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 May 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  |  31 May 2013

Long Position

 

Portugal Telecom, SGPS S.A. (“PT”) informs that Credit Suisse Investments (UK),  Credit Suisse Investment Holdings (UK) and Credit Suisse Securities (Europe) Limited now hold a long position corresponding to more than 2% of PT’s share capital and voting rights.

 

Such long position is due to an additional borrowing of 5,000,000 PT ordinary shares, made on 24 May 2013, by Credit Suisse Securities (Europe) Limited.

 

Additionally, PT was informed that such long position corresponds to 21,322,671 ordinary shares representing 2.38% of PT’s share capital and corresponding voting rights. Such position is attributed as follows:

 

Credit Suisse Securities (Europe) Limited — 4,492,165 ordinary shares held, representing 0.50% of PT’s share capital and corresponding voting rights, and  16,830,506 ordinary shares, representing 1.88% of PT’s share capital, related to financial instruments, as detailed below:

 

Financial instruments

 

Term

 

Nr. of Shares

 

% of share capital and voting rights

 

One Equity Swap cash settled

 

18 June 2013

 

250,000

 

0.03

%

One Equity Swap cash settled

 

24 June 2013

 

153,557

 

0.02

%

One Equity Swap cash settled

 

30 December 2013

 

310,885

 

0.03

%

One Equity Swap cash settled

 

17 March 2014

 

746,941

 

0.08

%

One Equity Swap cash settled

 

28 March 2014

 

5,907

 

0.00

%

One Equity Swap cash settled

 

7 April 2014

 

81,897

 

0.01

%

One Equity Swap cash settled

 

22 April 2014

 

8,070,000

 

0.90

%

One Equity Swap cash settled

 

2 May 2014

 

108,595

 

0.01

%

One Equity Swap cash settled

 

13 May 2014

 

116,500

 

0.01

%

One Equity Swap cash settled

 

29 May 2014

 

577,772

 

0.06

%

One Equity Swap cash settled

 

6 June 2014

 

590,857

 

0.07

%

One Equity Swap cash settled

 

29 August 2014

 

6,457

 

0.00

%

One Equity Swap cash settled

 

8 September 2014

 

450,200

 

0.05

%

One Equity Swap cash settled

 

2 October 2014

 

1,640,893

 

0.18

%

One Equity Swap cash settled

 

13 October 2014

 

3,005

 

0.00

%

One Equity Swap cash settled

 

20 October 2014

 

700,000

 

0.08

%

One Equity Swap cash settled

 

5 November 2014

 

14

 

0.00

%

One Equity Swap cash settled

 

17 November 2014

 

1,584,713

 

0.18

%

One Equity Swap cash settled

 

28 November 2014

 

97,888

 

0.01

%

One Equity Swap cash settled

 

2 October 2017

 

1,334,425

 

0.15

%

 

Portugal Telecom, SGPS SA

Avenida Fontes Pereira de Melo, 40

1069-300 Lisboa

Portugal

 

Public company

Share capital Euro 26,895,375

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

 

www.telecom.pt

 



 

The legal entity chain concerning this long position (starting with the highest level) is as follows: Credit Suisse Investments (UK), Credit Suisse Investment Holdings (UK), 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.

 

GRAPHIC| Comunicado

 

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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: May 31, 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.

 

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