Dividend option: Capital increase

RNS Number : 8458V

Banco Bilbao Vizcaya Argentaria SA

31 October 2014

 

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 41,746,041 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 4^th November 2014.

The Shares have been issued in connection with a system of flexible shareholder remuneration called "Dividendo Opción" which permits eligible shareholders the opportunity to elect to receive newly-issued BBVA shares or cash equivalent to the traditional complementary dividend. The associated free-of-charge capital increase of BBVA was approved at the annual general meeting of BBVA shareholders on 14^th March 2014 and executed by the resolutions adopted by Board of Directors in its meeting held on 24^th September 2014. For further details of the shareholder remuneration programme and the capital increase, please refer to BBVA's announcements dated 12^th September 2014, 24^th September 2014 and 13^th October 2014.

Madrid, 31^st October 2014

 

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