Nordea Bank AB (publ) will launch 3 new warrant series on 22 November
2007 under its warrant programme. The underlying asset of the
warrants is Nokia share (NOK1V). The warrants are call and put Turbo
Warrants. In all warrants one (1) warrant refers to one (1)
underlying share. 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 Turbo Warrants are issued under the warrant programme of Nordea
Bank AB (publ) dated 29 May 2007. 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. 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 Nokia (NOK1V)
Barrier Reference Most recent transaction prices during continuous
Price 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 Where the Barrier Reference Price on a trading
amount day on the Reference Source is equal to or lower
than the Barrier Level (Turbo Call Warrant) or
equal to or higher than the Barrier Level (Turbo
Put Warrant), the Turbo Warrant becomes
worthless and no Cash Settlement Amount is paid
out.
In other cases:
Turbo Call Warrant: (Closing Price - Strike
Price) x Multiplier
Turbo Put Warrant: (Strike Price - Closing
Price) x Multiplier
Closing Price Reference Price on Closing Price Determination
Date.
Closing Price The earlier of Closing date in Table 2 or for:
Determination Date
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 and OMX Nordic Exchange Helsinki
Reference Source
Reference price Official closing
determination method
Exercise procedure The Bank carries out automatic cash settlement
Listing currency EUR
Total number of 50.000.000 warrants per warrant serie
warrants
Trading lot 1000 warrants
Market maker Nordea Bank Finland Plc
Nordea Bank Finland Plc undertakes to provide
bid and ask quotation for the warrants during
the time the warrant is subject to public
trading. The undertaking is valid in the
continuous trading of the stock exchange.
Quotations concern a minimum of one thousand
warrants. 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
No bid quotation is given for warrants the
market value of which is less than one (1) cent.
The market maker reserves right for temporary
disruptions in market making undertaking when
hedging its own position or during a technical
error. If the disruption will be prolonged, the
market maker will inform about this in the
market place.
The market maker is entitled to define the
values of the parameters affecting the market
making quotation.
Nordea Bank Finland Plc is not liable to
maintain the market making undertaking if
trading with the underlying shares has ceased.
Additional Additional information on the company and the
information on the development of the value of the underlying
underlying asset and company is available on the website of the OMX
underlying company Nordic Exchange Helsinki:
http://omxgroup.com/nordicexchange/ and on the
website of the underlying 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:
Table 1:
Turbo Turbo Warrant Underlying Underlying Additional
Warrant ISIN code instrument instrument Information
Trading code ISIN code on the company
8ANOKEW24T FI0009643613 Nokia Oyj FI0009000681 www.nokia.com
8ANO2EW25T FI0009643621 Nokia Oyj FI0009000681 www.nokia.com
8MNOKEW32T FI0009643639 Nokia Oyj FI0009000681 www.nokia.com
Table 2:
Turbo
Warrant
Trading Strike Barrier Closing Settlement
code price level Type Multiplier Issue date date Date
8ANOKEW24T 24 24 C 1 22.11.2007 18.1.2008 30.1.2008
8ANO2EW25T 25 25 C 1 22.11.2007 18.1.2008 30.1.2008
8MNOKEW32T 32 32 P 1 22.11.2007 18.1.2008 30.1.2008
Helsinki, 20 November 2007
NORDEA BANK AB (publ)
Tommi Saarnio
For further information, please contact Tommi Saarnio tel. +358-9-369
49354.
Nordea Bank AB (publ) issues 3 new warrant series on 22 November 2007
| Source: Nordea Bank AB (publ.)