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.
Issue price100.00% Redemption price108.50% Issue dateDec 19, 2018 Maturity dateDec 20, 2023
Name
OMV Express
ISIN / WKN
AT0000A24PP1 / RC0SSZ
Underlying
Capital protection amount
-
Participation factor
-
Cap
unlimited
Coupon p.a. in %
-
Underlying price
EUR 44.52 (+2.02%)
Apr 30, 2024 15:30:00.000
Starting value
EUR 40.33
Strike
EUR 40.33
Denomination / nominal
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 Nr.)
Express Certificate (1260)
Express Certificate Type
Express Certificate
Underlying
Country / region of underlying
Austria
Suited market expectation
sideways, bullish
Spread homogenised
-
Spread in %
-
Multiplier
-
Product currency
EUR
Underlying currency
EUR
Settlement method
Cash settlement / Physical delivery
Tax treatment
Capital Gains Tax / No EU Withholding Tax
Public offer in
-
Listing
Vienna, Frankfurt, Stuttgart
Comments

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.