Rule 8.1- (Banco Santander, S

RNS Number : 1655D

Banco Santander S.A.

10 September 2008

 



LATE DISCLOSURE                                                                                                                FORM 8.1                        

DEALINGS BY OFFERORS, OFFEREE COMPANIES OR THEIR ASSOCIATES

FOR THEMSELVES OR FOR DISCRETIONARY CLIENTS

(Rules 8.1(a) and (b)(i) of the Takeover Code)

1.    KEY INFORMATION

Name of person dealing (Note 1)	Marcial Ángel Portela Álvarez
Company dealt in	Banco Santander, S.A.
Class of relevant security to which the dealings being disclosed relate (Note 2)	Common shares
Date of dealing	05 September, 2008

2.    INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a)    Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3)

	Long	Short
	Number         (%)	Number    (%)
(1) Relevant securities	26,877             0.00
(2) Derivatives (other than options)
(3) Options and agreements to purchase/sell	0                      0.00
Total	26,877             0.00

(b)    Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3)

Class of relevant security:	Long	Short
	Number       (%)	Number       (%)
(1) Relevant securities
(2) Derivatives (other than options)
(3) Options and agreements to purchase/sell
Total

(c)    Rights to subscribe (Note 3)

Class of relevant security:	Details

3.    DEALINGS (Note 4)

(a)    Purchases and sales

Purchase/sale	Number of securities	Price per unit (Note 5)

(b)    Derivatives transactions (other than options)

Product name,  e.g. CFD	Long/short (Note 6)	Number of securities (Note 7)	Price per unit (Note 5)

(c)    Options transactions in respect of existing securities

(i)    Writing, selling, purchasing or varying

Product name, e.g. call option	Writing, selling, purchasing, varying etc.	Number of securities to which the option relates (Note 7)	Exercise price	Type, e.g. American, European etc.	Expiry  date	Option money paid/received per unit (Note 5)

(ii)    Exercising

Product name, e.g. call option	Number of securities	Exercise price per unit (Note 5)
Employee share option	241,050 (see note below)	9.09 EUR

Exercise for differences. The employee has exercised 241,050 options and received in exchange 26,877 Santander shares free of charge, which is the result of reinvesting at the Santander share price on the date of exercise the cash resulting from: number of options exercised x (Santander share price at the date of exercise - EUR 9.09).

(d)    Other dealings (including new securities) (Note 4)

Nature of transaction (Note 8)	Details	Price per unit (if applicable) (Note 5)

4.    OTHER INFORMATION

Agreements, arrangements or understandings relating to options or derivatives

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated.

Is a Supplemental Form 8 attached? (Note 9)        NO            

Date of disclosure	10 September, 2008
Contact name	Marcial Ángel Portela Álvarez
Telephone number	+ (34) 912-596-580
Name of offeree/offeror with which associated	Banco Santander
Specify category and nature of associate status (Note 10)	Director of  the Offeror

Notes

The Notes on Form 8.1 can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk

 

END

 

 

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