SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
For the month of May 2014
Commission File Number 1-13758
PORTUGAL TELECOM, SGPS, S.A.
(Exact name of registrant as specified in its charter)
Av. Fontes Pereira de Melo, 40
1069 - 300 Lisboa, Portugal
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F x Form 40-F o
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes o No x
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Announcement | Lisbon | 9 May 2014
Qualified Holding and Long Position
Portugal Telecom, SGPS S.A. (“PT”) informs hereby informs that Barclays Plc now holds less than 2% of the voting rights corresponding to the share capital of PT.
This change resulted from the sale, by Barclays Capital Securities Limited, of 20,000,000 PT shares, on 6 May 2014.
As a result of such transaction, a holding corresponding to 10,282,748 ordinary shares representing 1.15% of PT’s share capital and corresponding voting rights is now attributed to Barclays Plc.
It was further communicated that Barclays Capital Securities Limited currently holds the following financial instruments:
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Financial Instrument |
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Nr. of shares |
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Expiry date |
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% of share capital |
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Contract for Difference |
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284,829 |
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n.a. |
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0.03 |
% |
Finally, PT was informed that Barclays Plc holds the position identified above as follows:
· Barclays Wealth Managers Portugal — SGFIM S.A.: 93,000 ordinary shares held, representing 0.01% of the share capital and voting rights in PT;
· Barclays Bank Plc: 160,312 ordinary shares held, representing 0.02% of the share capital and voting rights in PT;
· Barclays Capital Inc: 987,900 ordinary shares held, representing 0.11% of the share capital and voting rights in PT;
· Barclays Capital Securities Limited: 8,756,707 ordinary shares held, representing 0.98% of the share capital and voting rights in PT, and 284,829 ordinary shares via cash settled financial instruments, representing 0.03% of the share capital and voting rights in PT.
This statement is pursuant to the terms and for the purposes of articles 17 of the Portuguese Securities Code and 2 and 2-A of the Portuguese Securities Commission Regulation no. 5/2008, following a communication received from Barclays Plc, a company incorporated under the laws of the United Kingdom, with registered office at 1 Churchill Place, London E14 5HP, United Kingdom.
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Portugal Telecom, SGPS, SA |
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Public company |
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Portugal Telecom is listed on the Euronext and New York Stock Exchange. Information may be accessed on the Reuters under the symbols PTC.LS and PT and on Bloomberg under the symbol PTC PL. |
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Nuno Vieira |
www.telecom.pt
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: May 9, 2014
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PORTUGAL TELECOM, SGPS, S.A. | |
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By: |
/s/ Nuno Vieira |
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Nuno Vieira |
FORWARD-LOOKING STATEMENTS
This document may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management’s current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words “anticipates”, “believes”, “estimates”, “expects”, “plans” and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.