Director/PDMR Shareholding

RNS Number : 2387V
Banco Santander S.A.
26 May 2008
 



NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).

 

(1)

An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2)

An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8,13, 14, 16, 23 and 24. 

(3)

An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24. 

(4)

An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. 

 

Please complete all relevant boxes should in block capital letters.


1. Name of the issuer


BANCO SANTANDER, S.A.………………………………


2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or

(ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or 

(iii) both (i) and (ii)


(i)………………………………


3. Name of person discharging managerial responsibilities/director


MR. MATIAS RODRIGUEZ INCIARTEDIRECTOR OF THE ISSUER………………………………


4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person


SAME AS 3 ABOVE. ………………………………


5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest


AS IN 3 ABOVE………………………………


6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares


ORDINARY SHARES OF 0.50 EURO NOMINAL VALUE………………………………


7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them


AFTER THE ACQUISITION REPORTED ON THIS NOTIFICATION MR. MATIAS RODRIGUEZ INCIARTE HOLDS DIRECTLY AND INDIRECTLY A TOTAL OF 709,013 SHARES.


8State the nature of the transaction


EXERCISE OPTIONS GRANTED UNDER THE LONG TERM INCENTIVE PLAN I06 APPROVED BY THE ISSUER'S SHAREHOLDERS ACTING AT THE GENERAL SHAREHOLDERS MEETING HELD ON 18 JUNE 2005. 

EACH OPTION GRANTS THE RIGHT TO ACQUIRE ONE ORDINARY SHARE OF THE ISSUER. 

MR. MATIAS RODRIGUEZ INCIARTE EXERCISED 332,600 OPTIONS OUT OF 665,200 GRANTED UNDER THIS PLAN. 

THE EXERCISE WAS SETTLED IN CASH, BUT THE PROCEEDS WERE USED TO ACQUIRE SHARES. AS A RESULT HE ACQUIRED 67,901 ORDINARY SHARES. 


9. Number of shares, debentures or financial instruments relating to shares acquired


67,901 SHARES………………………………


10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)


0.001 %………………………………


11. Number of shares, debentures or financial instruments relating to shares disposed


…………………………………………………


12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) 


…………………………………………………


13. Price per share or value of transaction


OPTIONS REPORTED ON THIS NOTIFICATION WERE EXERCISED BY CASH SETTLEMENT BEING THE EXERCISE PRICE OF EURO 9.09 PER SHARE. THE PROCEEDS WERE USED TO BUY SHARES OF BANCO SANTANDER AT THE MARKET PRICE AT THE MOMENT OF EXECUTION ( EURO 14.12 PER SHARE).


14. Date and place of transaction


EXERCISE OPTIONS GRANTED UNDER THE LONG TERM INCENTIVE PLAN I06 APPROVED BY THE ISSUER'S SHAREHOLDERS ACTING AT THE GENERAL SHAREHOLDERS MEETING HELD ON 18 JUNE 2005. 

EACH OPTION GRANTS THE RIGHT TO ACQUIRE ONE ORDINARY SHARE OF THE ISSUER. 

MR. MATIAS RODRIGUEZ INCIARTE EXERCISED 332,600 OPTIONS OUT OF 665,200 GRANTED UNDER THIS PLAN. 

THE EXERCISE WAS SETTLED IN CASH, BUT THE PROCEEDS WERE USED TO ACQUIRE SHARES. AS A RESULT HE ACQUIRED 67,901 ORDINARY SHARES ON 20 OF MAY 2008, SPAIN. 


15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)


709,013; 0.011%


16. Date issuer informed of transaction


ON 26 OF MAY 2008


If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes


17 Date of grant


………………………………


18. Period during which or date on which it can be exercised


………………………………


19. Total amount paid (if any) for grant of the option

………………………………


20. Description of shares or debentures involved (class and number)

………………………………


21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

………………………………


22. Total number of shares or debentures over which options held following notification

………………………………


23. Any additional information

NONE………………………………


24. Name of contact and telephone number for queries


ILIANA BROSCHAT; +(34) 91 289 9387………………………………


Name and signature of duly authorised officer of issuer responsible for making notification


JOSÉ MANUEL DE ARALUCE………………………………


Date of notification


26 MAY 2008………………………………


END 

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