REG - Telefonica Europe - Notice of change of Stock Exchange

Telefonica SAAnnouncement

11/01/2019 14:15

RNS Number : 9109M
Telefonica Europe B.V.
11 January 2019
 


11 January 2019
TELEFÓNICA EUROPE B.V.
(the "Issuer")
Notice to the Holders of the outstanding securities listed below unconditionally and irrevocably guaranteed on a subordinated basis by Telefónica, S.A. (together the "Securities")
NOTICE OF CHANGE OF STOCK EXCHANGE
Introduction
The Securities issued by the Issuer are unconditionally and irrevocably guaranteed on a subordinated basis by Telefónica, S.A. The Securities are admitted to the official list of the United Kingdom Financial Conduct Authority and admitted to trading on the Regulated Market of the London Stock Exchange plc (the "London Stock Exchange"). Notice is hereby given to the holders of the Securities that the Issuer intends to move the listing of the Securities to Ireland so that they are admitted to trading on the regulated market (the "Main Securities Market") of the Irish Stock Exchange plc trading as Euronext Dublin ("Euronext Dublin").  
Rationale
 
As a result of the high uncertainty around the future outcome of the relationship between Europe and the UK and the risks associated with this including, among others, that the London Stock Exchange may cease to constitute a regulated market for the purposes of Directive 2014/65/EU (an "EEA Regulated Market"), the Issuer has decided to move its outstanding Securities to the Main Securities Market in Ireland in order to protect the Issuer, Telefónica, S.A. (as guarantor) and holders of the Securities against any potential adverse consequences, and to ensure that its Securities continue to remain listed on an EEA Regulated Market.
As with the London Stock Exchange's Regulated Market, the Main Securities Market is also an EEA Regulated Market. As such, the change of the listing of the Securities is not expected to have any impact on the holders of the Securities.
Next steps and further information
The Issuer has applied for the Securities to be admitted to listing on the official list and to trading on the Main Securities Market of Euronext Dublin.
For further information please contact:
Telefónica Europe B.V.,
Strawinskylaan 665,
1077XX,
Amsterdam,
The Netherlands




 
SECURITIES
 
(1)        EUR 850,000,000 Undated 5 Year Non-Call Deeply Subordinated Guaranteed Fixed Rate Reset Securities ISIN: XS1148359356
(2)        EUR 1,000,000,000 Undated 5.5 Year Non-Call Deeply Subordinated Guaranteed Fixed Rate Reset Securities ISIN: XS1490960942
(3)        EUR 1,000,000,000 Undated 5.5 Year Non-Call Deeply Subordinated Guaranteed Fixed Rate Reset Securities ISIN: XS1731823255
(4)        EUR 1,250,000,000 Undated 5.7 Year Non-Call Deeply Subordinated Guaranteed Fixed Rate Reset Securities ISIN: XS1795406575
(5)        EUR 750,000,000 Undated 6 Year Non-Call Deeply Subordinated Guaranteed Fixed Rate Reset Securities ISIN: XS1050460739
(6)        GBP 600,000,000 Undated 7 Year Non-Call Deeply Subordinated Guaranteed Fixed Rate Reset Securities ISIN: XS0997326441
(7)        EUR 625,000,000 Undated 8 Year Non-Call Deeply Subordinated Guaranteed Fixed Rate Reset Securities ISIN: XS0972588643
(8)        EUR 1,000,000,000 Undated 8.5 Year Non-Call Deeply Subordinated Guaranteed Fixed Rate Reset Securities ISIN: XS1795406658
(9)        EUR 1,000,000,000 Undated 10 Year Non-Call Deeply Subordinated Guaranteed Fixed Rate Reset Securities ISIN: XS1050461034
 




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