Last checked at 14 Oct 2011 17:45
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), in compliance with the Securities Market legislation,hereby proceeds by means of the present document to notify the following:
RELEVANT EVENT
Further to the relevant facts dated September 15, 2011 and September 27, 2011, BBVA hereby communicates that the trading period for the free allotment rights of the free-of-charge capital increase adopted under Agenda item five section 5.2 by the Annual General Meeting of Banco Bilbao Vizcaya Argentaria, S.A. shareholders held on March 11, 2011 and corresponding to the "Dividendo Opción" program, has ended today, October 14, 2011.
During the period set for that purpose, the holders of 8.99% of the free allotment rights have accepted BBVA's undertaking to acquire such free allotment rights. Consequently, BBVA has acquired 433,637,066 rights for a total consideration of 43,363,706.60 Euros. BBVA has waived the free allotment rights so acquired.
The holders of the remaining 91.01% of the free allotment rights have chosen to receive new BBVA ordinary shares. Thus, the definitive number of BBVA ordinary shares of 0.49 Euros of par value issued in the free-of-charge capital increase will be 78,413,506, and the amount of the capital increase will be 38,422,617.94 Euros.
It is envisaged that the authorization for the admission to listing of the new shares in the Spanish Stock Exchanges will be granted on October 24, 2011, so that ordinary trading of such shares in Spain will commence on October 25, 2011. Admission to listing of the new shares (including American Depositary Shares underlying new shares) in the other Stock Exchanges where BBVA is listed shall also be requested.
Madrid, October 14, 2011