Nordea Bank AB (publ) will launch 17 new warrant series on 10
December 2008 under its warrant programme. The underlying assets of
the warrants are UPM-Kymmene Oyj (UPM1V), Stora Enso Oyj:n (STERV) ja
Nokia Oyj (NOK1V) shares. 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 2008. 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 UPM-Kymmene Oyj (UPM1V), Stora Enso Oyj (STERV)
and Nokia Oyj
(NOK1V) shares.
Cash Settlement Call Warrant:
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.
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 Price Reference Price on Closing Price Determination
Date.
Closing Price Official Closing price on Final Trading Day.
Determination Date
Market place Nasdaq OMX Helsinki Ltd
Reference Source Nasdaq OMX Helsinki Ltd
Reference price Official closing price provided by Nasdaq OMX
determination method Helsinki Ltd.
Exercise procedure The Bank carries out automatic cash settlement
Listing currency EUR
Total number of 3 000 000 - 10 000 000 depending on the warrant
warrants serie (see Table 2
below)
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
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 Additional information on the company and the
information on the development of the value
underlying asset of the underlying asset is available on the
and underlying website of the OMX Nordic
company Exchange Helsinki:
http://omxgroup.com/nordicexchange/ and on the
websites of the companies: www.upm-kymmene.com
www.storaenso.com and 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
Warrant Warrant ISIN Underlying Underlying Underlying Additional
Trading code instrument currency instrument Information
code ISIN on the
code underlying
UPM-Kymmene EUR www.upm-
9OUPMEW800 FI0009653596 Oyj FI0009005987 kymmene.com
UPM-Kymmene EUR www.upm-
9OUPMEW100 FI0009653604 Oyj FI0009005987 kymmene.com
UPM-Kymmene EUR www.upm-
9CUPMEW100 FI0009653612 Oyj FI0009005987 kymmene.com
UPM-Kymmene EUR www.upm-
9CUP1EW110 FI0009653620 Oyj FI0009005987 kymmene.com
UPM-Kymmene EUR www.upm-
9CUPMEW130 FI0009653638 Oyj FI0009005987 kymmene.com
Stora Enso EUR www.storaenso
9OSTEEW500 FI0009653646 Oyj FI0009005961 .com
Stora Enso EUR www.storaenso
9OSTEEW600 FI0009653653 Oyj FI0009005961 .com
Stora Enso EUR www.storaenso
9CSTEEW600 FI0009653661 Oyj FI0009005961 .com
Stora Enso EUR www.storaenso
9CSTEEW700 FI0009653679 Oyj FI0009005961 .com
Stora Enso EUR www.storaenso
9CSTEEW900 FI0009653687 Oyj FI0009005961 .com
9NNOKEW900 FI0009653695 Nokia Oyj EUR FI0009000681 www.nokia.com
9NNOKEW100 FI0009653703 Nokia Oyj EUR FI0009000681 www.nokia.com
9BNOKEW100 FI0009653711 Nokia Oyj EUR FI0009000681 www.nokia.com
9BNOKEW120 FI0009653729 Nokia Oyj EUR FI0009000681 www.nokia.com
9RNOKEW800 FI0009653737 Nokia Oyj EUR FI0009000681 www.nokia.com
9FNOKEW120 FI0009653745 Nokia Oyj EUR FI0009000681 www.nokia.com
9FNOKEW150 FI0009653752 Nokia Oyj EUR FI0009000681 www.nokia.com
Table 2
Warrant Strike Type Multiplier Total Issue date Expiration Settlement
Trading price number Date Date
code of
warrants
3 000
9OUPMEW800 8 P 0,2 000 10.12.2008 20.3.2009 27.3.2009
3 000
9OUPMEW100 10 P 0,2 000 10.12.2008 20.3.2009 27.3.2009
3 000
9CUPMEW100 10 C 0,2 000 10.12.2008 20.3.2009 27.3.2009
3 000
9CUP1EW110 11 C 0,2 000 10.12.2008 20.3.2009 27.3.2009
3 000
9CUPMEW130 13 C 0,2 000 10.12.2008 20.3.2009 27.3.2009
3 000
9OSTEEW500 5 P 0,2 000 10.12.2008 20.3.2009 27.3.2009
3 000
9OSTEEW600 6 P 0,2 000 10.12.2008 20.3.2009 27.3.2009
3 000
9CSTEEW600 6 C 0,2 000 10.12.2008 20.3.2009 27.3.2009
3 000
9CSTEEW700 7 C 0,2 000 10.12.2008 20.3.2009 27.3.2009
3 000
9CSTEEW900 9 C 0,2 000 10.12.2008 20.3.2009 27.3.2009
10 000
9NNOKEW900 9 P 0,2 000 10.12.2008 20.2.2009 27.2.2009
10 000
9NNOKEW100 10 P 0,2 000 10.12.2008 20.2.2009 27.2.2009
10 000
9BNOKEW100 10 C 0,2 000 10.12.2008 20.2.2009 27.2.2009
10 000
9BNOKEW120 12 C 0,2 000 10.12.2008 20.2.2009 27.2.2009
10 000
9RNOKEW800 8 P 0,2 000 10.12.2008 18.6.2009 26.6.2009
10 000
9FNOKEW120 12 C 0,2 000 10.12.2008 18.6.2009 26.6.2009
10 000
9FNOKEW150 15 C 0,2 000 10.12.2008 18.6.2009 26.6.2009
Helsinki, 9 December 2008
NORDEA BANK AB (publ)
Tommi Saarnio
For further information, please contact Tommi Saarnio, +358 9 369
49354.
Nordea Bank AB (publ) issues 17 new warrant series on 10 December 2008
| Source: Nordea Bank AB (publ.)