Rule 8.3- Iberdrola
Banco Santander Central Hispano SA
24 April 2007
FORM 8.3
DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE
(Rule 8.3 of the Takeover Code)
1. KEY INFORMATION
Name of person dealing (Note 1) BANCO SANTANDER CENTRAL HISPANO, S.A.
Company dealt in IBERDROLA
Class of relevant security to which the ORDINARY
dealings being disclosed relate (Note 2)
Date of dealing 23/04/2007
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 10,677,645 ...... 1.184%
(2) Derivatives (other than options) 9,925,199 ...... 1.101% 30,839,142 ...... 3.421%
(3) Options and agreements to purchase/ 6,385,212 ...... 0.708% 6,200,187 ...... 0.688%
sell
Total 26,988,056 ...... 2.994% 37,039,329 ...... 4.108%
(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) Euro
Purchase 5,000 36.97
Purchase 9,000 37.09
Purchase 6,552 37.10
Purchase 2,000 37.16
Purchase 10,000 37.20
Purchase 5,000 37.28
Purchase 5,000 37.35
Purchase 46,000 37.36
Purchase 15,000 37.37
Purchase 38,200 37.38
Purchase 66,759 37.39
Purchase 25,000 37.39
Purchase 20,776 37.40
Purchase 10,000 37.40
Purchase 161,456 37.40
Purchase 50,000 37.40
Purchase 43,089 37.41
Purchase 79,000 37.41
Purchase 10,000 37.42
Purchase 6,613 37.43
Purchase 137,000 37.57
Purchase 11,000 37.70
Purchase 4,000 37.75
Purchase 4,500 38.37
Disposal 75,000 37.36
Disposal 100,000 37.40
Disposal 412,028 37.40
Disposal 70,000 37.40
Disposal 3,041 37.42
Disposal 3,000 37.46
Disposal 3,000 37.49
Derivatives transactions (other than options)
Product name, Long/short (Note 6) Number of securities (Note 7) Price per unit (Note 5) Euro
e.g. CFD
Warrant Call 34 12/07 Long 800 1.12
Warrant Call 34 12/07 Short 400 1.16
Warrant Call 35 09/07 Long 400 0.90
Warrant Call 35 09/07 Long 200 1.06
Warrant Call 35 09/07 Short 1,600 0.91
Warrant Call 36 06/07 Long 3,000 0.54
Warrant Call 36 06/07 Long 5,600 0.55
Warrant Call 36 06/07 Long 4,000 0.56
Warrant Call 36 06/07 Long 6,000 0.65
Warrant Call 36 06/07 Short 200 0.51
Warrant Call 36 06/07 Short 200 0.52
Warrant Call 36 06/07 Short 5,800 0.53
Warrant Call 36 06/07 Short 4,000 0.57
Warrant Call 36 06/07 Short 4,000 0.59
Warrant Call 36 06/07 Short 4,000 0.60
Warrant Call 36 06/07 Short 4,000 0.61
Warrant Call 36 06/07 Short 6,000 0.68
Warrant Call 36.5 12/ Short 21,000 0.81
07
Warrant Call 36.5 12/ Short 20,000 0.83
07
Warrant Call 36.5 12/ Short 20,000 0.86
07
Warrant Call 36.5 12/ Short 60,000 0.91
07
Warrant Call 37 09/07 Long 100 0.62
Warrant Call 37 09/07 Long 4,000 0.64
Warrant Call 37 09/07 Long 400 0.65
Warrant Call 37 09/07 Short 100 0.79
Warrant Call 38 06/07 Long 3,640 0.35
Warrant Call 38 06/07 Long 400 0.41
Warrant Call 38 06/07 Short 400 0.32
Warrant Call 38 06/07 Short 4,040 0.34
Warrant Call 38 06/07 Short 400 0.47
Warrant Put 33 06/07 Short 52 0.06
Warrant Put 35 12/07 Short 2,600 0.49
Warrant Put 36 06/07 Short 4,000 0.22
Warrant Put 36 06/07 Short 1,000 0.24
Future 30/06/2007 Short 500 37.29
Future 30/06/2007 Short 1,000 37.37
Future 30/06/2007 Short 1,000 37.40
Future 30/06/2007 Short 500 37.41
