Definizione di Issue Price

Issue Price. EUR 10.00 Value Date (Data di Valuta): 6 June 2016 Public Offer: in Italy starting from: 3 June 2016 The Public Offer will end with the term of the Securities, expected on 18 December 2020 or – in case a base prospectus which follows the respective current base prospectus has not been published on the website xxxxx://xxxxxxxxxxxx.xxxxxxxx.xxx under the heading <<Legal Documents>> on the last day of validity of the respective current base prospectus at the latest – on the last day of the validi- ty of the respective current base prospectus according to § 9 section 1 WpPG at the latest. The end of term of the Securities is specified in chapter II. (Terms and Conditions) of the Final Terms.

Issue Price. 100% of the Aggregate Nominal Amount

Issue Price. 100% Additional Market Disruption Events: None Business Day: A day on which the Trans-European Automated Real-time Gross- settlement Express Transfer (TARGET2) System is open for business

Examples of Issue Price in a sentence

• Risks relating to the price determination of the Securities and the ef- fect of transaction costs and commissions The Issue Price (as defined in E.3) and the selling price for the Securities quoted in the secondary market may include a premium over the original mathematical value of the Securities (so-called fair value) that is not appar- ent to the investor.

• Investors must also consider that such fees are not included in the price of the Securities on the secondary market and, therefore, if the Securities are sold on the secondary market, fees embedded in the Issue Price will be deducted from the sale price.

• The Issuer may from time to time without the consent of the holders of Notes or Coupons create and issue further notes having the same terms and conditions as the Notes in all respects (or in all respects except for the Issue Price, the Issue Date and/or the first payment of interest) and so that the same shall be consolidated and form a single series with such Notes, and references in these Conditions to “Notes” shall be construed accordingly.

• Investors shall be informed of the fact that Banca Nationale Del Lavoro S.p.A (the "Distributor") will receive from the Issuer placement fees implicit in the Issue Price of the Securities equal to a maximum annual amount of 0.75% of the Issue Amount.

• The Issuer shall make available the Issue Price to the Paying Agent within ten calendar days following receipt of the Rescission Redemption Notice and of the Certificates by the Paying Agent, whichever receipt is later, whereupon the Paying Agent shall transfer the Issue Price to the account specified in the Rescission Redemption Notice.

More Definitions of Issue Price

Issue Price. 100% of EUR 1,000 Value of the bond component: 99.80% of EUR 1,000 Structuring fees: 0.20% of EUR 1,000

Issue Price within the meaning of paragraph 2 and 3 shall be deemed to be the higher of (i) the purchase price that was actually paid by the relevant Certificateholder (as declared and proved by evidence in the request for repayment of the relevant Certificateholder) and (ii) the weighted average (as determined by the Issuer in its reasonable discretion (billiges Ermessen) (§ 315 German Civil Code (BGB)) of the traded prices of the Certificates on the Payment Business Day preceding the declaration of rescission pursuant to paragraph 2. If a Market Disruption Event exists on the Payment Business Day preceding the declaration of rescission pursuant to paragraph 2, the last Payment Business Day preceding the declaration of rescission pursuant to paragraph 2 on which no Market Disruption Event existed shall be decisive for the ascertainment of price pursuant to the preceding sentence.

Issue Price. 100 per cent. of the Aggregate Principal Amount (i) Specified Denominations: EUR1,000 (ii) Calculation Amount: EUR1,000 (i) Issue Date: 29 March 2010 (ii) Interest Commencement Date: (i) In respect of the Fixed Rate Note Provisions, the Issue Date, and (ii) in respect of the Floating Rate Note Provisions, 29 March 2011

Issue Price. 100% Additional Market Disruption Events: None Business Day: A day (other than a Saturday or a Sunday) on which commercial banks and foreign exchange markets are open for general business in London, a day on which each Clearing Agent is open for business and any day on which the Trans-European Automated Real-time Gross-settlement Express Transfer (TARGET2) System is open for business Business Day Convention: Following Cash Amount: Nominal Amount x 100% Emerging Market Disruption Events: The definition in Product Condition 1 applies

Issue Price. 99.55% of USD 2,000 or USD 1991.00 Value of the bond component: 99.55% of USD 2,000 Structuring fees: 0.00% The Issuer accepts responsibility for the information contained in the Base Prospectus, as completed and/or amended by these Final Terms. To the best of the knowledge and belief of the Issuer (which has taken all reasonable care to ensure that such is the case) the information contained in this Base Prospectus is in accordance with the facts and does not omit anything likely to affect the import of such information. Material changes since the date of the Base Prospectus will trigger the need for a supplement under Article 16 of Directive 2003/71/EC which will be filed with the AFM.

Issue Price. 100 % of the Aggregate Nominal Amount Estimate of total expenses related to the issuance or the offer, including estimated expenses charged to the investor by the Issuer or the offeror:

Issue Price. 100 per cent. of the Aggregate Nominal Amount (a) Specified Denominations: Eur 1,000.00 (b) Calculation Amount: Eur 1,000.00