Information regarding the VTO for B.Sabadell
Summary by AI BETAClose X
Banco Bilbao Vizcaya Argentaria, S.A. ("BBVA"), in compliance with the Securities Market legislation, hereby communicates the following:
OTHER RELEVANT INFORMATION
In relation to the voluntary tender offer launched by BBVA for the entire share capital of Banco de Sabadell, S.A. (the "Offer"), whose prior announcement was published as inside information on May 9, 2024 (with registration number 2241) and whose request for authorization was submitted to the Spanish Securities Market Commission (CNMV) on May 24, 2024, BBVA informs that:
The U.S. Securities and Exchange Commission (SEC) has granted relief to BBVA in respect of three matters to align certain time-related requirements set forth in the legislation that regulates public offerings in Spain and the United States.
The three matters in respect of which relief has been granted, permit BBVA, as will be described in the prospectus to make compatible certain time-related requirements set forth in the U.S. regulation and those set forth in the Spanish regulation, with respect to: (i) the entry into force of the US prospectus, (ii) the possibility of waiving the minimum acceptance condition on the terms set forth in Royal Decree 1066/2007 on Takeover Bids, and (iii) any adjustment to the Offer consideration resulting from the potential payment by Banco de Sabadell, S.A. of a dividend during the acceptance period.
The SEC letter granting the aforementioned relief is available on the SEC webpage at this link.
Madrid, September 4, 2025
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