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 2013
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 | 17 October 2013
Long Position
Portugal Telecom, SGPS S.A. (“PT”) informs that Credit Suisse Group AG now holds a long position corresponding to less than 2% of PT’s share capital and voting rights.
Such change is due to an additional securities lending of 3,793,326 PT ordinary shares, made on 10 October 2013.
Additionally, PT was informed that Credit Suisse Group Ag’s long position now corresponds to 17,122,061 ordinary shares representing 1.91% of PT’s share capital and corresponding voting rights. Such position is attributed as follows:
1. Credit Suisse Funds AG: 374,172 ordinary shares held, representing 0.04% of PT’s share capital and corresponding voting rights.
2. Credit Suisse Fund Management S.A.: 13,498 ordinary shares held, representing 0.00% of PT’s share capital and corresponding voting rights.
3. Credit Suisse Life (Bermuda) Ltd: 120,850 ordinary shares held, representing 0.01% of PT’s share capital and corresponding voting rights.
4. Credit Suisse Securities (Europe) Limited: 7,643,893 ordinary shares representing 0.85% of PT’s share capital and corresponding voting rights.
5. Cash settled financial instruments representing 8,969,648 PT ordinary shares equivalent to 1.00% of PT’s share capital and held by Credit Suisse Group AG, by Credit Suisse AG, by Credit Suisse Investments (UK), by Credit Suisse Investment Holdings (UK) and by Credit Suisse Securities (Europe) Limited were as follows:
|
Financial instruments |
|
Term |
|
Nr. of Shares |
|
% of share capital and voting rights |
|
|
Equity Swap |
|
2 October 2017 |
|
7,032,203 |
|
0.78 |
% |
|
Equity Swap |
|
13 April 2015 |
|
20,460 |
|
0.00 |
% |
|
Equity Swap |
|
7 April 2015 |
|
550,000 |
|
0.06 |
% |
|
Equity Swap |
|
31 December 2014 |
|
13,640 |
|
0.00 |
% |
|
Equity Swap |
|
20 October 2014 |
|
700,000 |
|
0.08 |
% |
|
Equity Swap |
|
17 October 2014 |
|
32,739 |
|
0.00 |
% |
|
Equity Swap |
|
13 October 2014 |
|
8,929 |
|
0.00 |
% |
|
Equity Swap |
|
8 September 2014 |
|
611,677 |
|
0.07 |
% |
|
Portugal Telecom, SGPS SA |
|
Public company |
|
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 |
www.telecom.pt
The legal entity chain concerning this long position (starting with the highest level) is as follows: Credit Suisse Group AG, Credit Suisse AG, Credit Suisse Asset Management International Holding Ltd, Credit Suisse Funds AG, Credit Suisse Holding Europe (Luxembourg) S.A., Credit Suisse Fund Management S.A., Credit Suisse Life (Bermuda) Ltd., Credit Suisse Investments (UK), Credit Suisse Investment Holdings (UK) and Credit Suisse Securities (Europe) Limited.
This statement is pursuant to the terms and for the purposes of article 2-A of the Portuguese Securities Market Commission Regulation nr. 5/2008, following a communication received from Credit Suisse Group AG, with registered office at Paradeplatz 8, Postfach, CH-8070 Zurich, Switzerland.
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 17, 2013
|
|
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.