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 2010
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 | 15 June 2010
Qualified Holding
Portugal Telecom, SGPS S.A. (PT) hereby informs that Barclays Plc now holds more than 2% of the voting rights corresponding to the share capital of PT
This change resulted from the acquisition, by Barclays Capital Securities Ltd, on 9 June 2010, on regulated market, of 81,661 ordinary shares of PT, representing 0.01% of PTs share capital and corresponding voting rights.
As a result of this transaction, Barclays Plc holds a total of 17,957,827 ordinary shares representing 2.003% of PTs share capital and corresponding voting rights.
PT was further informed that Barclays Capital Securities Ltd holds a financial instrument by way of a forward contract with an expiration date of 18 August 2010, corresponding to 10,100,000 PT ordinary shares, representing 1.13% of the voting rights and two call options with expiration dates of 7 and 9 July 2010, corresponding to, respectively, 13,401 PT ordinary shares representing 0.001% of the voting rights and 21,745 PT ordinary shares representing 0.002% of the voting rights.
Additionally, PT was informed that such holding is attributed to Barclays Plc through the following entities:
· Barclays Bank Plc: 492,993 ordinary shares representing 0.05% of the share capital and voting rights in PT;
· Barclays Bank SA: 104,855 ordinary shares representing 0.01% of the share capital and voting rights in PT;
· Barclays Capital Inc: 111,320 ordinary shares representing 0.01% of the share capital and voting rights in PT;
· Barclays Capital Luxembourg SaRL: 250,000 ordinary shares representing 0.03% of the share capital and voting rights in PT;
· Barclays Capital Securities Ltd: 16,686,149 ordinary shares (corresponding to 6,551,003 ordinary shares and 10,135,146 ordinary shares via financial instruments), representing 1.86% of the share capital and voting rights in PT;
· Barclays Wealth Managers Portugal SGFIM S.A.: 312,510 ordinary shares representing 0.04% of the share capital and voting rights in PT;
This statement is pursuant to the terms and for the purposes of article 17 of the Portuguese Securities Code, following a communication received on 11 June 2010, from Barclays Plc, with head office at 1 Churchill Place, London E14 5HP, United Kingdom.
Portugal Telecom, SGPS, SA | Public company | Portugal Telecom is listed on the | Nuno Vieira |
www.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: June 15, 2010
| PORTUGAL TELECOM, SGPS, S.A. | ||
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| By: | /s/ Nuno Vieira |
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| Nuno Vieira |
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| Investor Relations Director |
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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 managements 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.