Banco Santander S.A. Capital increase timeline (3972D)
October 27 2020 - 1:59PM
UK Regulatory
TIDMBNC
RNS Number : 3972D
Banco Santander S.A.
27 October 2020
Banco Santander, S.A. ("Banco Santander" or the "Bank" or
"Santander") , pursuant to the provisions of the Spanish Securities
Market Act (Ley del Mercado de Valores), hereby announces the
following:
OTHER RELEVANT INFORMATION
At the general meeting held today, shareholders passed a
resolution to increase share capital against reserves (hereinafter,
the 'Capital Increase'). If approved by the Bank's Executive
Committee, the Capital Increase will be used to pay out
approximately 0.10 euros per share in the form of newly issued
shares as announced on 29 July 2020. The timeline for the Capital
Increase is as follows:
-- 12 November 2020. Execution of the Capital Increase and
announcement of the number of rights required to receive one
share.
-- 13 November 2020 (23:59 hours CET). Reference date to
participate in the Capital Increase (last trading date). Those who
acquired their shares in the Bank by this date (inclusive) and
appear as shareholders in the registries of Iberclear at 23:59 CET
on 17 November 2020, will be entitled to take part in the Capital
Increase.
-- 16 November 2020. Start of the rights trading period.
Santander shares will trade ex-coupon (ex-date).
-- 30 November 2020. End of the rights trading period.
-- 4-10 December 2020. Procedures for registering the Capital
Increase and admitting new shares to trading on Spanish securities
markets.
-- 11 December 2020. Start of ordinary trading of the new shares
on Spanish securities markets, subject to required
authorisation.[1] Shareholders receive their new shares.
Boadilla del Monte (Madrid), 27 October, 2020
[1] Estimated date. The Bank shall also request that the new
shares be admitted to trading on any foreign securities markets
where it is listed.
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END
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