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Grupo Financiero Santander Mexico Announces Exercise Of Greenshoe Options

Stocks in this article: BSMX









MEXICO CITY, Oct. 3, 2012 /PRNewswire/ -- Grupo Financiero Santander Mexico, S.A.B. de C.V. (BMV: SANMEX; NYSE: BSMX) ("Santander Mexico") announced today that the international and local underwriters of the previously announced public offering have exercised their respective greenshoe options to purchase additional Series B shares and American Depositary Shares ("ADSs") from the selling shareholders, Banco Santander, S.A. and Santusa Holding, S.L. The option to purchase up to an additional 41,736,184 Series B shares in the local offering was exercised in full on September 28, 2012. The international underwriters exercised their option to purchase 178,405,195 Series B shares in the form of 35,681,039 ADSs, equivalent to 99.85% of their greenshoe option, on October 1, 2012.

The settlement dates of the local and international offerings were October 1, 2012 and October 3, 2012, respectively.  Santander Mexico did not receive any proceeds from the sale of the additional Series B shares and ADSs by the selling shareholders.

Following the exercise of the greenshoe options, Santander Mexico's global public offering amounted to a total of 1,689,543,408 Series B shares sold, including 319,977,408 Series B shares in the local offering and 1,369,566,000 Series B shares in the form of 39,750,000 Series B shares and 265,963,200 ADSs in the international offering.

The offering was made pursuant to a registration statement that was declared effective by the United States Securities and Exchange Commission on September 25, 2012. Copies of the final prospectus relating to the offering may be obtained from: Santander, Attn: Kathie Plaia, 45 East 53rd Street, New York, New York 10022, Telephone: +1-212-583-4629, Email: kplaia@external.santander.us; UBS Investment Bank, Attn: Prospectus Department, 299 Park Avenue, New York, NY, 10171 or by telephone toll free at 888-827-7275; Deutsche Bank Securities, 60 Wall Street, New York, NY 10005, Telephone: 1-800-503-4611, Email:  prospectus.cpdg@db.com; or BofA Merrill Lynch, Attn: Prospectus Department, 222 Broadway, 7th Floor, New York, NY 10038, Email: dg.prospectus_requests@baml.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

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