Brief: Pharol Says Oi's Bankruptcy Has No Direct Impact On Its Financial Position

Pharol, SA

17/06/2026 06:39

June 17 (Reuters) - Pharol SGPS SA PHRA.LS:
SAID ON MONDAY BECAME AWARE OF COURT DECISION THAT DECLARED BANKRUPTCY OF OI S.A
WAS NO LONGER SHAREHOLDER OF OI, DECLARATION OF BANKRUPTCY OF OI HAS NO DIRECT IMPACT ON PHAROL’S FINANCIAL POSITION
THERE REMAIN CERTAIN TAX DISPUTES RELATING TO PERIODS PRIOR TO 2014, WITH A MAXIMUM POTENTIAL VALUE OF €153 MILLION WHICH ENTAIL CERTAIN JOINT AND SEVERAL LIABILITIES FOR PHAROL
WITH THE CONFIRMATION OF A NIL VALUE FOR A PLEDGE OVER OI SHARES HELD BY PHAROL SINCE DEC 31, 2025, ALMOST ALL GUARANTEES  PREVIOUSLY PROVIDED BY PHAROL BUT FUNDED BY OI, OF ABOUT €83 MILLION, HAVE EXPIRED
        
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