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 February 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
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RELEASE |
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Portugal Telecom, SGPS, S.A.
Public Company
Registered Offices: Avenida Fontes Pereira de Melo, 40, Lisboa
Share Capital: Euro 30,774,000
Registered in the Commercial Registry Office of Lisbon
and Corporation no. 503 215 058
Qualified Holding
Pursuant to the terms and for the purposes of article 17 of the Portuguese Securities Code (Código dos Valores Mobiliários or “CVM”), we inform that Deutsche Bank AG, a company incorporated under the laws of Germany, with registered office in Taunusanlage 12, Frankfurt am Main (“DB AG”) has notified Portugal Telecom, SGPS, S.A. (“PT”), that it now holds more than 2% (two percent) of the voting rights corresponding to the share capital of PT.
Such new qualified holding resulted from the acquisition of 5,756,018 (five million, seven hundred and fifty six thousand, and eighteen) PT shares by DB AG, London branch on 15 February 2008, through an over the counter transaction. As a result of this sale, DB AG now holds, together with entities in a control or group relationship with it, 21,320,328 (twenty one million, three hundred and twenty thousand, three hundred and twenty eight) PT shares representing 2.08% (two point eight percent) of PT’s share capital and corresponding voting rights.
Additionally, PT was informed that this qualified holding is attributable to DB AG, directly and through entities in a control or group relationship with it, in the following terms:
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Entities |
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No. of shares |
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% of capital |
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% of voting rights |
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Deutsche Bank AG |
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17,233,727 |
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1.68 |
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1.68 |
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Deutsche Bank Trust Company Americas |
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13,627 |
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0.00 |
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0.00 |
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Deutsche Bank Asset Management Investmentgesellschaft mbH |
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27,147 |
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0.00 |
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0.00 |
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Deutsche Asset Management (Japan) Limited |
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345 |
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0.00 |
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0.00 |
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Deutsche Investment Management Americas Inc |
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78,931 |
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0.01 |
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0.01 |
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DWS Investment GmbH |
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3,787,511 |
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0.37 |
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0.37 |
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DWS (Austria) Investmentgesellschaft mbH |
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24,723 |
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0.00 |
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0.00 |
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DWS Investments (Spain) S.G.I.I.C., S.A. |
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143,317 |
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0.01 |
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0.01 |
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Tilney Investment Management |
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11,000 |
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0.00 |
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0.00 |
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Total |
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21,320,328 |
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2.08 |
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2.08 |
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Lisbon, 26 February 2008
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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: February 26, 2008
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PORTUGAL TELECOM, SGPS, S.A. |
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By: |
/s/ Nuno Prego |
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Nuno Prego |
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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.
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