Dividend Option

RNS Number : 3908O

Banco Bilbao Vizcaya Argentaria SA

04 November 2016

 

 

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 86,257,317 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 trading on the main market of the LSE. Admission is expected to become effective on 9^th November 2016.

The Shares have been issued in connection with BBVA's shareholder remuneration programme called "Dividend Option" which offers eligible BBVA shareholders the opportunity to elect to receive their remuneration in ordinary newly-issued BBVA shares or in cash. The associated BBVA's capital increase charged to voluntary reserves was approved at the Ordinary General Meeting of BBVA Shareholders held on 11^th March 2016, and executed by the resolutions adopted by the Board of Directors of BBVA in its meeting held on 28^th September 2016.

For further details of the shareholder remuneration programme and the capital increase, please refer to BBVA's announcements dated 15^th and 28^th September 2016 and 19^th October 2016.

Madrid, 4^th November 2016

 

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