Future 30/06/2007 Short 200 37.43
Future 30/06/2007 Short 3,000 37.43
Future 30/06/2007 Short 200 37.45
Future 30/06/2007 Short 200 37.47
Future 30/06/2007 Short 3,000 37.48
Future 30/06/2007 Short 2,000 37.48
Future 30/06/2007 Short 5,000 37.50
Future 30/06/2007 Short 4,900 37.50
Future 30/06/2007 Short 1,000 37.53
Future 30/06/2007 Short 400 37.53
Future 30/06/2007 Short 100 37.53
Future 30/06/2007 Short 3,000 37.54
Future 30/06/2007 Short 100 37.54
Future 30/06/2007 Short 1,900 37.55
Future 30/06/2007 Short 200 37.55
Future 30/06/2007 Short 2,000 37.56
Future 30/06/2007 Short 3,000 37.56
Future 30/06/2007 Short 300 37.57
Future 30/06/2007 Short 100 37.58
Future 30/06/2007 Short 400 37.58
Future 30/06/2007 Short 200 37.59
Future 30/06/2007 Short 100 37.60
Future 30/06/2007 Short 100 37.60
Future 30/06/2007 Short 100 37.61
Future 30/06/2007 Short 3,000 37.62
Future 30/06/2007 Short 5,000 37.63
Future 30/06/2007 Short 3,000 37.64
Future 30/06/2007 Short 2,000 37.64
Future 30/06/2007 Short 400 37.64
Future 30/06/2007 Short 5,000 37.66
Future 30/06/2007 Short 100 37.66
Future 30/06/2007 Short 300 37.67
Future 30/06/2007 Short 5,000 37.67
Future 30/06/2007 Short 700 37.71
Future 30/06/2007 Short 3,000 37.75
Future 30/06/2007 Short 5,000 37.77
Future 30/06/2007 Short 1,000 37.80
Future 30/06/2007 Short 2,500 37.80
Future 30/06/2007 Short 1,500 37.81
Future 30/06/2007 Short 5,000 37.82
Future 30/06/2007 Short 5,000 37.85
Future 30/06/2007 Short 2,000 37.91
Future 30/06/2007 Short 3,000 37.91
Future 30/06/2007 Short 400 37.95
Future 30/06/2007 Short 2,600 37.98
Future 30/06/2007 Short 200 37.98
Future 30/06/2007 Short 5,000 38.33
Future 30/06/2007 Short 5,000 38.33
Future 30/06/2007 Short 200 38.64
(c) Options transactions in respect of existing securities
(i) Writing, selling, purchasing or varying
Product name, Writing, selling, Number of securities Exercise Type, e.g. Expiry Option money
purchasing, to which the option American,
e.g. call option varying etc. relates (Note 7) price European etc. date paid/received
per unit (Note
5)
Call Option Purchase 5,000 38.00 European 30/06/2007 1.32
Put Option Disposal 2,100 34.00 European 30/06/2007 0.40
(ii) Exercising
Product name, e.g. call option Number of securities Exercise price per unit (Note 5)
(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
NONE
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)
YES
Date of disclosure 24/04/2007
Contact name JOSE MANUEL ARALUCE
Telephone number (34) 91-289 3392
If a connected EFM, name of offeree/offeror with which connected
If a connected EFM, state nature of connection (Note 10)
Notes
The Notes on Form 8.3 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk
SUPPLEMENTAL FORM 8
DETAILS OF OPEN POSITIONS
(This form should be attached to Form 8.1, Form 8.1(b)(ii) or Form 8.3, as
appropriate)
OPEN POSITIONS (Note 1)
Product name, Written or Number of securities Exercise price Type, e.g. Expiry date
purchased to which the option or (Note 2) American,
e.g. call option derivative relates European etc.
