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 October 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  |  27 October 2014

 

Qualified holding

 

Portugal Telecom, SGPS S.A. (“PT”) informs that Bestinver Gestión, S.A., SGIIC (“Bestinver”) now holds more than 2% of the voting rights corresponding to the share capital of PT.

 

This qualified holding results from the acquisition by Bestinver, on 20 October 2014, of 3,040,869 PT ordinary shares representing 0.34% of PT’s share capital. As a result of such transaction, Bestinver now holds 19,548,538 PT ordinary shares representing 2.18% of PT’s share capital and corresponding voting rights.

 

PT was further informed that the shares reported in this disclosure are held by the following entities:

 

Investment Institutions and Pension Funds

 

Shares

 

% Voting Rights

 

Bestinver Empleo, F.P.

 

26,599

 

0.003

%

Bestinver Bolsa, F.I.M.

 

8,220,319

 

0.92

%

Bestinver Ahorro Fondo de Pensiones

 

386,889

 

0.04

%

Bestinver Empleo III Fondo de Pensiones

 

6,199

 

0.001

%

Bestinver Hedge Value Fund, FIL

 

925,490

 

0.10

%

Bestinver Prevision F.P.

 

43,872

 

0.005

%

Bestinver Grandes Compañías, F.I.

 

589,527

 

0.07

%

Bestinver Global F.P.

 

1,099,521

 

0.12

%

Bestinver Mixto, F.I.M.

 

526,646

 

0.06

%

Bestvalue F.I.

 

885,620

 

0.10

%

Divalsa de Inversiones SICAV

 

25,498

 

0.003

%

Bestinver SICAV-Bestinfund

 

239,173

 

0.03

%

Bestinver Empleo II, F.P.

 

8,633

 

0.001

%

Bestinver Futuro EPSV

 

20,936

 

0.002

%

Bestinver SICAV - Iberian

 

862,225

 

0.10

%

Bestinver Renta F.I.M.

 

153,613

 

0.02

%

Orgor de Valores, SICAV, S.A.

 

7,396

 

0.001

%

Tura Investment SICAV, S.A.

 

8,769

 

0.001

%

Toro Capital, SICAV, S.A.

 

9,830

 

0.001

%

Perco Patrimonial SICAV, S.A.

 

195,334

 

0.02

%

Arvilibia SICAV, S.A.

 

9,078

 

0.001

%

Vincit 93, SA SICAV

 

25,134

 

0.003

%

Bestinfond F.I.M.

 

4,511,248

 

0.50

%

Soixa SICAV S.A.

 

760,989

 

0.08

%

Total

 

19,548,538

 

2.18

%

 

This statement is pursuant to the terms and for the purposes of article 17 of the Portuguese Securities Code, following information received from Bestinver, with registered office at Calle Juan de Mena, n. º 8, 28014 Madrid, Spain.

 

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

 

 

www.telecom.pt

 

1



 

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: October 27, 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.