Information on Santander Dividendo Eleccion

RNS Number : 1600W

Banco Santander S.A.

04 November 2014

 

MATERIAL FACT

Further to the relevant fact communication dated October 16, 2014 (registry number 212,037), Banco Santander, S.A. ("Banco Santander") informs that the trading period for the free allotment rights corresponding to the free-of-charge capital increase by means of which the "Santander Dividendo Elección" program is carried out ended on November 3, 2014.

The holders of 86.48% of the free allotment rights have chosen to receive new shares. Thus, the definitive number of ordinary shares of 0.5 Euros of face value issued in the free-of-charge capital increase is 225,386,463, corresponding to 1.82% of the share capital¹, and the amount of the capital increase is 112,693,231.50 Euros. After the free-of-charge capital increase and the capital increase executed to satisfy the exchange of the exchange offer made for the shares of Banco Santander (Brasil) S.A., the share capital of Banco Santander amounts to 6,292,207,329.50 Euros represented by 12,584,414,659 ordinary shares of 0.5 Euros of face value each. The value of the remuneration corresponding to the holders of free allotment rights who have requested new shares amounts to 1,565,534,372 Euros.

The shareholders holding the remaining 13.52% of the free allotment rights have accepted the irrevocable undertaking to acquire free allotment rights assumed by Banco Santander. Consequently, Banco Santander has acquired 1,620,313,773 rights for a total gross consideration of 244,667,379.72 Euros. Banco Santander has waived the free allotment rights so acquired.

It is envisaged that the relevant authorisations for the admission to listing of the new shares in the Spanish Stock Exchanges will be granted on November 11, 2014, so that ordinary trading of such shares in Spain will commence on November 12, 2014. The authorisation for the admission to listing of those shares will also be requested on all other stock exchanges on which Banco Santander is listed.

Boadilla del Monte (Madrid), November 4, 2014

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¹ Calculated taking into account the outstanding shares after the capital increase in connection with the exchange offer made for the shares of Banco Santander (Brasil) S.A., the outcome of which was announced by means of a relevant fact communication dated October 31, 2014 (registry number 213,433).

 

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