Current Report no. 21 (2022)
Early redemption of certificates of deposit series 1/2021.
The Management Board of Santander Bank Polska S.A. ("Bank") reports that on 22 November 2022 the Bank made a decision to exercise an option of early redemption of certificates of deposit series 1/2021 ISIN: PLBZ00000317 ("CDs") in accordance with the CD Issue Terms and Conditions. The early redemption will take place on the Interest Payment Date falling on 22 December 2022 ("Redemption Date") and will cover all the CDs issued, i.e. 1,500 CDs at their nominal value, for the total amount of PLN 750,000,000. On the Redemption Date, the Bank will pay the CD Holders an amount equal to the sum of the nominal value of the CD and the amount of interest accrued from the start date of the Interest Period (inclusive) to the Redemption Date (exclusive) ("Redemption Amount"). The Redemption Amount will be paid to the CD Holders who will hold the CDs on the date of determining the right to the interest, i.e. 14 December 2022. The CDs will be redeemed through and in accordance with the regulations of the Central Securities Depository of Poland (KDPW).
Article 17(1) of the MAR - inside information.