Merger of Santander, Banesto and Banif

RNS Number : 0321E
Banco Santander S.A.
03 May 2013
 

 

 

 

 

MATERIAL FACT

 

 

Merger of Santander, Banesto and Banif

 

Following the material fact announcements dated 29 and 30 April (registry numbers 186,051 and 186,267, respectively), Banco Santander, S.A. ("Santander") announces that today the public deed formalizing the merger by absorption of Banco Español de Crédito, S.A. ("Banesto") by Santander has been registered with the Commercial Registry of Cantabria, and consequently, Banesto has disappeared. Therefore, today has been the last trading day of Banesto on the Spanish Stock Exchanges.

 

The exchange of Banesto shares for shares of Santander will be carried out pursuant to the exchange procedure announced in the abovementioned material fact announcement dated 29 April.

 

It is expected that the shareholders of Banesto will have available to them the shares of Santander delivered pursuant to the exchange on Monday, 6 May 2013.

 

Besides, the public deed formalizing the merger by absorption of Banco Banif, S.A. Unipersonal by Santander was granted on Tuesday, 30 April. It is foreseen that such public deed will be registered with the Commercial Registry of Cantabria on Tuesday, 7 May 2013.

 

Boadilla del Monte (Madrid), 3 May 2013

 


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