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 2011

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  |  1 June 2011

 

Long Position — Morgan Stanley

 

Portugal Telecom, SGPS S.A. (“PT”) hereby informs that Morgan Stanley now holds a long position corresponding to more than 2% of the share capital of PT

 

This change resulted from an increase in the number of PT ordinary shares underlying cash settled financial instruments held by Morgan Stanley & Co International plc. The change occurred on 20 May 2011, through OTC transactions. As a result of such transactions, Morgan Stanley now holds a long position corresponding to a total of 19,132,683 ordinary shares representing 2.13% of PT’s share capital.

 

Additionally, PT was informed that the long position is held as follows:

 

Holdings in PT ordinary shares:

 

·                      Morgan Stanley Capital Services: 800 ordinary shares representing 0.0001% of the share capital and voting rights in PT;

·                      Morgan Stanley & Co. Incorporated: 221,486 ordinary shares representing 0.02% of the share capital and voting rights in PT;

·                      Morgan Stanley & Co. International plc: 2,555,660 ordinary shares representing 0.29% of the share capital and voting rights in PT;

·                      MS Capital (Luxembourg) SA: 23,574 ordinary shares representing 0.003% of the share capital and voting rights in PT;

·                      Morgan Stanley Smith Barney LLC: 221,119 ordinary shares representing 0.02% of the share capital and voting rights in PT.

 

PT was further informed that the parent company of Morgan Stanley Capital Services and Morgan Stanley & Co. Incorporated is Morgan Stanley. Morgan Stanley is also the parent company of Morgan Stanley & Co. International plc, MS Capital (Luxembourg) SA and Morgan Stanley Smith Barney LLC, through the following chains of companies:

 

·                      Morgan Stanley & Co. International plc: Morgan Stanley, Morgan Stanley International Holding Inc., Morgan Stanley International Limited, Morgan Stanley Group (Europe), Morgan Stanley UK (Group) and Morgan Stanley & Co. International plc;

·                     MS Capital (Luxembourg) SA: Morgan Stanley, Morgan Stanley International Holdings Inc. and MS Capital (Luxembourg) SA;

·                      Morgan Stanley Smith Barney LLC: Morgan Stanley, Morgan Stanley & Co. Incorporated, Morgan Stanley Alpha Holdings LLC, Morgan Stanley JV Holdings LLC, Morgan Stanley Smith Barney Holdings LLC and Morgan Stanley Smith Barney LLC.

 

Holdings in financial instruments:

 

·                      Morgan Stanley & Co. International plc: 15,097,703 ordinary shares via cash settled financial instruments representing 1.68% of the share capital and voting rights in PT, and 15,746 ordinary shares via physical settled financial instruments, representing 0.002% of the share capital and voting rights in PT;

 

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

 

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·                      Morgan Stanley BV: 996,595 ordinary shares via cash settled financial instruments representing 0.11% of the share capital and voting rights in PT.

 

This statement is pursuant to the terms and for the purposes of article 2-A of the Portuguese Securities Commission Regulation no. 5/2008, following a communication received from Morgan Stanley & Co. International plc, with registered office at 25 Cabot Square, Canary Warf, London E14 4QA, United Kingdom.

 

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: June 1, 2011

 

 

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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