SGA Soc. Gen. N.V. 62MU Company Announcement

  SGA Soc. Gen. N.V. (62MU) - Company Announcement

RNS Number : 0829R
SGA Societe Generale AcceptanceN.V.
14 November 2012


                             Company Announcement

                     SGA Societe Generale Acceptance N.V.

           (incorporated as a limited liability company in Curaçao)

                      Pietermaai 15, Willemstad, Curaçao
                                (the "Issuer")

14 November 2012

Re: Capital increase Banco Popular Espanol S.A.

Call Warrants  on  Shares  of  Banco  Popular  Espanol  S.A.  with  ISIN  Code 
CWN8139V8145 and  SEDOL Code  B84TXM1 (the  "Warrants") issued  under the  SGA 
Societe Generale  Acceptance N.V.  Securitised  Derivatives Programme  as  set 
forth in the  Base Prospectus dated  25 June 2012  (the "Base Prospectus")  as 
supplemented by Final Terms dated 1 November 2012 (the "Final Terms").



The Issuer wishes to announce that, following an extraordinary annual  general 
meeting of Banco Popular Espanol S.A. held on 10 November 2012 and publication
by the extraordinary annual general meeting of details for a capital  increase 
which will become effective  as of 14 November  2012, the Issuer, pursuant  to 
Condition 23.2  (b)  (Distribution  of  Rights  or  Securities)  of  the  Base 
Prospectus, redefined and calculated a new  Parity of 0.5434 for the  purposes 
of paragraph 30  (Parity) and a  new Exercise  Price of (EUR)  0.8151 for  the 
purposes of paragraph 39.2 (Exercise Price) of the Final Terms.

Therefore, for the purposes  of paragraph 25 (Cash  Settlement Amount) of  the 
Final Terms, the  Cash Settlement Amount  shall be determined  by taking  into 
account such new Parity of 0.5434 and such new Exercise Price of (EUR)0.8151.

Capitalised terms used but not defined herein shall have the meaning given  to 
them in the Base Prospectus as supplemented by the Final Terms.

For further information, please contact:

SGA Societe Generale Acceptance N.V.

c/o Computershare Investor Services PLC

The Pavilions

Bridgwater Road

Bristol

BS13 8AE



Telephone:  +44 (0) 870 702 0003

Fax: +44 (0) 870 703 6218

To view the full text of the Final Terms, please paste the following URL  into 
the address bar of your browser.

http://www.rns-pdf.londonstockexchange.com/rns/0829R_-2012-11-14.pdf





DISCLAIMER - INTENDED ADDRESSEES

Please note that  the information  contained in  the Base  Prospectus and  the 
Final Terms described above may be addressed to and/or targeted at persons who
are residents of particular countries (specified in the Base Prospectus and/or
the Final Terms) only  and is not  intended for use and  should not be  relied 
upon by any person outside these countries and/or to whom the offer  contained 
in the  Base Prospectus  and/or the  Final Terms  is not  addressed. Prior  to 
relying on the information contained in  the Base Prospectus and/or the  Final 
Terms you  must ascertain  from the  Base Prospectus  and/or the  Final  Terms 
whether or not  you are  part of the  intended addressees  of the  information 
contained therein.

Your right to access this service is conditional upon complying with the above
requirement.

                     This information is provided by RNS
           The company news service from the London Stock Exchange

END


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