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Call Warrant on Petroplus - UBS KeyInvest

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<str<strong>on</strong>g>Call</str<strong>on</strong>g> <str<strong>on</strong>g>Warrant</str<strong>on</strong>g> <strong>on</strong> <strong>Petroplus</strong><br />

<str<strong>on</strong>g>Warrant</str<strong>on</strong>g> (SVSP Product Type: 110)<br />

Valor: 10045936<br />

Underlying Informati<strong>on</strong><br />

Underlying / Company<br />

<strong>Petroplus</strong> Holdings AG<br />

Bloomberg: PPHN VX / Valor: 2775224<br />

<strong>Petroplus</strong> adjusted for Rights Issue as of 14 September 2009.<br />

Product Details<br />

Security No. / Codes<br />

SIX Symbol<br />

Issue Size<br />

Settlement Currency<br />

Issue Price<br />

Type of Product<br />

Opti<strong>on</strong> Style<br />

Dates<br />

Launch Date<br />

Pricing Date ("Pricing")<br />

First SIX Trading Date (anticipated)<br />

Payment Date (Issue Date)<br />

Exercise Period<br />

Last Trading Day and Trading<br />

Expirati<strong>on</strong> Time<br />

Expirati<strong>on</strong> Date ("Expiry")<br />

Valuati<strong>on</strong> Time<br />

Redempti<strong>on</strong> Date<br />

Redempti<strong>on</strong><br />

Redempti<strong>on</strong> / Delivery<br />

Product Descripti<strong>on</strong><br />

Leverage<br />

C<strong>on</strong>tact:<br />

Instituti<strong>on</strong>al Investors:<br />

Private Investors:<br />

Initial Underlying Level<br />

CHF 15.92<br />

Valor: 10045936 / ISIN: CH0100459368<br />

PPHSU<br />

48,000,000 Units (with reopening clause)<br />

CHF<br />

CHF 0.21<br />

<str<strong>on</strong>g>Call</str<strong>on</strong>g><br />

<strong>UBS</strong> AG, P.O. Box, 8098 Zürich<br />

+41-44-239 68 00*<br />

derivatives@ubs.com<br />

American<br />

18 March 2009<br />

18 March 2009<br />

24 March 2009<br />

25 March 2009<br />

Strike Level / Strike Price<br />

26 March 2009 to 21 December 2012, 12:00 CET<br />

21 December 2012, 12:00 CET<br />

CHF 13.84<br />

21 December 2012 (subject to Market Disrupti<strong>on</strong> Event provisi<strong>on</strong>s)<br />

Official market close <strong>on</strong> the Related Exchange<br />

28 December 2012 (subject to Market Disrupti<strong>on</strong> Event provisi<strong>on</strong>s)<br />

C<strong>on</strong>versi<strong>on</strong> Ratio / Lot<br />

40:1.0835<br />

Up<strong>on</strong> exercise the Investor is entitled to receive the Underlying against payment of the<br />

Strike Price, taking into account the C<strong>on</strong>versi<strong>on</strong> Ratio.<br />

This Product is for Investors with a high level of risk tolerance who want to invest a small<br />

amount but still remain flexible in either benefiting from trends or hedging portfolios<br />

against price fluctuati<strong>on</strong>s.<br />

Yield potential is disproporti<strong>on</strong>ately higher than with a direct investment in the<br />

corresp<strong>on</strong>ding Underlying. Depending <strong>on</strong> the Product, Investors can benefit from rising<br />

(call/bull certificates) or falling (put/bear certificates) markets.<br />

Internet: www.ubs.com/keyinvest<br />

Please note that calls made to the numbers marked with an asterisk (*) may be recorded. Should you call <strong>on</strong>e of these numbers, we shall assume that you c<strong>on</strong>sent to this business practice.<br />

<strong>UBS</strong> Investment Bank is a business divisi<strong>on</strong> of <strong>UBS</strong> AG<br />

