Banco Santander S.A. (BNC) - Information on Santander Dividendo Elección RNS Number : 0457S Banco Santander S.A. 26 November 2012 MATERIAL FACT Banco Santander, S.A. informs that it is envisaged to implement again the "Santander Dividendo Elección" program, on the dates on which the third interim dividend is traditionally paid. Thus, subject to the Executive Committee of Banco Santander's prior resolution, shareholders shall have the possibility to choose whether to receive cash or new shares on such dates. The envisaged timeline for the implementation of the "Santander Dividendo Elección" program is as follows: · 11 January 2013. Communication of the number of rights needed to receive one share and of the final price of the right-purchase commitment. · 14 January 2013 (23:59 hours CET). Record date for the granting of rights. · 15 January 2013. Commencement of the rights trading period. Santander shares start trading ex-coupon. · 24 January 2013. Last date to request remuneration in cash (sale of rights to Grupo Santander). · 29 January 2013. End of the trading period of the rights. Acquisition of rights by Grupo Santander from those shareholders who have requested cash. · 1 February 2013. Payment of cash to shareholders who have so requested. · 8 February 2013. Commencement of the ordinary trading of the new shares in the Spanish Stock Exchanges, subject to the granting of the relevant authorizations. Shareholders who have opted for new shares have them delivered. The gross price at which Grupo Santander shall irrevocably commit to purchase rights, which will be calculated pursuant to the formula approved by the Ordinary General Shareholders' Meeting, will be approximately 0.15 Euros per right. Boadilla del Monte (Madrid), November 26, 2012 ------------------------------------------------------------------------------  The term for the acceptance of the right-purchase commitment and the envisaged payment date for those shareholders who request cash may not be coincidental with those set out above in respect of those shareholders holding Santander shares in the various foreign stock exchanges in which the Bank is listed.  Admission to listing of the new shares in the foreign stock exchanges where the Bank is listed shall also be requested. This information is provided by RNS The company news service from the London Stock Exchange END MSCFELFWMFESEFF -0- Nov/26/2012 17:36 GMT
Banco Santander S.A. BNC Information on Santander Dividendo Elección
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