Banco Santander S.A. — Delisting Announcement 2014

Oct 31, 2014

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RNS Number : 8040V

Banco Santander S.A.

31 October 2014

MATERIAL FACT

Banco Santander, S.A. ("Banco Santander") informs of the termination of the acceptance period of 

the exchange offer made for the shares of Banco Santander (Brasil) S.A. ("Santander Brasil") that are not held by Grupo Santander, which was formally launched on September 18, 2014 (the "Offer"). 

Securities representing 13.65% ofSantander Brasil's share capital have been tendered in the Offer. 

Therefore, Grupo Santander's shareholding in Santander Brasil will increase to 88.30% of its share capital.

To satisfy the exchange Banco Santander will issue 370,937,066 shares, which represent approximately

3.09% of Banco Santander's share capital as of this date, pursuant to the resolution passed by the extraordinary

general shareholders' meeting held on September 15, 2014.

The percentage of shares tendered is below the threshold provided in the documentation relating to the Offer published in Brazil and in the United States for the holders of securities of Santander Brasil whohave not tendered in the Offer to have the right to sell themto Banco Santander during a 3-month subsequent offering period at the same exchange ratio.  Hence, suchright shall notexist.

Boadilla del Monte (Madrid), October 31, 2014

This information is provided by RNS

The company news service from the London Stock Exchange

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