Rule 8.1- (Banco Santander, S

RNS Number : 8467A

Banco Santander S.A.

07 August 2008

 

                                        FORM 8.1                        

DEALINGS BY OFFERORS, OFFEREE COMPANIES OR THEIR ASSOCIATES

FOR THEMSELVES OR FOR DISCRETIONARY CLIENTS

(Rules 8.1(a) and (b)(i) of the Takeover Code)

LATE DISCLOSURE

1.    KEY INFORMATION

Name of person dealing (Note 1)	Luis Miguel Garcia Morales
Company dealt in	Banco Santander, S.A.
Class of relevant security to which the dealings being disclosed relate (Note 2)	Common Shares
Date of dealing	30/07/2008

2.    INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a)    Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3)

	Long	Short
	Number                            (%)	Number    (%)
(1) Relevant securities	6.825                            0,00%
(2) Derivatives (other than options)
(3) Options and agreements to purchase/sell
Total	6.825                           0,00%

(b)    Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3)

Class of relevant security:	Long	Short
	Number       (%)	Number       (%)
(1) Relevant securities
(2) Derivatives (other than options)
(3) Options and agreements to purchase/sell
Total

(c)    Rights to subscribe (Note 3)

Class of relevant security:	Details

3.    DEALINGS (Note 4)

(a)    Purchases and sales

Purchase/sale	Number of securities	Price per unit (Note 5)

(b)    Derivatives transactions (other than options)

Product name,  e.g. CFD	Long/short (Note 6)	Number of securities (Note 7)	Price per unit (Note 5)

(c)    Options transactions in respect of existing securities

(i)    Writing, selling, purchasing or varying

Product name, e.g. call option	Writing, selling, purchasing, varying etc.	Number of securities to which the option relates (Note 7)	Exercise price	Type, e.g. American, European etc.	Expiry  date	Option money paid/received per unit (Note 5)

(ii)    Exercising

Product name, e.g. call option	Number of securities	Exercise price per unit (Note 5)
Employee share option	12.337 ( See note below)

Exercise for differences. The employee has exercised 12.337 options and received in exchange 3100 Santander shares free of charge, which is the result of reinvesting at the Santander share price on the date of exercise the cash proceeds resulting from: number of options exercised x (Santander share price at the date of exercise - EUR 9.09).

 (d)    Other dealings (including new securities) (Note 4)

Nature of transaction (Note 8)	Details	Price per unit (if applicable) (Note 5)

4.    OTHER INFORMATION

Agreements, arrangements or understandings relating to options or derivatives

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated.

Is a Supplemental Form 8 attached? (Note 9)                NO

Date of disclosure	06/08/2008
Contact name	Luis Miguel Garcia Morales
Telephone number	00 54 11 4341-2414
Name of offeree/offeror with which associated	Banco Santander, S.A
Specify category and nature of associate status (Note 10)	Director of Affiliated Company

Notes

The Notes on Form 8.1 can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk

  NOTES ON FORM 8.1 

1.	Specify the owner or controller of the interest in addition to the person dealing. The naming of nominees or vehicle companies is insufficient. In the case of disclosure of dealings by fund managers on behalf of discretionary clients, the clients need not be named.
2.	See the definition of 'relevant securities' in the Definitions Section of the Code.
3.	See Note 5 on Rule 8 and the definition of 'interests in securities' in the Definitions Section of the Code. Rights to subscribe for new shares should be disclosed separately from interests and short positions in existing securities. Rights to subscribe include directors' and other executive options.
4.	See the definition of 'dealings' in the Definitions Section of the Code.
5.	For all prices and other monetary amounts, the currency must be stated. If the economic exposure to changes in the price of securities is limited, for example by virtue of a stop loss arrangement relating to a spread bet, full details should be given.
6.	If a long position has been increased or a short position reduced as a result of the dealing, write 'long'. If a short position has been increased or a long position reduced as a result of the dealing, write 'short'. If the dealing has not resulted in a long or short position being increased or reduced, give details of the variation or other dealing.
7.	See Note 3 on the definition of 'interests in securities' in the Definitions Section of the Code.
8.	State type of dealing, e.g. 'subscription', 'conversion', 'exercise' etc.
9.	Where there are open option positions or open derivative positions (other than CFDs), or where there is an agreement to purchase or to sell, Supplemental Form 8 should be completed.
10.	See the definition of 'associate' in the Definitions Section of the Code.

For details of the Code's dealing disclosure requirements, see Rule 8 and its Notes which can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk. 

 

END

 

 

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