17 Apr 2015 16:5062KB

Qualified Holding of UBS

Portugal Telecom, SGPS S.A. ("PT SGPS") hereby informs that UBS Group AG now holds less than 2% of the share capital of PT SGPS.

This change was due to the disposal, on 10 April 2015, on an over the counter transaction, by UBS Group AG of 561,689 PT SGPS shares. As a result, UBS Group AG now holds a holding corresponding to 17,412,669 shares representing 1.94% of PT SGPS's share capital and corresponding voting rights.

PT SGPS was further informed that the shares reported in this holding disclosure are held by the following subsidiaries of UBS Group AG:

  • UBS AG: 16,670,170 PT SGPS shares;
  • UBS Financial Services Inc.: 379,460 PT SGPS shares;
  • UBS Fund Management (Switzerland) AG: 64,775 PT SGPS shares;
  • UBS Global Asset Management (Australia) Ltd: 12,538 PT SGPS shares;
  • UBS Global Asset Management Deutschland) GmbH: 213,000 PT SGPS shares;
  • UBS Global Asset Management (Singapore) Ltd: 27,438 PT SGPS shares;
  • UBS Global Asset Management (UK) Ltd: 45,288 PT SGPS shares;

This statement is pursuant to the terms and for the purposes of articles 17 of the Portuguese Securities Code and 2 of the Portuguese Securities Commission Regulation no. 5/2008, following a communication received by fax from UBS Group AG, Postfach 8098 Zurich, Switzerland.

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