UNI-EN: Information on transactions made by the obliged persons
· 15 listopada 2017
This is a standard insider transaction notification required under ESPI/EBI regulations. MS. Belén Romana García, a director of Banco Santander S.A., received 1 ordinary share (ISIN: ES0113900037) as a free allotment at par value (€0.50) as part of a capital increase charged to reserves. The transaction occurred on November 7, 2017, on the S.I.B.E. (Spanish stock exchange). Free share allotments to directors are routine equity compensation mechanisms within large European banks' capital structures. This particular transaction involves only 1 share, indicating either a minimal compensation component or a single notification within a larger scheme. The value is immaterial at €0.50. The financing of this increase through reserves (rather than new capital injection) is consistent with routine equity restructuring common in mature financial institutions. No market price is disclosed because the shares were issued at par value with no external market purchase. This is a standard administrative compliance filing with no implications for equity valuation or shareholder dilution at material levels.
Kluczowe dane finansowe
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MS. Belén Romana GarcíaInsider Name
Director-level role at Banco Santander; obliged person under ESPI regulations
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Free allotment of sharesTransaction Type
Capital increase charged to reserves; no purchase price involved
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1 shareShares Granted
Ordinary share of €0.50 nominal value (ISIN: ES0113900037)
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2017-11-07Transaction Date
Notification published 2017-11-15; 8-day reporting lag
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EUR 0.50Par Value per Share
No market price; issued at par value in reserves-funded capital increase
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EUR 0.50Total Transaction Value
1 share × €0.50 par value = negligible market impact
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S.I.B.E.Exchange
Spanish stock exchange; Banco Santander is Spanish-listed entity
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Reserves (internal capital)Financing Source
Capital increase charged to reserves, not new external capital