REG - Banco Santander S.A. - End of the Programme & 9 - 28 Nov Transactions

Banco Santander SAAnnouncement

26/11/2021 12:05

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RNS Number : 7595T  Banco Santander S.A.  26 November 2021

Banco Santander, S.A., in compliance with the Securities Market legislation,
hereby communicates the following:

OTHER RELEVANT INFORMATION

End of the Buy-back Programme

Reference is made to our notice of inside information of 6 October, 2021
(official registry number 1086) relating to the buyback programme of own
shares (the "Buy-back Programme" or the "Programme") approved by the Board of
Directors of Banco Santander, S.A. (the "Company" or "Banco Santander"). Banco
Santander informs that, after the last acquisitions mentioned below, the
maximum investment provided for in the Buy-back Programme, i.e. 841 million
euros was reached, implying the acquisition of a total of 259,930,273 own
shares, representing approximately 1.499% of the Company's share capital. The
acquisition of shares under the Buy-back Programme has been communicated on a
regular basis, pursuant to the provisions of article 2.2 and 2.3 of the
Commission Delegated Regulation (EU) No. 2016/1052. The Buy-back Programme has
therefore been terminated as a consequence of the above and in accordance with
the terms set out when it was announced.

As disclosed when the Buy-back Programme was launched, its purpose was to
reduce the Bank's share capital by redeeming the shares acquired under the
Buy-back Programme in a capital reduction expected to be submitted for
approval at the 2022 Ordinary General Shareholders' Meeting.

Last transactions executed under the Programme.

Moreover, pursuant to article 5 of Regulation (EU) no. 596/2014 on Market
Abuse of 16 April 2014, and articles 2.2 and 2.3 of Commission Delegated
Regulation (EU) 2016/1052, of 8 March 2016, the Company informs -on the basis
of the information received from Morgan Stanley Europe SE as intermediary in
charge of executing the Buy-back Programme- that the transactions executed as
part of the Buy-back Programme, between 19 and 25 November 2021 (both
included) were as follows:

 

 Date        Security  Transaction  Trading venue  Number of shares  Weighted average price (€)
 19/11/2021  SAN.MC    Purchase     XMAD           9,695,299         €3.0698
 22/11/2021  SAN.MC    Purchase     XMAD           10,249,680        €3.0835
 23/11/2021  SAN.MC    Purchase     XMAD           10,426,600        €3.0790
 24/11/2021  SAN.MC    Purchase     XMAD           10,655,100        €3.0712
 25/11/2021  SAN.MC    Purchase     XMAD           9,157,731         €3.0526
 TOTAL                                             50,184,410

 

Issuer name: Banco Santander, S.A. - LEI 5493006QMFDDMYWIAM13

 

Reference of the financial instrument: ordinary shares - Code ISIN
ES0113900J37

 

Detailed information of the transactions carried out within the referred
period is attached as Annex I.

Boadilla del Monte (Madrid), 26 November 2021

 

ANNEX I

Detailed information on each of the transactions carried out within the
context of the Buy-back Programme between 19
(https://www.santander.com/content/dam/santander-com/en/documentos/compliance/do-santander-buyback-disclosure-annex-i-20211125-en.pdf)
(th
(https://www.santander.com/content/dam/santander-com/en/documentos/compliance/do-santander-buyback-disclosure-annex-i-20211125-en.pdf)
) and 25
(https://www.santander.com/content/dam/santander-com/en/documentos/compliance/do-santander-buyback-disclosure-annex-i-20211125-en.pdf)
(th
(https://www.santander.com/content/dam/santander-com/en/documentos/compliance/do-santander-buyback-disclosure-annex-i-20211125-en.pdf)
) November,  2021 (both included)
(https://www.santander.com/content/dam/santander-com/en/documentos/compliance/do-santander-buyback-disclosure-annex-i-20211125-en.pdf)

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