Final Terms


<str<strong>on</strong>g>Call</str<strong>on</strong>g> <str<strong>on</strong>g>Warrant</str<strong>on</strong>g> <strong>on</strong> <strong>Petroplus</strong><br />

<str<strong>on</strong>g>Warrant</str<strong>on</strong>g> (SVSP Product Type: 110)<br />

Valor: 10045936<br />

Risk Loss<br />

The Investor must be aware that he can lose the entire amount which he has invested in<br />

the <str<strong>on</strong>g>Warrant</str<strong>on</strong>g>s described herein. More detailed Loss Risk informati<strong>on</strong> is in the Registrati<strong>on</strong><br />

Document.<br />

The terms of the Product may be subject to adjustments during its lifetime. Detailed informati<strong>on</strong> <strong>on</strong> such adjustments is to be<br />

found in the Registrati<strong>on</strong> Document for the Issuance of Standard <str<strong>on</strong>g>Warrant</str<strong>on</strong>g>s.<br />

General Informati<strong>on</strong><br />

Issuer<br />

Issuer Rating<br />

Lead Manager<br />

Calculati<strong>on</strong> Agent<br />

Paying Agent<br />

Closing Level<br />

Related Exchange<br />

Listing<br />

Sec<strong>on</strong>dary Market<br />

Minimum Investment<br />

Minimum Trading Size<br />

Minimum Exercise<br />

Clearing<br />

Form of Deed<br />

Law / Jurisdicti<strong>on</strong><br />

Tax Treatment<br />

Swiss Federal Stamp Duty<br />

Swiss Federal Income Tax<br />

Swiss Withholding Tax<br />

<strong>UBS</strong> AG, Zurich<br />

Aa2 Moody's (under review for possible downgrade) / A+ S&P's / A+ Fitch<br />

<strong>UBS</strong> AG, Zurich (<strong>UBS</strong> Investment Bank)<br />

<strong>UBS</strong> AG, Zurich<br />

<strong>UBS</strong> AG, Zurich<br />

Official market value of the Underlying <strong>on</strong> the Related Exchange <strong>on</strong> the Valuati<strong>on</strong> Time<br />

<strong>on</strong> the Expirati<strong>on</strong> Date, as reas<strong>on</strong>ably determined by the Calculati<strong>on</strong> Agent<br />

SIX Swiss Exchange<br />

SIX Swiss Exchange, will be applied for<br />

Daily price indicati<strong>on</strong>s will be available <strong>on</strong> Reuters/Bloomberg; www.ubs.com/keyinvest<br />

from 09:15 - 17:15 (CET)<br />

1 <str<strong>on</strong>g>Warrant</str<strong>on</strong>g>(s)<br />

1 <str<strong>on</strong>g>Warrant</str<strong>on</strong>g>(s)<br />

40 <str<strong>on</strong>g>Warrant</str<strong>on</strong>g>(s); <str<strong>on</strong>g>Warrant</str<strong>on</strong>g>s may <strong>on</strong>ly be exercised in integral multiples of 40.<br />

SIX SIS, Euroclear, Clearstream (booked at SIX SIS AG)<br />

Book-entry Security<br />

Swiss / Zurich<br />

Sec<strong>on</strong>dary market transacti<strong>on</strong>s are not subject to Swiss Stamp Duty.<br />

If shares are delivered to the Investor due to an exercise, the delivery of the shares is in<br />

principle subject to the Swiss stamp duty.<br />

The transacti<strong>on</strong> is subject to neither Swiss federal nor cant<strong>on</strong>al and communal income<br />

tax.<br />

The product is not subject to the Swiss Withholding Tax.<br />

Additi<strong>on</strong>ally, any delivery of underlying might be subject to fees and/or n<strong>on</strong>-Swiss stamp duty.<br />

The tax informati<strong>on</strong> <strong>on</strong>ly provides a general overview of the potential tax c<strong>on</strong>sequences linked to this Product at the time of<br />

issue. Tax laws and tax doctrine may change, possibly with retroactive effect.<br />

