Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
14 Februar 2022 - 12:26PM
Edgar (US Regulatory)
UNITED STATES SECURITIES AND EXCHANGE
COMMISSION
WASHINGTON,
D.C. 20549
FORM 6-K
REPORT OF
FOREIGN ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of February, 2022
Commission file number: 1-10110
BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
(Exact name of Registrant as specified in its charter)
BANK BILBAO VIZCAYA ARGENTARIA, S.A.
(Translation of Registrants name into English)
Calle Azul 4,
28050 Madrid
Spain
(Address of
principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form
20-F or Form 40-F:
Form
20-F X
Form 40-F
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Yes
No X
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(7):
Yes
No X
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. (BBVA), pursuant to the provisions of the Securities
Market legislation, hereby communicates the following:
INSIDE INFORMATION
BBVA has reached an agreement with the company Neon Payments Limited (the Company) for the subscription of 492,692
preference shares of the Company (the Shares), representing approximately 21.7% of its share capital, through a share capital increase and in consideration of approximately USD 300 million1 (the Subscription).
The Company, a company incorporated and domiciled in the
United Kingdom, is the owner of 100% of the shares of the Brazilian company Neon Pagamentos S.A..
As at the date of this communication,
BBVA is already the indirect owner of approximately 10.2% of the share capital of the Company2. Upon completion of the Subscription, BBVA will hold direct and indirectly, approximately 29.7%3 of the share capital of the Company.
BBVA estimates that Subscription of the Shares and payment
of the price will take place during February 2022. BBVA and the other current shareholders of the Company will also enter into a shareholders agreement that will contain minority shareholders protection rights as it is customary in this kind
of transactions.
The Subscription of the Shares will imply a consumption of Common Equity Tier 1 (fully loaded) of approximately 10 basis
points4.
Madrid, February 14, 2022
1
|
Equal to approximately EUR 263 million, using the applicable EUR-USD
exchange rate as of February 11, 2022, this is 1.14.
|
2
|
Through Propel Venture Partners Global, S.L. and Propel Venture Partners Brazil, S.L.. BBVA
owns more than 99% of the share capital of these two companies.
|
3
|
Equal to approximately 25.6% of the share capital on a fully diluted basis (this is, assuming the issuance of all the
shares under all the current share options granted by the Company).
|
4
|
Calculated taking into consideration the BBVA groups financial statements as of December 31, 2021
|
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned, thereunto duly authorized.
|
|
|
|
|
|
|
|
|
Banco Bilbao Vizcaya Argentaria, S.A.
|
|
|
|
Date: February 14, 2022
|
|
|
|
By: /s/ Victoria del Castillo Marchese
|
|
|
|
|
|
|
|
|
|
|
|
|
Name: Victoria del Castillo Marchese
|
|
|
|
|
Title: Global Head of Strategy & M&A
|
BBVA Bilbao Vizcaya Arge... (NYSE:BBVA)
Historical Stock Chart
Von Feb 2024 bis Mär 2024
BBVA Bilbao Vizcaya Arge... (NYSE:BBVA)
Historical Stock Chart
Von Mär 2023 bis Mär 2024