Bankinter S.A. - Liberbank SA (LBK) Liberbank: Shareholdersâ€™ meeting approves the capital increase

Report

Bankinter S.A.

Marisa Mazo

Liberbank: Shareholdersâ€™ meeting approves the capital increase

Shareholders’ meeting approves the capital increase

The Extraordinary Shareholders’ meeting held this morning has approved the €500mn capital increase as was expected. In addition, the meeting has agreed: (a) reduction of the nominal value of shares to €0.02 from €0.90, including the approval of balance sheet as of June, 2017 that is the base information for the capital reduction; (b) capital increase of an effective value of €500mn, with the specific detail of the issuance being approved by the Board of Directors and; (c) maintenance of the number of members of the Board at 15.

09/10/2017 4 EN

Underlying

Liberbank SA

Liberbank SA is a Spain-based company engaged in the commercial banking activities. It specializes in providing consumer loans. Furthermore, the Bank offers a range of services for entrepreneurs: savings accounts, loans, factoring, payments management, investment funds, import and export financing, guarantees, as well as commercial insurance, among others. The Bank operates through a chain of retail offices in Asturias, Cantabria, Castile La Mancha and Extremadura. It also manages such brands as Cajastur, Caja Extramadura, Caja Cantabria and CCM.

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ES0168675090 Madrid Stock Exchange Spain

Provider

Bankinter S.A.

Bankinter S.A. is a Spanish brokerage firm established in 1989. The company's line of business includes the provision of market research and trading services for Equity and Fixed Income products.

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Analysts

Marisa Mazo

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