Product Documentati<strong>on</strong><br />

These Final Terms together with the 'Registrati<strong>on</strong> Document for the Issuance of Standard <str<strong>on</strong>g>Warrant</str<strong>on</strong>g>s', as amended from time to time ("Registrati<strong>on</strong> Document") shall<br />

form the prospectus for this Security ("Prospectus"), and accordingly these Final Terms should always be read together with the Registrati<strong>on</strong> Document. Definiti<strong>on</strong>s<br />

used in these Final Terms but not defined therein shall have the meaning given to them in the Registrati<strong>on</strong> Document.<br />

C<strong>on</strong>tact:<br />

Instituti<strong>on</strong>al Investors:<br />

Private Investors:<br />

<strong>UBS</strong> AG, P.O. Box, 8098 Zürich<br />

+41-44-239 68 00*<br />

derivatives@ubs.com<br />

Internet: www.ubs.com/keyinvest<br />

Please note that calls made to the numbers marked with an asterisk (*) may be recorded. Should you call <strong>on</strong>e of these numbers, we shall assume that you c<strong>on</strong>sent to this business practice.<br />

<strong>UBS</strong> Investment Bank is a business divisi<strong>on</strong> of <strong>UBS</strong> AG<br />

Final Terms


<str<strong>on</strong>g>Call</str<strong>on</strong>g> <str<strong>on</strong>g>Warrant</str<strong>on</strong>g> <strong>on</strong> <strong>Petroplus</strong><br />

<str<strong>on</strong>g>Warrant</str<strong>on</strong>g> (SVSP Product Type: 110)<br />

Valor: 10045936<br />

During the whole term of this Product, the Product Documentati<strong>on</strong> can be ordered free of charge from the Lead Manager at P.O. Box, CH-8098 Zurich (Switzerland),<br />

via teleph<strong>on</strong>e (+41-(0)44-239 47 03), fax (+41-(0)44-239 69 14) or via e-mail (swiss-prospectus@ubs.com). In additi<strong>on</strong>, the Prospectus is available <strong>on</strong> the internet at<br />

www.ubs.com/keyinvest.<br />

Notices in c<strong>on</strong>necti<strong>on</strong> with this Product shall be validly given by publicati<strong>on</strong> in electr<strong>on</strong>ic media such as Reuters and/or Investdata. In additi<strong>on</strong>, any changes with<br />

regard to the terms of this Product shall be published <strong>on</strong> the internet at www.ubs.com/keyinvest.<br />

Additi<strong>on</strong>al Informati<strong>on</strong> / Disclaimers<br />

Classificati<strong>on</strong><br />

This Product does not represent a participati<strong>on</strong> in any of the collective investment schemes pursuant to Art. 7 ss of the Swiss Federal Act <strong>on</strong> Collective Investment<br />

Schemes (CISA) and thus does not require an authorisati<strong>on</strong> of the Swiss Financial Market Supervisory Authority (FINMA). Therefore, investors in this Product are not<br />

eligible for the specific investor protecti<strong>on</strong> under the CISA.<br />

Prudential Supervisi<strong>on</strong><br />

<strong>UBS</strong> AG is regulated and supervised by the Swiss Financial Market Supervisory Authority (FINMA). In additi<strong>on</strong>, its L<strong>on</strong>d<strong>on</strong> Branch is regulated and supervised by the<br />

Financial Services Authority (FSA) and its Jersey Branch by the Jersey Financial Services Commissi<strong>on</strong> (JFSC).<br />

Risk Factors relating to the Issuer<br />

In additi<strong>on</strong> to the market risk with regard to the development of the Underlying, each Investor bears the general risk that the financial situati<strong>on</strong> of the Issuer could<br />

deteriorate. The Products c<strong>on</strong>stitute immediate, unsecured and unsubordinated obligati<strong>on</strong>s of the Issuer, which, particularly in case of insolvency of the Issuer, rank<br />

pari passu with each and all other current and future unsecured and unsubordinated obligati<strong>on</strong>s of the Issuer, with the excepti<strong>on</strong> of those that have priority due to<br />

mandatory statutory provisi<strong>on</strong>s. The general assessment of the Issuer’s creditworthiness may affect the value of the Products. This assessment generally depends <strong>on</strong><br />

the ratings assigned to the Issuer or its affiliated companies by rating agencies such as Moody’s, Fitch and Standard & Poor’s.<br />

