Banco Santander S.A. (BNC) - Information on Santander Dividendo Elección RNS Number : 6313F Banco Santander S.A. 18 June 2012 MATERIAL FACT Following the material fact announcement published on 13^th May last (registration number 163932) with respect to the provisions to be set up by Grupo Santander in application of Royal Decree-Law 18/2012 on provisioning of real estate assets, Banco Santander hereby announces that the Board of Directors, at its meeting held today, resolved as follows: (i) To apply the Santander Dividendo Elección program on the dates on which the first, second and third interim dividends are usually paid. As a result, in addition to what was announced in the material fact announcement published on 1^st June (registration number 165971) with respect to the application of the aforementioned program in July/August 2012, the Executive Committee will execute the resolutions adopted by shareholders at the Ordinary General Meeting held on 30^th March, 2012 under items Nine C and D on the agenda, on the dates when the second and third interim dividends are traditionally paid (October/November 2012 and January/February 2013, respectively). The fixed price of the irrevocable undertaking to acquire the free allotment rights pertaining to each of such applications of the Santander Dividendo Elección program will be approximately 0.15 euros per share. (ii) To also apply the Santander Dividendo Elección program on the date when the final dividend is usually paid (April/May 2013). For such purpose, the Board of Directors has resolved to submit to shareholders for approval at the next ordinary General Meeting, which it is envisaged will be held on 22^nd March 2013, a proposal for a free of charge capital increase in the amount necessary to apply the aforementioned program to the final remuneration corresponding to the 2012 financial year. The market price of the shares to be issued will be such that the shareholder remuneration will be approximately 0.15 euros per share. Therefore, as announced in the material fact announcement published on 13^th May referred to above, the total envisaged shareholder remuneration in respect of the 2012 financial year will amount to approximately 0.60 euros per share. Boadilla del Monte (Madrid), 18^th June, 2012 This information is provided by RNS The company news service from the London Stock Exchange END MSCSFFFWAFESEDM -0- Jun/19/2012 06:00 GMT
Banco Santander S.A. BNC Information on Santander Dividendo Elección
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