Last checked at 30 Oct 2015 08:16
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 61,442,106 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 trading on the main market of the LSE. Admission is expected to become effective on 4 November 2015.
The Shares have been issued in connection with BBVA's shareholder remuneration programme called "Dividend Option" which offers eligible BBVA shareholders the opportunity to elect to receive their remuneration in ordinary newly-issued BBVA shares or in cash. The associated free-of-charge capital increase of BBVA was approved at the Ordinary General Meeting of BBVA Shareholders held on 13 March 2015, and executed by the resolutions adopted by the Board of Directors in its meeting held on 30 September 2015.
For further details of the shareholder remuneration programme and the capital increase, please refer to BBVA's announcements dated 18 and 30 September 2015 and 19 October 2015.
Madrid, 30 October 2015