Current Report no. 14 (2024)
Information about transactions executed in the course of the own shares buy-back.
In relation to current report no. 5/2024 and no 9/2024, the Management Board of Santander Bank Polska S.A. (Bank) hereby announces that as part of exercising the buy-back programme of the Bank's shares, the conditions of which were established in the Banks' Management Board resolution of 16 February 2024 (Resolution and Buy-back) pursuant to the authorisation granted in the Annual General Meeting resolution no. 29 of 19 April 2023 regarding authorising the Management Board to purchase (buy-back) the Bank shares to execute Incentive Plan VII and to create a capital reserve for that purpose, the Bank purchased its own shares in transactions described in appendix 1 and 2 to this report in order to meet its commitments to allot shares to the Bank's group employees who are participants in Incentive Plan VII, i.e. to pay out awards for 2023 and the deferred awards due for 2022 to be paid in 2024 to these participants.
Appendix 1 includes detailed data on transactions and appendix 2 includes the aggregated data - related to transactions made from 26 February 2024 to 1 March 2024.
Transactions were carried out through the Bank's brokerage house, i.e. Santander Biuro Maklerskie.
Taking into account the share purchase transactions presented in appendix 1 and 2, as at the end of 1 March 2024 the Bank, in the course of current Buy-back implementing the Incentive Plan VII, has entered into transactions involving 68 602 of its own shares in total (including its own shares purchased as part of the Plan and outside the Plan) which represent 0.067% of the Bank's share capital and which give 0.067% of votes in the total number of votes at the General Meeting. At the same time, the Bank informs that as at the end of 1 March 2024 it has given instructions to transfer 36 607 shares to the brokerage accounts of the participants of Incentive Plan VII.
Legal basis:
Article 2 (2) and (3) of the of Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the conditions applicable to buy-back programmes and stabilisation measures and in relation to Article 5 (3) of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC.
13:17, 4 Mar 2024