Dividend option: Capital increase

RNS Number : 2291S

Banco Bilbao Vizcaya Argentaria SA

05 November 2013

 

Application for Admission

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) hereby announces that an application has been made to the United Kingdom Listing Authority (UKLA) and the London Stock Exchange (LSE) for 61,627,952 new ordinary shares in the capital of BBVA with a par value of 0.49 Euro per share (the Shares) to be admitted to the Official List of the UKLA and traded on the main market of the LSE. Admission is expected to become effective on 7 November 2013.

The Shares have been issued in connection with a system of flexible shareholder remuneration called "Dividendo Opción" which permits eligible shareholders the opportunity to elect to receive newly-issued BBVA shares or cash equivalent to the traditional second interim dividend. The associated free-of-charge capital increase of BBVA was approved at the ordinary general meeting of BBVA shareholders on 15 March 2013 and executed by the resolutions adopted by Board of Directors in its meeting held on September 25, 2013. For further details of the shareholder remuneration programme and the capital increase, please refer to BBVA's announcements dated 13 September 2013, 25 September 2013 and 14 October 2013.

Madrid, 5 November 2013

 

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