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 July 2009

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           

 

 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     

 

 

 

 

 

 

 

 

 

Announcement  |  Lisbon  |  7 July 2009

Qualified Holding

 

 

Portugal Telecom, SGPS S.A. (“PT”) informs that Banco Bilbao Vizcaya Argentaria, S.A. (“BBVA”) now holds less than 2% of the voting rights corresponding to the share capital of PT.

 

Such new holding resulted from the disposal, in an over-the-counter transaction occurred on 25 June 2009, of a total of 9,020,000 PT shares.

 

Additionally, PT was informed that, as a result of the above mentioned transaction, a holding of 14,205,612 ordinary shares, representing 1.585% of PT’s share capital and corresponding voting rights is now attributed to BBVA, under the following terms:

 

·      13,843,180 shares representing 1.544% of the share capital and voting rights in PT held by Banco Bilbao Vizcaya Argentaria, S.A.;

 

·      87,721 shares representing 0.010% of the share capital and voting rights in PT held by BBVA Patrimonios Gestora S.G.I.I.C., S.A.;

 

·      217,878 shares representing 0.024% of the share capital and voting rights in PT held by Banco Bilbao Vizcaya Argentaria (Portugal), S.A.;

 

·      56,833 shares representing 0.006% of the share capital and voting rights in PT held by BBVA Gest – Sociedade Gestora de Fundos de Investimento Mobiliário, S.A..

 

This statement is pursuant to the terms and for the purposes of article 17 of the Portuguese Securities

Code, following a communication received from Banco Bilbao Vizcaya Argentaria, S.A., a bank incorporated under the laws of Spain, with registered office at Plaza de San Nicolás, no 4, Bilbao, Spain, with tax number A-48/265169.

 

 

 

 

Portugal Telecom, SGPS, SA Avenida Fontes Pereira de Melo, 40 1069-300 Lisbon 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
1/1				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: July 7, 2009

 

	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.