Banco Santander shares to be floated on December 3

The management board of the Warsaw Stock Exchange has decided to enter 12,584,414,659 shares of Banco Santander into circulation on December 3, 2014. The nominal value of the shares is €0.50 each, the lender said in a statement. Banco Santander is the major stakeholder in Bank Zachodni WBK. The WSE debut was a condition imposed by the Financial Supervision Authority with the approval for the takeover of Kredyt Bank by BZ WBK, issued in 2012.