Corporate transaction by Banco Santander Brasil

RNS Number : 2058E

Banco Santander S.A.

07 April 2014

 

MATERIAL FACT

Grupo Santander hereby announces the publication in the Brazilian Securities Commission this morning by its subsidiary Banco Santander (Brasil) S.A. of a material fact regarding the agreement reached for the acquisition, through its investee company Santander Getnet Serviços para Meios de Pagamento Socidade Anónima, of 100% of the company Getnet Tecnologia Em Captura e Processamento de Transações H.U.A.H. ("Getnet") for an amount of 1,104 million Reales (approximately 353 million euros). Following the acquisition, Banco Santander (Brasil) S.A. will hold indirectly an 88.5% stake in Getnet. The transaction will have no significant impact on Grupo Santander's shareholders' equity.

Getnet specialises in the development and management of technological solutions and services for businesses with electronic transactions. The transaction gives continuity to the growth strategy in the acquiring business. Santander Getnet Serviços para Meios de Pagamento Socidade Anónima is a payment service provider company in which Santander Brasil and Getnet presently hold 50% each.

It is expected that the transaction (which is subject to regulatory authorisation) will be concluded during the second half of 2014.

A copy is attached of the English version of the material fact published by Banco Santander (Brasil) S.A.

http://www.rns-pdf.londonstockexchange.com/rns/2058E_-2014-4-7.pdf

Boadilla del Monte (Madrid), 7 April 2014

 

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