Dividend option: Capital Increase

RNS Number : 7642C

Banco Bilbao Vizcaya Argentaria SA

21 January 2015

 

Application for Admission

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) hereby announces that an application has been made to the United Kingdom Listing Authority (UKLA) and the London Stock Exchange (LSE) for 53,584,943 new ordinary shares in the capital of BBVA with a par value of 0.49 Euro per share (the Shares) to be admitted to the Official List of the UKLA and traded on the main market of the LSE. Admission is expected to become effective on 23 January 2015.

The Shares have been issued in connection with BBVA's shareholder remuneration programme called "Dividend Option" which offered eligible BBVA shareholders the opportunity to elect to receive the amount equivalent to the traditional cash interim dividend received by BBVA shareholders in January, in ordinary newly-issued BBVA shares or in cash. The associated free-of-charge capital increase of BBVA was approved at the Ordinary General Meeting of BBVA Shareholders held on 14^th March, 2014, under agenda item fourth, section 4.3, and executed by the resolutions adopted by the Board of Directors in its meeting held on 17^th December 2014. For further details of the shareholder remuneration programme and the capital increase, please refer to BBVA's announcements dated 5^th and 17^th December 2014 and 7^th January 2015.

Madrid, 21 January 2015

 

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