Results secondary offering Banco Santander Chile

RNS Number : 5338T

Banco Santander S.A.

07 December 2011

 

MATERIAL FACT

Grupo Santander hereby notifies that it has successfully completed the public secondary offering of Banco Santander Chile shares which was announced on 22^nd November 2011. As a result, 7.82% of the capital of such bank has been sold at a price of 33 Chilean pesos per share and US$ 66.88 per ADR. The placement amounted to US$ 950 million, with a positive impact on the core capital of 11 basis points.

Following the transaction, Grupo Santander holds 67% of the share capital of Banco Santander Chile, shareholding that it has agreed not to reduce during a year.

Boadilla del Monte (Madrid), 7th December 2011

 

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