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 June 2008

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 16 June 2008, Lisbon

Qualified Holding

 

Portugal Telecom, SGPS, S.A. (“PT”) informs that the Credit Suisse Group now holds more than 2% (two percent) of the voting rights corresponding to its share capital.

 

Such new holding resulted from acquisitions of PT ordinary shares on regulated market, made on 6 June 2008 by the Credit Suisse Group. As a result, a total holding of 20,945,723 ordinary shares representing 2.22% of the share capital and voting rights in PT is now attributed to the Credit Suisse Group, through the following entities:

 

·             Credit Suisse Securities (Europe) Ltd holds 7,657,830 ordinary shares representing 0.81% of the share capital and voting rights in PT;

 

·             Credit Suisse International holds 12,471,086 ordinary shares representing 1.32% of the share capital and voting rights in PT;

 

·             Credit Suisse Securities (USA) LLC holds 659,500 ordinary shares representing 0.07% of the share capital and voting rights in PT;

 

·             Credit Suisse Private Banking holds 157,307 ordinary shares representing 0.02% of the share capital and voting rights in PT.

 

Credit Suisse Securities (Europe) Ltd, Credit Suisse International, Credit Suisse Securities (USA) LLC and Credit Suisse Private Banking are under the direct control of Credit Suisse (International) Holding.

 

This statement is pursuant to the terms and for the purposes of article 17 of the Portuguese Securities Code, following a communication received from the Credit Suisse Group.

 

 

Portugal Telecom, SGPS, SA
Avenida Fontes Pereira de Melo, 40
1069-300 Lisbon
Portugal
www.telecom.pt

 

Public company
Share capital _ Euro 28,277,855.31
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
http://ir.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: June 16, 2008

 

 

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.