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 2012

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

 

 

 



 

GRAPHIC

 

GRAPHIC

 

Announcement  |  Lisbon  |  11 October 2012

 

Management Transactions

 

Portugal Telecom, SGPS S.A. (“PT”) hereby informs that it was notified by Banco Espírito Santo, S.A. (“BES”) of the following transactions on PT shares carried out by Avistar, SGPS, S.A. (“Avistar”), a company wholly owned by BES:

 

Date

 

Transaction

 

local

 

Price(€)

 

No. of shares

 

3-Oct-12

 

Disposal

 

Regulated market

 

3.900

 

65,005

 

 

 

 

3.901

 

8,303

 

 

 

 

3.902

 

4,631

 

 

 

 

3.903

 

2,854

 

 

 

 

3.905

 

1,054

 

 

 

 

3.906

 

3,059

 

 

 

 

3.910

 

51,389

 

 

 

 

3.911

 

2,274

 

 

 

 

3.912

 

11,348

 

 

 

 

3.913

 

3,823

 

 

 

 

3.914

 

18,739

 

 

 

 

3.915

 

18,420

 

 

 

 

3.916

 

40,650

 

 

 

 

3.917

 

28,983

 

 

 

 

3.918

 

40,600

 

 

 

 

3.919

 

12,895

 

 

 

 

3.920

 

135,725

 

 

 

 

3.921

 

22,348

 

 

 

 

3.922

 

2,900

 

 

 

 

3.923

 

8,110

 

 

 

 

3.924

 

1,890

 

 

 

 

3.926

 

15,000

 

Total

 

 

 

 

 

 

 

500,000

 

8-Oct-12

 

Disposal

 

Regulated market

 

3.950

 

149,304

 

 

 

 

3.951

 

9,251

 

 

 

 

3.952

 

9,692

 

 

 

 

3.953

 

21,252

 

 

 

 

3.954

 

8,638

 

 

 

 

3.955

 

62,886

 

 

 

 

3.956

 

20,501

 

 

 

 

3.957

 

26,005

 

 

 

 

3.960

 

148,476

 

 

 

 

3.964

 

3,995

 

Total

 

 

 

 

 

 

 

460,000

 

09-Oct-12

 

Disposal

 

Regulated market

 

3.950

 

10,000

 

 

 

 

3.951

 

15,000

 

 

 

 

3.952

 

10,000

 

 

 

 

3.955

 

5,000

 

Total

 

 

 

 

 

 

 

40,000

 

 

Portugal Telecom, SGPS SA

Avenida Fontes Pereira de Melo, 40

1069-300 Lisbon

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

 



 

PT was further informed that Avistar is a person closely related to PT’s Non Executive Director Amílcar de Morais Pires, as he is also Chairman of the Board of Directors of Avistar, and therefore this latter has the obligation to notify PT of such transactions pursuant to paragraph 4, b) of article 248-B of the Portuguese Securities Code.

 

According to information received from BES, after these transactions the voting rights attached to 90,020,566 PT shares (of which 90,000,000 shares are held by Avistar), representing 10.04% of PT’s share capital and corresponding voting rights, were attributed to BES.

 

This announcement is pursuant to article 248-B of the Portuguese Securities Code and article 14 of the CMVM Regulation no. 5/2008 and follows a communication received from Banco Espírito Santo, S.A., a public company with registered office at Avenida da Liberdade, 195, 1250-142 Lisbon, Portugal, with a share capital of Euro 5,040,124,063.26, registered in the Lisbon Commercial Registry Office under corporation number 500 852 367.

 

2



 

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 11, 2012

 

 

 

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.

 

3