SECURITIES AND EXCHANGE COMMISSION
Pursuant to Rule 13a-16 or 15d-16 of the
For the month of June, 2011
Commission File Number 1-14493
04707-000 - São Paulo, SP
Federative Republic of Brazil
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 _______ No ___X____
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TELECOMUNICAÇÕES DE SÃO PAULO S.A. – TELESP ANNOUNCES THE RESULT OF THE AUCTIONS FOR THE PLACEMENT OF THE SHARES RESULTING OF THE MERGER OF SHARES FROM VIVO PARTICIPAÇÕES S.A. INTO TELESP |
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São Paulo, Brasil – June 28, 2011 – Telecomunicações de São Paulo S.A. - Telesp. (“Telesp”), (BOVESPA: TLPP3 (Common), TLPP4 (Preferred), NYSE: VIV), announces today the total amount of fractions of common and preferred shares resulting from the corporate restructuring between the Company and Vivo Participações S.A. on April 27, 2011 and sold in the auctions held on June 20, 2011 and June 27, 2011 in the BM&FBOVESPA S.A. – Bolsa de Valores, Mercados e Futuros (“BM&FBOVESPA”) and the respective amounts per share to be credited to the shareholders pro rata to the fractions held by them before the auctions;
Auction of June 20, 2011
| Code |
Class |
Number of Shares Offered |
Number of Shares Sold |
Net Amount Per Share (1) |
TLPP3 |
Common shares |
302,205 |
39,203 |
R$ 40.0714616 |
TLPP4 |
Preferred shares |
429,472 |
429,472 |
R$ 45.1253577 |
Auction of June 27, 2011
Symbol |
Class |
Number of Shares Offered |
Number of Shares Sold |
Net Amount Per Share (1) |
TLPP3 |
Common shares |
263,002 |
263,002 |
R$ 40.1041550 |
Total
Symbol |
Class |
Number of Shares Offered |
Number of Shares Sold |
Net Amount Per Share (1) |
TLPP3 |
Common shares |
302,205 |
302,205 |
R$ 40.0999139 |
TLPP4 |
Preferred shares |
429,472 |
429,472 |
R$ 45.1253577 |
The results of the sale of the common and preferred shares negotiated until auction held on June 27, 2011 will be made available to shareholders who were entitled to fractional shares as from July 4, 2011, in the following manner:
a) The shareholders whose shares are in custody of Banco Bradesco S.A (“Bradesco”) shall attend to any agency of the referred bank to receive the amounts due to them;
b) The amount corresponding to the Shareholders that are in custody of the BM&FBovespa will be directly credited for them, which shall send it to the shareholders through the custody agents; and
c) In case of Shareholders whose shares are blocked or the register is not updated, the corresponding amount will be kept by the Company and at the disposal of the respective Shareholder, exclusively for payment, and shall be paid by means of the presentation of any document that evidences the raising of blocked shares or the shareholder identification, as the case may be, before any agency of Bradesco, the institution depositary of the registered book-entry shares issued by the Company.
São Paulo, June 28, 2011
Gilmar Roberto Pereira Camurra
Investor Relations Officer
Telecomunicações de São Paulo S.A. – Telesp and Vivo Participações S.A.
For more information’s please contact:
Telesp – Investor Relations Officer
Tel: +55 11 3549 7200
Email: ri.telefonicabr@telefonica.com.br
Information’s available: www.telefonica.com.br
Vivo Participações S.A.
Investor Relations Officer
Tel: 55 11 7420-1172
Email: ir@vivo.com.br
Information available: www.vivo.com.br/ri
(1) Net Value of broker, settlement fee and fees..
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: June 29, 2011
VIVO PARTICIPAÇÕES S.A. |
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By: |
/S/ Gilmar Roberto Pereira Camurra
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Gilmar Roberto Pereira Camurra
Investor Relations Officer |
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