Important Informati<strong>on</strong><br />

This informati<strong>on</strong> is communicated by <strong>UBS</strong> AG and/or its affiliates ("<strong>UBS</strong>"). <strong>UBS</strong> may from time to time, as principal or agent, have positi<strong>on</strong>s in, or may buy or sell, or<br />

make a market in any securities, currencies, financial instruments or other assets underlying the transacti<strong>on</strong> to which this document relates. <strong>UBS</strong> may provide investment<br />

banking and other services to and/or have officers who serve as directors of the companies referred to in this document. <strong>UBS</strong>' trading and/or hedging activities related<br />

to this transacti<strong>on</strong> may have an impact <strong>on</strong> the price of the underlying asset and may affect the likelihood that any relevant barrier is crossed. <strong>UBS</strong> has policies and<br />

procedures designed to minimise the risk that officers and employees are influenced by any c<strong>on</strong>flicting interest or duty and that c<strong>on</strong>fidential informati<strong>on</strong> is improperly<br />

disclosed or made available.<br />

In certain circumstances <strong>UBS</strong> sells this Product to dealers and other financial instituti<strong>on</strong>s at a discount to the issue price or rebates to them for their account some<br />

proporti<strong>on</strong> of the issue price. Further informati<strong>on</strong> is available <strong>on</strong> request.<br />

Structured transacti<strong>on</strong>s are complex and may involve a high risk of loss. Prior to entering into a transacti<strong>on</strong> you should c<strong>on</strong>sult with your own legal, regulatory, tax,<br />

financial and accounting advisors to the extent you c<strong>on</strong>sider it necessary, and make your own investment, hedging and trading decisi<strong>on</strong>s (including decisi<strong>on</strong>s regarding<br />

the suitability of this transacti<strong>on</strong>) based up<strong>on</strong> your own judgement and advice from those advisers you c<strong>on</strong>sider necessary. Save as otherwise expressly agreed in<br />

writing, <strong>UBS</strong> is not acting as your financial adviser or fiduciary in any transacti<strong>on</strong>.<br />

This document should not be c<strong>on</strong>strued as an offer, pers<strong>on</strong>al recommendati<strong>on</strong> or solicitati<strong>on</strong> to c<strong>on</strong>clude a transacti<strong>on</strong> and should not be treated as giving investment<br />

advice.<br />

<strong>UBS</strong> makes no representati<strong>on</strong> or warranty relating to any informati<strong>on</strong> herein which is derived from independent sources. This document shall not be copied or<br />

reproduced without <strong>UBS</strong>' prior written permissi<strong>on</strong>.<br />

No acti<strong>on</strong> has been or will be taken in any jurisdicti<strong>on</strong> that would permit a public offering of the Products described herein, save where explicitly stated in the Product<br />

Documentati<strong>on</strong>. The Products must be sold in accordance with all applicable selling restricti<strong>on</strong>s in the jurisdicti<strong>on</strong>s in which they are sold.<br />

There is a possibility that costs, including taxes, related to transacti<strong>on</strong>s in c<strong>on</strong>necti<strong>on</strong> with this Product may arise for the Investor that are not paid by <strong>UBS</strong> or imposed<br />

by it.<br />

Sec<strong>on</strong>dary Market<br />

The Issuer or the Lead Manager, as applicable, intends, under normal market c<strong>on</strong>diti<strong>on</strong>s, to provide bid and offer prices for this Product <strong>on</strong> a regular basis. However,<br />

the Issuer or the Lead Manager, as applicable, makes no firm commitment to provide liquidity by means of bid and offer prices for this Product, and assumes no legal<br />

