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Cnmv Forces Sabadell to Convene Two Boards to Approve the Sale of Tsb and the Macrodividend
9 Articles
9 Articles
Banco Sabadell gives way to the demands of the National Securities Market Commission (CNMV) and convenes two extraordinary shareholders' meetings for next August 6, when it is expected that they will decide on the sale of TSB and the distribution of a macrodividend as a result of that operation. According to a statement, the entity has stipulated a first appointment at 10 a.m. that will address the transfer of its British subsidiary to Banco San…
Next August 6 will be a busy day for the shareholders of Sabadell. The Catalan bank has decided to convene two shareholders’ meetings on the same day. One to say yes to the sale of its British subsidiary, TSB, to Santander and another to give green light to the payment of an extraordinary dividend of 2.5 billion from the money received by the operation.
The Catalan entity has decided to convene two general shareholders' meetings on an extraordinary basis.
The first meeting will take place from 10:00 a.m., and will allow shareholders to authorize "the disposal of the entire share capital of the subsidiary of the Sabadell Bank TSB Banking Group and other equity and securities instruments issued by this company." It should be recalled that the company announced this week the sale of its British subsidiary TSB for 3,100 million euros, although the final amount could amount to 3.4 billion. With the ca…
Banco Sabadell has finally decided to call two extraordinary general shareholders' meetings on the same day to vote on the sale of the British bank TSB and the distribution of a dividend of 50 cents per share. Specifically, the first meeting, which will address the sale of all TSB, along with other capital instruments and securities issued by the company, will take place at 10:00 a.m. on August 6. The second meeting will take place three hours l…
Banco Sabadell convenes two general shareholders' meetings extraordinary on the same day to put to the vote the sale of the British bank TSB and the distribution of a dividend of 50 cents per share. Specifically, the first meeting, which will deal with the sale of the total of TSB, together with other instruments of capital and securities issued by this company, will take place at 10 a.m. on August 6. The second meeting will take place three hou…
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