Express Certificate OMV Express The product related information contained herein is exclusively for information purposes only, intended for current investors or in case these products are displayed further to an individual search. The information does not constitute a recommendation or an offer to buy or an invitation to make a respective offer in relation to any of the products described herein.
chg. 1D0.000 (0.00%) Bid107.74% Ask109.24% Last updateNov 13, 2019
16:35:30.974
UTC
Underlying price (delayed) 54.06 (-0.18%) Starting value40.33 Next redemption level40.33 Max. yield p.a. until next observation date-
Name
OMV Express
ISIN / WKN
AT0000A24PP1 / RC0SSZ
Underlying
Underlying price (delayed)
EUR 54.06 (-0.18%)
Nov 13, 2019 16:35:06.000
Starting value
EUR 40.33
Barrier
EUR 24.20
Distance to barrier
55.24%
Observation barrier
Dec 15, 2023
(early) redemption level
40.33 / 40.33 / 40.33 / 40.33 / 40.33
Distance to next termination level
25.40%
(early) redemption amount
108.50% / 117.00% / 125.50% / 134.00% / 142.50%
Max. yield until next observation date
-0.68%
Max. yield p.a. until next observation date
-
Tradeable unit/nominal value
EUR 1,000
About the term
Initial valuation date
Dec 18, 2018
Issue date
Dec 19, 2018
Valuation dates
Dec 17, 2019 / Dec 17, 2020 / Dec 16, 2021 / Dec 15, 2022 / Dec 15, 2023
Final valuation date
Dec 15, 2023
Maturity date
Dec 20, 2023
Product classification
Investment Product without Capital Protection
Security type (Eusipa No.)
Express Certificate (1260)
Express Certificate Type
Express Certificate
Underlying
Country / region of underlying
Austria
Suited market expectation
sideways, bullish
Spread homogenised
0.60
Spread (in %)
1.39%
Multiplier
-
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement / Physical delivery
Taxation
Capital Gains Tax / no Foreign Capital Gains Tax
Public offer in
Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Bulgaria, Croatia, Romania, Slovenia
Listing
Vienna, Frankfurt, Stuttgart
Description

The OMV Express certificate provides the annual opportunity for early redemption and enables investors to obtain a profit of 8.5% per year (maximum 42.5%).

The certificate has a maximum term of 5 years (until December 2023). It is redeemed prior to the maturity date, if the closing price of the share of OMV AG quotes at or above the termination level (equals the starting value of 100%) at one of the annual valuation dates.

If the share closing price quotes below the termination level at the fixed annual date the term extends by another year to the next annual valuation date and the possible yield rises by 8.5%. In the fifth and final year the termination price is 142.5%. If the closing price of the share touches or undercuts the barrier of 60% at the final valuation date, the investor receives no yield and the predefined amount of OMV AG shares is delivered.

TRADING HOURS
Products on Austrian underlyings9:15 am - 5:30 pm

Products on underlyings of CEE, Eastern Europe and Turkey

 

 - Turkey, Czech Republic9:00 am - 4:00 pm
 - Russia, Croatia, Ukraine, Kazakhstan9:15 am - 4:30 pm
 - Poland, Hungary, Romania, CEE und Eastern Europe9:15 am - 4:50 pm
  
Products on other international underlyings and comm.
(incl. Germany and Switzerland)
9:00 am - 8:00 pm
INFORMATION

Monday - Friday
8:00 am to 5:30 pm


T: +43151520484
F: +431 513 43 96
E: produkte(at)rcb.at