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 March 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

 

 

 



 

 

Announcement  |  Lisbon  |  20 March 2014

 

Qualified Holding

 

Portugal Telecom, SGPS, S.A. (“PT”) hereby informs that UBS AG (“UBS AG”) now holds more than 5% of the share capital of PT.

 

On 13 March 2014, UBS AG, Zurich and Basel acquired a total of 1,018,400 PT ordinary shares, over the counter. As a result of such transaction, UBS AG holds a qualified holding corresponding to a total of 45,736,067 PT ordinary shares representing 5.1% of PT’s share capital and corresponding voting rights as follows:

 

·                  29,492,450 shares representing 3.29% of the share capital and voting rights in PT are held by UBS AG;

·                  7,032,261 shares representing 0.78% of the share capital and voting rights in PT are held in the name of UBS AG on behalf of several of its clients;

·                  9,211,355 shares representing 1.03% of the share capital and voting rights in PT are held by the following subsidiaries of UBS AG:

 

·                  CCR Asset Management: 1,265,840 PT shares;

·                  UBS Financial Services Inc.: 23,569 PT shares;

·                  UBS Fund Management (Switzerland) AG: 767,420 PT shares;

·                  UBS Fund Services (Luxembourg) SA: 5,545,370 PT shares;

·                  UBS Global Asset Management (Australia) Ltd: 12,538 PT shares;

·                  UBS Global Asset Management (Hong Kong) Ltd: 729,693 PT shares;

·                  UBS Global Asset Management (Japan) Ltd: 366,447 PT shares;

·                  UBS Global Asset Management (Singapore) Ltd: 27,438 PT shares;

·                  UBS Global Asset Management (UK) Ltd: 352,322 PT shares;

·                  UBS Global Asset Management Life Ltd: 120,718 PT shares.

 

This statement is pursuant to the terms and for the purposes of articles 17 of the Portuguese Securities Code and 2 of the Portuguese Securities Commission Regulation no. 5/2008, following a communication received by fax from UBS AG, Postfach 8098 Zurich, Switzerland.

 

Portugal Telecom, SGPS SA

Avenida Fontes Pereira de Melo, 40

1069-300 Lisboa

Portugal

Public company

Share capital Euro 26,895,375

Registered in the Commercial
Registry Office of Lisbon

and Corporation no. 503 215 058

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.

 

Nuno Vieira

Investor Relations Director

nuno.t.vieira@telecom.pt

Tel.: +351 21 500 1701

Fax: +351 21 500 0800

 

www.telecom.pt

 

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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: March 20, 2014

 

 

PORTUGAL TELECOM, SGPS, S.A.

 

 

 

 

 

 

By:

/s/ Nuno Vieira

 

 

 

Nuno Vieira

Investor Relations Director

 

 

 

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.

 

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