C<strong>on</strong>tact:<br />

Instituti<strong>on</strong>al Investors:<br />

Private Investors:<br />

<strong>UBS</strong> AG, P.O. Box, 8098 Zürich<br />

+41-44-239 68 00*<br />

derivatives@ubs.com<br />

Internet: www.ubs.com/keyinvest<br />

Please note that calls made to the numbers marked with an asterisk (*) may be recorded. Should you call <strong>on</strong>e of these numbers, we shall assume that you c<strong>on</strong>sent to this business practice.<br />

<strong>UBS</strong> Investment Bank is a business divisi<strong>on</strong> of <strong>UBS</strong> AG<br />

Final Terms


<str<strong>on</strong>g>Call</str<strong>on</strong>g> <str<strong>on</strong>g>Warrant</str<strong>on</strong>g> <strong>on</strong> <strong>Petroplus</strong><br />

<str<strong>on</strong>g>Warrant</str<strong>on</strong>g> (SVSP Product Type: 110)<br />

Valor: 10045936<br />

obligati<strong>on</strong> to quote any such prices or with respect to the level or determinati<strong>on</strong> of such prices. Potential Investors therefore should not rely <strong>on</strong> the ability to sell this<br />

Product at a specific time or at a specific price.<br />

In special market situati<strong>on</strong>s, where the Issuer is completely unable to enter into hedging transacti<strong>on</strong>s, or where such transacti<strong>on</strong>s are very difficult to enter into, the<br />

spread between the bid and offer prices may be temporarily expanded, in order to limit the ec<strong>on</strong>omic risks of the Issuer.<br />

Selling Restricti<strong>on</strong>s<br />

Any Products purchased by any pers<strong>on</strong> for resale may not be offered in any jurisdicti<strong>on</strong> in circumstances which would result in the Issuer being obliged<br />

to register any further documentati<strong>on</strong> relating to this Product in such jurisdicti<strong>on</strong>.<br />

The restricti<strong>on</strong>s listed below must not be taken as definitive guidance as to whether this Product can be sold in a jurisdicti<strong>on</strong>. Additi<strong>on</strong>al restricti<strong>on</strong>s<br />

<strong>on</strong> offering, selling or holding of this Product may apply in other jurisdicti<strong>on</strong>s. Investors in this Product should seek specific advice before <strong>on</strong>-selling<br />

this Product.<br />

Europe - For EEA jurisdicti<strong>on</strong>s (EU member states plus Norway, Iceland and Liechtenstein) that have implemented the EU Prospectus Directive (“EU-PD”), the Product<br />

Documentati<strong>on</strong> for this Product DO NOT QUALIFY as a prospectus published in accordance with the requirements of the EU-PD. Unless and until a prospectus has<br />

been published in accordance with the requirements of the EU-PD, this Product may not be offered or sold in EEA jurisdicti<strong>on</strong>s that have implemented the EU-PD<br />

other than 1) in minimum denominati<strong>on</strong>s of, or total c<strong>on</strong>siderati<strong>on</strong> per Investor of at least, EUR 50,000 (or equivalent in other currencies) or 2) <strong>on</strong>ly to Qualified<br />

Investors; and/or (aggregated for all distributors) to less than 100 offerees that are not Qualified Investors per EEA jurisdicti<strong>on</strong>. A "Qualified Investor" is a legal entity<br />

that (i) is authorised or regulated to operate in the financial markets or has the sole purpose to invest in securities; or (ii) meets two of the following three criteria (as<br />

shown in its last annual or c<strong>on</strong>solidated accounts): (a) an average number of at least 250 employees during the last financial year; (b) a total balance sheet of more<br />

than EUR 43,000,000; and (c) an annual net turnover of more than EUR 50,000,000.<br />

For EEA jurisdicti<strong>on</strong>s that have not implemented the EU-PD, sales must be in compliance with the law of that jurisdicti<strong>on</strong>.<br />

H<strong>on</strong>g K<strong>on</strong>g - This product may not be offered or sold in H<strong>on</strong>g K<strong>on</strong>g.<br />

