Last checked at 7 Nov 2017 07:00
MATERIAL FACT
Further to the material fact communication dated October 16, 2017 (registry number 257,438), Banco Santander, S.A. ("Banco Santander") informs that the trading period for the bonus share rights corresponding to the capital increase with a charge to reserves (the "Capital Increase") by means of which the "Santander Dividendo Elección" scheme is carried out ended on November 1, 2017.
The holders of 84.61% of the bonus share rights have chosen to receive new shares. Thus, the definitive number of ordinary shares of 0.5 Euros of face value issued in the Capital Increase is 95,580,136, corresponding to 0.60% of the share capital, and the amount of the Capital Increase is 47,790,068 Euros. After the Capital Increase, the share capital amounts to 8,068,076,791 Euros represented by 16,136,153,582 ordinary shares of 0.5 Euros of face value each. The value of the compensation corresponding to the holders of bonus share rights who have requested new shares amounts to 542,895,172.48 Euros.
The shareholders holding the remaining 15.39% of the bonus share rights have accepted the irrevocable commitment to purchase bonus share rights assumed by Banco Santander. Consequently, Banco Santander has acquired 2,468,193,907 rights for a total gross consideration of 98,727,756.28 Euros. Banco Santander has waived the bonus share 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 14, 2017, so that ordinary trading of such shares in Spain will commence on November 151. 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 6, 2017
1 Estimated date. Subject to the granting of the relevant authorisations.