Waiver to launch tender offer for Metrovacesa (9234J)
07 July 2011 - 3:13AM
UK Regulatory
TIDMBNC
RNS Number : 9234J
Banco Santander S.A.
06 July 2011
Following our communication of last 4(th) July 2011, Banco
Santander, S.A. ("Banco Santander") hereby announces that the Board
of Directors of the Spanish National Securities Market Commission
(Comision Nacional del Mercado de Valores) resolved today to exempt
Banco Santander from the obligation to launch a public tender offer
over 100% of the voting share capital of Metrovacesa, S.A. within
the framework of the share capital increase approved by the Annual
General Meeting of the latter company held on 28(th) June 2011.
Boadilla del Monte (Madrid), 6(th) July 2011
This information is provided by RNS
The company news service from the London Stock Exchange
END
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