Singapore - This document has not been registered as a prospectus with the M<strong>on</strong>etary Authority of Singapore. Accordingly, this document and any other document<br />

or material in c<strong>on</strong>necti<strong>on</strong> with the offer or sale, or invitati<strong>on</strong> for subscripti<strong>on</strong> or purchase, of this Product may not be circulated or distributed, nor may this Product<br />

be offered or sold, or be made the subject of an invitati<strong>on</strong> for subscripti<strong>on</strong> or purchase, whether directly or indirectly, to pers<strong>on</strong>s in Singapore other than (i) to an<br />

instituti<strong>on</strong>al investor under Secti<strong>on</strong> 274 of the Securities and Futures Act (Cap. 289) of Singapore ("SFA"), (ii) to a relevant pers<strong>on</strong>, or any pers<strong>on</strong> pursuant to Secti<strong>on</strong><br />

275(1A) of the SFA, and in accordance with the c<strong>on</strong>diti<strong>on</strong>s, specified in Secti<strong>on</strong> 275 of the SFA or (iii) otherwise pursuant to, and in accordance with the c<strong>on</strong>diti<strong>on</strong>s<br />

of, any other applicable provisi<strong>on</strong> of the SFA.<br />

Where this Product is subscribed or purchased under Secti<strong>on</strong> 275 of the SFA by a relevant pers<strong>on</strong> which is:<br />

(a) a corporati<strong>on</strong> (which is not an accredited investor) the sole business of which is to hold investments and the entire share capital of which is owned by <strong>on</strong>e or more<br />

individuals, each of whom is an accredited investor; or<br />

(b) a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary is an accredited investor,<br />

the shares, debentures and units of shares and debentures of that corporati<strong>on</strong> or the beneficiaries' rights and interest in that trust shall not be transferable for six<br />

m<strong>on</strong>ths after that corporati<strong>on</strong> or that trust has acquired the securities under Secti<strong>on</strong> 275 of the SFA except:<br />

(1) to an instituti<strong>on</strong>al investor (for corporati<strong>on</strong>s, under Secti<strong>on</strong> 274 of the SFA) or to a relevant pers<strong>on</strong>, or to any pers<strong>on</strong> pursuant to an offer that is made <strong>on</strong> terms<br />

that such shares, debentures and units of shares and debentures of that corporati<strong>on</strong> or such rights and interest in that trust are acquired at a c<strong>on</strong>siderati<strong>on</strong> of not<br />

less than S$200,000 (or its equivalent in a foreign currency) for each transacti<strong>on</strong>, whether such amount is to be paid for in cash or by exchange of securities or other<br />

assets, and further for corporati<strong>on</strong>s, in accordance with the c<strong>on</strong>diti<strong>on</strong>s specified in Secti<strong>on</strong> 275 of the SFA;<br />

(2) where no c<strong>on</strong>siderati<strong>on</strong> is or will be given for the transfer; or<br />

(3) where the transfer is by operati<strong>on</strong> of law.<br />

UK - For the purposes of n<strong>on</strong>-discreti<strong>on</strong>ary accounts, this Product should not be sold with a c<strong>on</strong>siderati<strong>on</strong> of less than 50,000 EUR or equivalent.<br />

USA - This Product may not be sold or offered within the United States or to U.S. pers<strong>on</strong>s, the foregoing shall not, however, prohibit sales to U.S. offices of <strong>UBS</strong> AG.<br />

C<strong>on</strong>tact:<br />

Instituti<strong>on</strong>al Investors:<br />

Private Investors:<br />

<strong>UBS</strong> AG, P.O. Box, 8098 Zürich<br />

+41-44-239 68 00*<br />

derivatives@ubs.com<br />

Internet: www.ubs.com/keyinvest<br />

Please note that calls made to the numbers marked with an asterisk (*) may be recorded. Should you call <strong>on</strong>e of these numbers, we shall assume that you c<strong>on</strong>sent to this business practice.<br />

<strong>UBS</strong> Investment Bank is a business divisi<strong>on</strong> of <strong>UBS</strong> AG<br />

Final Terms

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