Current Report no. 52 (2014)
Notification from Banco Santander S.A.
Bank Zachodni WBK S.A. (the “Bank”) hereby discloses as public information the notification received from Banco Santander S.A. (“Santander”) on 7 October 2014 regarding the decrease of Santander’s share in the total number of votes at the general meeting of the shareholders of the Bank from 71.41% to 69.41% in relation to the settlement of the accelerated book building regarding the shares in the Bank on 6 October 2014.
The Transaction was effected as a result of Santander’s undertaking toward the Polish Financial Supervisory Authority (the “PFSA”) made in connection with obtaining the PFSA’s approval for the merger of the Bank and Kredyt Bank S.A. to keep the free float of the Bank’s shares at a level not lower than 30%.
Prior to the completion of the Transaction, Santander held shares in the Bank representing 71.41% of the total number of votes at the general meeting of the shareholders of the Bank. After the completion of the Transaction, Santander holds shares in the Bank representing 69.41% of the total number of votes at the general meeting of the shareholders of the Bank.
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Legal basis:
Article 70 section 1 in connection with Article 69 section 2.2 of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading and Public Companies dated 29 July 2005 (amended and restated: Journal of Laws of 2009, No. 185, item 1439, as amended).