Information on Santander Divi

RNS Number : 6000C
Banco Santander S.A.
16 November 2009
 

MATERIAL FACT



As envisaged in the prospectus concerning the issue of the Valores Santander, registered in the official registry of the Spanish National Securities Exchange Commission (CNMV) on 19 September 2007, and in view of the free-of-charge capital increase of Banco Santander, S.A. ("Banco Santander") by means of which the Santander Dividendo Elección program has been implemented, the result of which was notified as a relevant fact on 2 November 2009, Banco Santander has agreed to amend the conversion ratio corresponding to the Valores Santander (i.e., the number of Banco Santander shares to which each Valor Santander gives right) pursuant to the anti-dilution mechanism set forth in the said prospectus.


The new price of each Banco Santander share for conversion purposes has been set at 14.48 euros. Therefore, the new conversion ratio applicable to the Valores Santander is 345.303867403315 Banco Santander shares for each Valor Santander, which is the result of dividing the face value of each Valor Santander (5,000 euros) by the aforementioned price (14.48).


Boadilla del Monte (Madrid), 16 November 2009



This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCFFIFAMSUSEEF
UK 100

Latest directors dealings