Dividend Option

RNS Number : 3527E

Banco Bilbao Vizcaya Argentaria SA

05 May 2017

 

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 101,271,338 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 11 May 2017.

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 BBVA's capital increase charged to voluntary reserves was approved at the Ordinary General Meeting of BBVA Shareholders held on 17 March 2017, and executed by the resolutions adopted by the Board of Directors of BBVA in its meeting held on 29 March 2017.

For further details of the shareholder remuneration programme and the capital increase, please refer to BBVA's announcements dated 17 and 29 March and 21 April 2017.

Madrid, 5 May 2017

 

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