Euro
Call Option Purchase 35,000 36.00 European 15/06/2007
Call Option Purchase 35,000 36.00 European 19/12/2008
Call Option Purchase 8,563 34.96 European 26/02/2009
Call Option Purchase 22,975 38.65 European 20/08/2008
Call Option Purchase 22,975 34.82 European 20/08/2008
Call Option Purchase 11,456 32.57 European 17/01/2008
Call Option Purchase 820,868 27.41 European 01/04/2009
Call Option Purchase 300,000 23.00 European 21/12/2007
Call Option Purchase 192,375 17.48 European 19/11/2007
Call Option Purchase 100,000 34.00 European 30/06/2007
Call Option Purchase 490,000 35.00 European 30/06/2007
Call Option Purchase 145,000 36.00 European 30/06/2007
Call Option Purchase 11,000 39.00 European 30/06/2007
Call Option Purchase 98,900 36.00 European 31/12/2007
Call Option Purchase 250,000 22.00 European 31/12/2008
Call Option Purchase 500,000 39.00 European 31/12/2008
Call Option Purchase 9,000 35.00 European 31/12/2007
Call Option Purchase 200,000 21.00 European 30/06/2008
Call Option Purchase 50,000 37.00 European 30/06/2007
Call Option Disposal 25,000 37.00 European 30/06/2007
Call Option Disposal 1,717,000 38.00 European 30/06/2007
Call Option Disposal 30,000 31.00 European 30/09/2007
Call Option Disposal 500,000 33.00 European 31/12/2007
Call Option Disposal 36,600 40.00 European 31/12/2007
Call Option Disposal 50,500 42.00 European 31/12/2007
Call Option Disposal 250,000 22.00 European 31/12/2008
Call Option Disposal 2,800 38.00 European 31/12/2007
Call Option Disposal 3,000 38.00 European 31/03/2008
Put Option Purchase 19,929 27.60 European 11/09/2007
Put Option Purchase 160,810 18.24 European 25/06/2009
Put Option Purchase 59,648 24.98 European 12/06/2009
Put Option Purchase 250,000 22.00 European 20/06/2008
Put Option Purchase 500,000 32.00 European 30/06/2007
Put Option Purchase 550,000 33.00 European 30/06/2007
Put Option Purchase 281,700 34.00 European 30/06/2007
Put Option Purchase 500,000 35.00 European 31/12/2007
Put Option Purchase 250,000 22.00 European 31/12/2008
Put Option Purchase 9,000 31.00 European 31/12/2007
Put Option Purchase 150,000 33.00 European 30/06/2007
Put Option Purchase 30,000 29.00 European 30/09/2007
Put Option Purchase 500,000 35.00 European 31/12/2008
Put Option Purchase 250,000 28.00 European 31/12/2008
Put Option Purchase 1,000 35.00 European 30/06/2007
Put Option Purchase 3,200 37.00 European 30/06/2007
Put Option Disposal 500,000 32.00 European 31/12/2007
Put Option Disposal 750,000 33.00 European 31/12/2007
Put Option Disposal 250,000 28.00 European 31/12/2008
Put Option Disposal 500,000 35.00 European 31/12/2008
Put Option Disposal 200,000 22.00 European 30/06/2007
Put Option Disposal 200,000 33.00 European 31/12/2007
Put Option Disposal 250,000 22.00 European 31/12/2008
Put Option Disposal 500,000 35.00 European 31/12/2007
Put Option Disposal 2,100 34.00 European 30/06/2007
Warrant Call Purchase 1,498,890 34.00 European 20/06/2008
Warrant Call Purchase 1,500,000 37.00 European 20/06/2008
Warrant Call Purchase 1,499,285 40.00 European 20/06/2008
Warrant Call Purchase 999,890 28.00 European 30/06/2007
Warrant Call Purchase 595,600 34.00 European 31/12/2007
Warrant Call Purchase 342,593 35.00 European 30/09/2007
Warrant Call Purchase 311,770 36.00 European 30/06/2007
Warrant Call Purchase 226,340 36.50 European 31/12/2007
Warrant Call Purchase 397,468 37.00 European 30/09/2007
Warrant Call Purchase 379,546 38.00 European 30/06/2007
Warrant Put Purchase 1,500,000 24.00 European 20/06/2008
Warrant Put Purchase 996,500 26.00 European 30/06/2007
Warrant Put Purchase 600,000 31.00 European 31/12/2007
Warrant Put Purchase 400,000 32.00 European 30/09/2007
Warrant Put Purchase 399,220 33.00 European 30/06/2007
Warrant Put Purchase 399,600 34.00 European 30/09/2007
Warrant Put Purchase 599,800 35.00 European 31/12/2007
Warrant Put Purchase 396,850 36.00 European 30/06/2007
Future Purchase 1,000,000 19/05/2007
Future Purchase 1,000,000 19/05/2007
Future Purchase 166,317 16/11/2007
Future Purchase 7,500 01/06/2007
Future Disposal 551,900 30/06/2007
Notes
1. Where there are open option positions or open derivative positions (except
for CFDs), full details should be given. Full details of any existing
agreements to purchase or to sell should also be given on this form.
2. For all prices and other monetary amounts, the currency must be stated.
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
This information is provided by RNS
The company news service from the London Stock Exchange
Latest directors dealings
- 12 minutes ago Norcros
- 19 minutes ago London Stock Exchange Group
- 19 minutes ago London Stock Exchange Group
- 34 minutes ago National Grid
- 44 minutes ago Odyssean Investment Trust