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CaixaBank SA : The Company files information regarding the result and the conversion price for the Mandatorily Convertible Bonds Series C/2012.

07/04/2013 | 03:40am US/Eastern
Significant Event

As a follow up to significant event number 188,490, published on 30 May 2013, CaixaBank, S.A. ("CaixaBank") hereby informs that the conversion and exchange price of the Subordinated Mandatorily Convertible and/or Exchangeable Bonds Series C/2012 issued in May 2012 by Banca Cívica, S.A. (currently, CaixaBank) (the "Bonds") has been set at 2.518 euros per share. This conversion and exchange price corresponds to the weighted average of the weighted average quotation price for CaixaBank's shares during the 15 trading days prior to 30 June 2013, that is, from 10 to 28 June 2013, calculated by the Barcelona Stock Exchange.
In view of this conversion and exchange price, and in order to carry out the mandatory conversion and exchange of all the Bonds, CaixaBank:
(i) has issued 92,161,318 new ordinary shares by means of the partial execution of the share capital increase approved by its Extraordinary General Shareholders' Meeting of 26 June 2012, for an aggregate issue price of 232,062,198.72 euros;
(ii) will transfer 25,000,000 treasury shares for an aggregate exchange price of 62,950,000 euros; and
(iii) will pay an aggregate amount of 12,790.51 euros in cash in consideration for the fractions resulting from the calculation of the shares corresponding to the holders of the converted and exchanged Bonds, pursuant to the terms of the issue.
As a result of the mandatory conversion of all the Bonds and the share capital increase, CaixaBank's share capital amounts to 4,736,358,755 euros, divided into 4,736,358,755 shares with a face value of one euro, and all the Bonds will be redeemed.
The public deed for the mandatory conversion and exchange of the Bonds, share capital increase and redemption of Bonds was granted today.

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Following the registration of such public deed in the Commercial Registry of Barcelona, a request will be made for the new shares to be admitted to trading in the four Spanish Stock Exchanges and in the Spanish Automated Quotation System (Sistema de Interconexión Bursátil) or Mercado Continuo, which is expected to take place in the next few days. The market will be informed of the admission to trading of the new shares.
The new shares are ordinary shares, of the same class and series as the existing shares, with a face value of one euro. Holders of the new shares have the same rights as holders of the existing ones from the moment the new shares are registered in their name in the relevant registries.
Barcelona, 3 July 2013

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