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Extraordinary General Meeting of Shareholders 2020

General Meeting of Shareholders

01 December 2020

Bankia shareholders approve merger with CaixaBank

  • The resolution approves a swap of 0.6845 new ordinary shares of CaixaBank for each Bankia share and includes a 20% premium over the exchange ratio per the September 3rd close
  • The new bank will keep the CaixaBank brand and be the biggest bank in Spain, with more than 20 million customers and respective market shares in loans and deposits of 25% and 24%
  • The transaction will create value for customers and shareholders, improving efficiency levels and returns, on the strength of an excellent customer base that is highly diversified by sector and geographically
  • Bankia chairman José Ignacio Goirigolzarri assured that “we are embarking on a tremendously exciting project, one which fills us with pride and with responsibility as well”
  • Goirigolzarri said he was convinced that going forward the new bank formed by the merger of Bankia and CaixaBank will outperform what each of the two would do on their own

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  • 2020 Extraordinary General Meeting of Shareholders
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  • 2020 Extraordinary General Meeting of Shareholders
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  • 2020 Extraordinary General Meeting of Shareholders
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  • 2020 Extraordinary General Meeting of Shareholders
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  • 2020 Extraordinary General Meeting of Shareholders
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  • 2020 Extraordinary General Meeting of Shareholders
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  • 2020 Extraordinary General Meeting of Shareholders
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  • 2020 Extraordinary General Meeting of Shareholders
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  • 2020 Extraordinary General Meeting of Shareholders
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  • 2020 Extraordinary General Meeting of Shareholders
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