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 PT’s 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 PT’s 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.