Bbva Ord Regulatory News (BVA)

12 Feb 2007 18:18

Banco Bilbao Vizcaya Argentaria SA12 February 2007 "The Board of Directors of Banco Bilbao Vizcaya Argentaria, S.A., in its meetingon 12th February 2007, has resolved to convene an Annual General Meeting ofShareholders, which will be held in Bilbao, at the Palacio Euskalduna, onAbandoibarra Street No4, on 15th March 2007, at 12.00 hours under firstsummons, and in the same place at the same time on 16th March 2007 under secondsummons, according to the following AGENDA ONE.- Examination and approval, where forthcoming, of the annual accounts andmanagement report for Banco Bilbao Vizcaya Argentaria, S.A. and its consolidatedfinancial group. Application of earnings; dividend payout. Approval of corporatemanagement. All these refer to the year ended 31st December 2006. TWO.- Adoption, where forthcoming, of the following resolutions on theappointment and ratification of board members: 2.1.- Appointment of Mr Rafael Bermejo Blanco 2.2.- Ratification of Mr Richard C. Breeden 2.3.- Ratification of Mr Ramon Bustamante y de la Mora 2.4.- Ratification of Mr Jose Antonio Fernandez Rivero 2.5.- Ratification of Mr Ignacio Ferrero Jordi 2.6.- Ratification of Mr Roman Knorr Borras 2.7.- Ratification of Mr Enrique Medina Fernandez Pursuant to paragraph 2 of article 34 of the corporate bylaws, determination ofthe number of directors at whatever number they are at this moment, according tothe resolutions adopted under this agenda item, which will be reported to theAGM for all due effects. THREE.- Increase by €30,000,000,000.- (THIRTY BILLION EUROS) the maximum nominalamount against which the AGM, 18th March 2006 under its agenda item three,authorises the board of directors to issue fixed-income securities of any kindand nature, including redeemable and exchangeable bonds, non-convertible intoequity. FOUR.- Authorisation for the Company to acquire treasury stock directly orthrough Group companies, pursuant to article 75 of the Consolidated Text of theCompanies Act, establishing the limits and requirements for these acquisitions,with express powers to reduce the Company's share capital to redeem treasurystock. Conferral of necessary authority to the board of directors to implementthe resolutions passed by the AGM in this respect, repealing the authorisationconferred by the AGM, 18th March 2006. FIVE.- Re-election of the auditors for the 2007 accounts. SIX.- Amendment of article 36, "Term and renewal of directorships" in thecorporate bylaws in order to eliminate the annual renewal of one fifth of theBoard of Directors. SEVEN.- Constitution of a foundation for economic and social development andcooperation through microfinance activities. EIGHT.- Conferral of authority to the board of directors, which may in turndelegate said authority, to formalise, correct, interpret and implement theresolutions adopted by the AGM. This information is provided by RNS The company news service from the London Stock Exchange