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 September 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

 

Announcement  |  Lisbon  |  19 September 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

 

Location

 

Price (€)

 

No. of shares

 

12-Set-12

 

Disposal

 

Regulated market

 

3.967

 

6,936

 

 

 

 

3.992

 

138,170

 

 

 

 

3.993

 

127

 

 

 

 

3.994

 

4,767

 

Total

 

 

 

 

 

 

 

150,000

 

14-Set-12

 

Disposal

 

Regulated market

 

4.050

 

257,783

 

 

 

 

4.051

 

28,592

 

 

 

 

4.052

 

3,895

 

 

 

 

4.055

 

35,000

 

 

 

 

4.060

 

100,382

 

 

 

 

4.061

 

4,618

 

 

 

 

4.065

 

27,707

 

 

 

 

4.070

 

25,000

 

 

 

 

4.080

 

21,576

 

 

 

 

4.081

 

5,910

 

 

 

 

4.083

 

10,977

 

 

 

 

4.090

 

21,812

 

 

 

 

4.091

 

8,598

 

 

 

 

4.092

 

3,583

 

 

 

 

4.093

 

7,349

 

 

 

 

4.095

 

10,186

 

 

 

 

4.096

 

4,814

 

 

 

 

4.097

 

8,837

 

 

 

 

4.098

 

9,368

 

 

 

 

4.100

 

36,370

 

Total

 

 

 

 

 

 

 

632,357

 

17-Set-12

 

Disposal

 

Regulated market

 

4.000

 

85,340

 

 

 

 

4.001

 

3,322

 

 

 

 

4.002

 

700

 

 

 

 

4.003

 

1,288

 

 

 

 

4.004

 

5,220

 

 

 

 

4.005

 

72,311

 

 

 

 

4.006

 

2,074

 

 

 

 

4.007

 

4,505

 

 

 

 

4.008

 

3,234

 

 

 

 

4.010

 

18,647

 

 

 

 

4.015

 

21,002

 

Total

 

 

 

 

 

 

 

217,643

 

 

Portugal Telecom, SGPS SA

 

Public company

 

Portugal Telecom is listed on the

 

Nuno Vieira

Avenida Fontes Pereira de Melo, 40

 

Share capital Euro 26,895,375

 

Euronext and New York Stock

 

Investor Relations Director

1069-300 Lisbon

 

Registered in the Commercial

 

Exchange. Information may be

 

nuno.t.vieira@telecom.pt

Portugal

 

Registry Office of Lisbon

 

accessed on the Reuters under the

 

Tel.: +351 21 500 1701

 

 

and Corporation no. 503 215 058

 

symbols PTC.LS and PT and on

 

Fax: +351 21 500 0800

 

 

 

 

Bloomberg under the symbol PTC PL.

 

 

 

www.telecom.pt

 

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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 91,020,566 PT shares (of which 91,000,000 shares are held by Avistar), representing 10.15% 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.

 

GRAPHIC  |  Announcement

 

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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: September 19, 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.

 

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