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Banco Bilbao Vizcaya Argentaria S.A.

M&A Activity Sep 30, 2019

1796_rns_2019-09-30_dfa4027e-97bd-4f76-a3fb-9b411693c089.html

M&A Activity

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National Storage Mechanism | Additional information

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RNS Number : 0467O

Banco Bilbao Vizcaya Argentaria SA

29 September 2019

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), in compliance with the Securities Market legislation, hereby communicates the following: 

INSIDE INFORMATION

Given the recent media reports and at the express request of the CNMV, BBVA informs that, among the various approaches that have taken place by third parties interested in Distrito Castellana Norte, S.A. (hereinafter DCN), the company Merlin Properties Socimi, S.A. has shown interest in the project. Such interest has resulted in preliminary conversations that, at this time, do not continue.

Due to the importance and uniqueness of the project, and after the recent approval by the City Council of Madrid, it is logical that financial and industrial investors show interest in it. As a majority shareholder of DCN, BBVA's priority today is to advance with the approval process of the project and ensure its success.

Madrid, September 29, 2019

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

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