Banco Bilbao Vizcaya Argentaria S.A. : Convertible Bonds Price Conversion
06/29/2012| 02:37pm US/Eastern
Recommend:
Banco Bilbao Vizcaya Argentaria, S.A. ("BBVA"), in compliance
with the
Securities Market legislation, hereby communicates the
following:
RELEVANT EVENT
Further to the relevant event filing, 22nd June
2012, BBVA hereby discloses that the Conversion Price for the
mandatory partial conversion of the subordinated mandatory
convertible bonds - December 2011 issued by BBVA (the
"Convertible Bonds") is 5.1844 euro, pursuant to
the certificate issued by the Bilbao securities exchange,
determining the arithmetic mean of the closing prices of BBVA
stock on the SIBE exchange interconnection system over the
five days' trading prior to 30th June
2012.
Likewise, in compliance with section 4.6.3.b) of the
Securities Note, the conversion ratio is 9.644318.
Madrid, 29th June 2012
distributed by
|
|
Recommend :
