Banco Santander México As Successor Of Grupo Financiero Santander México Announces Exchange Of Shares, Initial Listing And Symbol Change To "BSMX" On The BMV

MEXICO CITY, Jan. 18, 2018 /PRNewswire/ -- Banco Santander (México), S.A. Institución de Banca Múltiple, Grupo Financiero Santander México (BMV: SANMEX; NYSE: BSMX) ("Banco Santander México" or the "Bank") as successor of Grupo Financiero Santander México, S.A.B. de C.V. ("Grupo Financiero Santander Mexico"), pursuant to the press release published on December 8, 2017, hereby informs Shareholders that:

Recitals

Material Fact Announcement

Pursuant to the terms of the exchange notice published on the date hereof, the shareholders of Grupo Financiero Santader Mexico, the merged entity, will receive 1 (one) share of Banco Santander Mexico, the merging entity and successor of Grupo Financiero Santander Mexico, for each share they hold of Grupo Financiero Santander Mexico and will become shareholders of Banco Santander Mexico.

As a result of  the above, and pursuant to the terms of the merger approved at their respective shareholders meetings, on January 29, 2018, the share certificates representing the common stock of Grupo Financiero Santander Mexico, the merged entity, will no longer be listed on the BMV and the shares of Banco Santander Mexico will be listed on the BMV under the ticker symbol "BSMX", thereby consummating the merger in question.

Additionally, the initial trading price of Banco Santander Mexico shares on their first day of trading on the BMV will be the same as the price of Grupo Financiero Santander Mexico shares at the close of business on the immediately preceding business day. Furthermore, all transactions carried out with shares of Grupo Financiero Santander during the 25^th and 26^th of January 2018, will be settled within 24 hours and on the same day, respectively.

As of January 29, 2018, Banco Santander Mexico will replace Grupo Financiero Santander Mexico in all of the BMV indexes of which Grupo Financiero Santander Mexico is a member as of such date.

This material fact announcement does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor will there be any offer, solicitation or sale of 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 such state or jurisdiction.

About Grupo Financiero Santander México, S.A.B. de C.V. (NYSE: BSMX BMV: SANMEX)
Grupo Financiero Santander México, S.A.B. de C.V. (Santander México), one of Mexico's leading financial services holding companies, provides a wide range of financial and related services, including retail and commercial banking, securities brokerage, financial advisory and other related investment activities. Santander México offers a multichannel financial services platform focused on mid- to high-income individuals and small- to medium-sized enterprises, while also providing integrated financial services to larger multinational companies in Mexico. As of September 30, 2017, Santander México had total assets of Ps.1,236 billion and more than 15 million customers. Headquartered in Mexico City, the Company operates 1,076 branches and 325 offices nationwide and has a total of 17,528 employees.

View original content:http://www.prnewswire.com/news-releases/banco-santander-mexico-as-successor-of-grupo-financiero-santander-mexico-announces-exchange-of-shares-initial-listing-and-symbol-change-to-bsmx-on-the-bmv-300585052.html

SOURCE Grupo Financiero Santander Mexico, S.A.B. de C.V.