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 November 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
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 5 November 2008, Lisbon
Qualified Holding
Portugal Telecom, SGPS, S.A. (“PT”) informs that UBS AG now holds more than 2% of the voting rights corresponding to the share capital of PT.
Such new holding resulted from the acquisition, on 30 October 2008, of a total of 7,580,707 PT ordinary shares through a transaction executed over the counter, made by UBS AG, Zurich and Basel, with offices at Bahnhofstrasse 45, P.O. Box, CH-8098 Zurich and Aeschenvorstadt 1, P.O. Box, CH-4051 Basel, Switzerland. As a result of such transaction, a total of 21,083,569 PT ordinary shares representing 2.24% of PT’s share capital and corresponding voting rights is now attributed to UBS AG.
UBS AG also informed that of such total holding:
> 3,774,299 shares representing 0.40% of the share capital and voting rights in PT are held in the name of UBS AG on behalf of several of its clients;
> 6,368,642 shares representing 0.68% of the share capital and voting rights in PT are held by the following subsidiaries of UBS AG:
- DSI International Management Inc: 1,357 PT shares;
- UBS Fund Management (Switzerland) AG: 120,995 PT shares;
- UBS Fund Services (Luxembourg) SA: 975,790 PT shares;
- UBS Global Asset Management (Deutschland) GmbH: 33,517 PT shares;
- UBS Global Asset Management (Australia) Ltd: 17,742 PT shares;
- UBS Global Asset Management Life Ltd: 380,955 PT shares;
- UBS Global Asset Management (UK) Ltd: 2,216,190 PT shares;
- UBS Global Asset Management (France) SA: 1,913,868 PT shares;
- UBS Financial Services Inc.: 447,880 PT shares;
- UBS Global Asset Management (Americas) Inc.: 209,859 PT shares;
- UBS (Luxembourg) S.A.: 1,173 PT shares;
- UBS Wealth Management (UK) Ltd.: 7,750 PT shares;
- UBS Securities LLC: 41,566 PT shares.
This statement is pursuant to the terms and for the purposes of article 17 of the Portuguese Securities Code, following a communication received from UBS AG.
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Portugal Telecom, SGPS, SA |
Public company |
Portugal Telecom is listed on the |
Nuno Vieira |
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Avenida Fontes Pereira de Melo, 40 |
Share capital _ Euro 28,277,855.31 |
Euronext and New York Stock |
Investor Relations Director |
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1069-300 Lisbon |
Registered in the Commercial |
Exchange. Information may be accessed |
nuno.t.vieira@telecom.pt |
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Portugal |
Registry Office of Lisbon |
on the Reuters under the symbols |
Tel.: +351 21 500 1701 |
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www.telecom.pt |
and Corporation no. _ 503 215 058 |
PTC.LS and PT and on Bloomberg under |
Fax: +351 21 500 0800 |
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the symbol PTC PL. |
http://ir.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: November 6, 2008
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PORTUGAL TELECOM, SGPS, S.A. |
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By: |
/s/ Nuno Vieira
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Nuno
Vieira |
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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.