Scrip dividend schedule

RNS Number : 5684Y

Banco Santander S.A.

04 September 2009

 



OTHER COMMUNICATIONS

Banco Santander, S.A. ('Banco Santander' or the 'Bank') informs of the envisaged schedule for the execution of the free-of-charge capital increase (the 'Capital Increase') approved on June 19, 2009 by Santander's Ordinary Shareholders' Meeting under section eight of its agenda, which Capital Increase serves as an instrument for the flexible remuneration scheme named 'Santander Dividendo Elección', a scheme that, subject to the Bank's Executive Commitee prior resolution, shall offer shareholders the option to receive cash and/or new shares on the payment date for the second interim dividend, as described in the report by the Board of Directors of the Bank that explained the Capital Increase proposal:

• 14 October.  Determination of the number of rights needed to receive one share and of the final price of the right-purchase commitment 

• 15 October (23:59 hours). Record date for the granting of rights

• 16 October. Commencement of the rights trading period

• 27 October. Last date to request remuneration in cash (sale of rights to Grupo Santander)

• 30 October. End of the trading period of the rights.  Acquisition of rights by Grupo Santander from those shareholders who have requested cash

• 4 November. Commencement of the ordinary trading of the new shares / payment of cash to shareholders who have so requested

Boadilla del Monte (Madrid), September 4, 2009

 

END

 

 

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