I 162NDS 16,20 16,60 C 1 1 000 000 12.5.2010 17.9. 24.9.
2010 2010
TUPM0I 85NDS 8,50 8,90 C 1 1 000 000 12.5.2010 17.9. 24.9.
2010 2010
Helsinki, 11 May 2010
NORDEA BANK AB (publ)
Tommi Saarnio
For further information, please contact Tommi Saarnio tel. +358-9-369 49354.
[HUG#1414482]
Nordea Bank AB (publ) issues 8 new turbo warrant series on 12 May 2010
| Source: Nordea Bank AB (publ.)