The following information is based on a press release from Nordea Bank AB (Nordea) published on March 11, 2009 and may be subject to change.
The board of Nordea has proposed that an Extra General Meeting (EGM), on March 12, 2009, approves a rights issue (11:20), whereby shareholders are entitled to eleven (11) new shares for every twenty (20) shares held. The subscription price is set at EUR 1.81. The scheduled record date is March 17, 2009.
The new ordinary shares do not entitle to the dividend of EUR 0.20 proposed to the Annual General Meeting (AGM) which will be held April 2, 2009, which is why the proposed dividend is added to the issue price in the formula for the adjustment factor.
Provided that the EGM approves the proposed rights issue, NASDAQ OMX Derivatives Markets will carry out a re-calculation of options and futures in Nordea.
For further information, please see the attached file.
