REG - Banco Bil.Viz.Argent - CNMC's Resolution on Commencement of Second Phase

Banco Bilbao Vizcaya Argentaria SAAnnouncement

12/11/2024 18:00

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RNS Number : 9710L  Banco Bilbao Vizcaya Argentaria SA  12 November 2024

 

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. ("Banco Sabadell") (the "Offer"), for
which the prior announcement was published as inside information on May 9,
2024 (with registration number 2241) and the request for authorisation was
submitted to the Spanish Securities Market Commission (CNMV) on May 24, 2024,
BBVA informs that, as of today, it has received the resolution of the National
Commission on Markets and Competition (CNMC) in which it decides to initiate
the second phase of the analysis of the economic concentration resulting from
the Offer.

As indicated in the prior announcement of the Offer, the effectiveness of the
Offer is contingent upon obtaining the authorization from the CNMC, in
accordance with the provisions of Article 26.1 of Royal Decree 1066/2007, of
July 27, on the rules governing tender offers.

 

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Madrid, November 12,  2024

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