General Announcement::TURKIYE GARANTI BANKASI: ACQUISITION 14.89%

Issuer & Securities

Issuer/ Manager
BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Securities
BANCO BILBAO US$1.5B NCCPS - XS0926832907 - 2UUB
BANCO BILBAO EUR1.5B PER SEC - XS1033661866 - 2Y9B
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
20-Nov-2014 19:33:39
Status
New
Announcement Sub Title
TURKIYE GARANTI BANKASI: ACQUISITION 14.89%
Announcement Reference
SG141120OTHR3ED9
Submitted By (Co./ Ind. Name)
Jesus Bernal Matanza
Designation
Authorized user
Effective Date and Time of the event
20/11/2014 17:00:00
Description (Please provide a detailed description of the event in the box below)
BBVA has today entered into an agreement for:
The acquisition from Dogus Holding A.S., Ferit Faik ahenk, Dianne ahenk and Defne ahenk (together, the Sellers) of 62,538,000,000 shares of Turkiye Garanti Bankasi, A.S. ( Garanti Bank ) amounting to approximately 14.89% of the total issued share capital of Garanti Bank (the Acquisition and the Shares , respectively), at a maximum total consideration of 8.90 Turkish Liras per share1 (amounting to approximately a total maximum amount of 5,566 MM Turkish Liras and 1,988 MM Euros2). The referred consideration is divided as follows:

Attachments

20141119 HHRR v_Eng.pdf
Total size =78K