Banco Santander S.A. (BNC) - Information on Santander Dividendo Elección
RNS Number : 2675Q
Banco Santander S.A.
02 November 2012
Further to the relevant fact communication dated October 15, 2012 (registry
number 174,821), Banco Santander, S.A. ("Banco Santander") informs that the
trading period for the free allotment rights corresponding to the
free-of-charge capital increase by means of which the "Santander Dividendo
Elección" program is carried out ended on October 31, 2012.
The holders of 83.57% of the free allotment rights have chosen to receive new
shares. Thus, the definitive number of ordinary shares of 0.5 Euros of face
value issued in the free-of-charge capital increase is 222,107,497,
corresponding to 2.20% of the share capital, and the amount of the capital
increase is 111,053,748.50 Euros. The value of the remuneration corresponding
to the holders of free allotment rights who have requested new shares amounts
to 1,266,012,732.90 Euros.
The shareholders holding the remaining 16.43% of the free allotment rights
have accepted the irrevocable undertaking to acquire free allotment rights
assumed by Banco Santander. Consequently, Banco Santander has acquired
1,658,987,342 rights for a total gross consideration of 248,848,101.30 Euros.
Banco Santander has waived the free allotment rights so acquired.
It is envisaged that the relevant authorisations for the admission to listing
of the new shares in the Spanish Stock Exchanges will be granted on November
8, 2012, so that ordinary trading of such shares in Spain will commence on
November 9, 2012. The authorisation for the admission to listing of those
shares will also be requested on all other stock exchanges on which Banco
Santander is listed.
Boadilla del Monte (Madrid), November 2, 2012
This information is provided by RNS
The company news service from the London Stock Exchange
MSCFSIFWEFESESF -0- Nov/02/2012 17:09 GMT
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