Nordea Bank AB (publ) will launch 20 new warrant series on April 25th
2008 under its warrant programme. The underlying assets of the
warrants are Nokia Oyj's (NOK1V) and Outokumpu Oyj's (OUT1V) 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 29 May 2007. 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 Nokia (NOK1V) and Outokumpu (OUT1V)
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 OMX Nordic Exchange Helsinki
Reference Source OMX Nordic Exchange Helsinki.
Reference price Official closing price.
determination
method
Exercise procedure The Bank carries out automatic cash settlement
Listing currency EUR
Total number of 5 000 000 - 20 000 000 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 public trading. The
undertaking is valid in the continuous trading of
the stock exchange.
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.
Additional Additional information on the company and the
information on the development of the value of the underlying asset
underlying asset is available on the website of the OMX Nordic
and underlying Exchange Helsinki:
company http://omxgroup.com/nordicexchange/ and on the
websites of the companies: www.nokia.com and
www.outokumpu.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 Additional
Trading code instrument instrument Information on the
code ISIN code underlying
8ENOKEW180 FI0009648588 Nokia Oyj FI0009000681 www.nokia.com
8ENOKEW190 FI0009648596 Nokia Oyj FI0009000681 www.nokia.com
8QNOKEW170 FI0009648604 Nokia Oyj FI0009000681 www.nokia.com
8QNO1EW180 FI0009648612 Nokia Oyj FI0009000681 www.nokia.com
8FNO1EW180 FI0009648620 Nokia Oyj FI0009000681 www.nokia.com
8FNOKEW190 FI0009648638 Nokia Oyj FI0009000681 www.nokia.com
8FNO2EW200 FI0009648646 Nokia Oyj FI0009000681 www.nokia.com
8RNOKEW170 FI0009648653 Nokia Oyj FI0009000681 www.nokia.com
8RNOKEW180 FI0009648661 Nokia Oyj FI0009000681 www.nokia.com
8GNOKEW200 FI0009648703 Nokia Oyj FI0009000681 www.nokia.com
8GNOKEW210 FI0009648711 Nokia Oyj FI0009000681 www.nokia.com
8SNOKEW160 FI0009648729 Nokia Oyj FI0009000681 www.nokia.com
8SNOKEW170 FI0009648737 Nokia Oyj FI0009000681 www.nokia.com
8HNOKEW210 FI0009648745 Nokia Oyj FI0009000681 www.nokia.com
8HNO1EW220 FI0009648752 Nokia Oyj FI0009000681 www.nokia.com
8TNOKEW160 FI0009648760 Nokia Oyj FI0009000681 www.nokia.com
8TNOKEW180 FI0009648778 Nokia Oyj FI0009000681 www.nokia.com
Outokumpu
8FOUTEW320 FI0009648786 Oyj FI0009002422 www.outokumpu.com
Outokumpu
8FOUTEW340 FI0009648794 Oyj FI0009002422 www.outokumpu.com
Outokumpu
8ROUTEW280 FI0009648802 Oyj FI0009002422 www.outokumpu.com
Table 2:
Warrant Strike Type Multiplier Total Issue date Expiration Settlement
Trading price number of Date Date
code warrants
8ENOKEW180 18 C 0.2 20,000,000 25/04/2008 16/05/2008 23/05/2008
8ENOKEW190 19 C 0.2 20,000,000 25/04/2008 16/05/2008 23/05/2008
8QNOKEW170 17 P 0.2 20,000,000 25/04/2008 16/05/2008 23/05/2008
8QNO1EW180 18 P 0.2 20,000,000 25/04/2008 16/05/2008 23/05/2008
8FNO1EW180 18 C 0.2 20,000,000 25/04/2008 19/06/2008 27/06/2008
8FNOKEW190 19 C 0.2 20,000,000 25/04/2008 19/06/2008 27/06/2008
8FNO2EW200 20 C 0.2 20,000,000 25/04/2008 19/06/2008 27/06/2008
8RNOKEW170 17 P 0.2 20,000,000 25/04/2008 19/06/2008 27/06/2008
8RNOKEW180 18 P 0.2 20,000,000 25/04/2008 19/06/2008 27/06/2008
8GNOKEW200 20 C 0.2 20,000,000 25/04/2008 18/07/2008 25/07/2008
8GNOKEW210 21 C 0.2 20,000,000 25/04/2008 18/07/2008 25/07/2008
8SNOKEW160 16 P 0.2 20,000,000 25/04/2008 18/07/2008 25/07/2008
8SNOKEW170 17 P 0.2 20,000,000 25/04/2008 18/07/2008 25/07/2008
8HNOKEW210 21 C 0.2 20,000,000 25/04/2008 15/08/2008 22/08/2008
8HNO1EW220 22 C 0.2 20,000,000 25/04/2008 15/08/2008 22/08/2008
8TNOKEW160 16 P 0.2 20,000,000 25/04/2008 15/08/2008 22/08/2008
8TNOKEW180 18 P 0.2 20,000,000 25/04/2008 15/08/2008 22/08/2008
8FOUTEW320 32 C 0.2 5,000,000 25/04/2008 19/06/2008 27/06/2008
8FOUTEW340 34 C 0.2 5,000,000 25/04/2008 19/06/2008 27/06/2008
8ROUTEW280 28 P 0.2 5,000,000 25/04/2008 19/06/2008 27/06/2008
Helsinki, April 24th 2008
NORDEA BANK AB (publ)
Petri Simberg
For further information, please contact Petri Simberg tel. +358-9-369
49337
Nordea Bank AB (publ) issues 20 new warrant series on April 25th 2008
| Source: Nordea Bank AB (publ.)