REG - Telefonica SA - clarification on potential transactions in the UK <Origin Href="QuoteRef">TEF.MC</Origin>

Telefonica SAAnnouncement

24/11/2014 11:11

RNS Number : 8114X
Telefonica SA
24 November 2014
TELEFNICA, S.A. as provided in article 82 of the Spanish Securities Market Act (Ley del Mercado de Valores), hereby reports the following
SIGNIFICANT EVENT
In relation to recent press speculations regarding potential transactions that could involve its UK subsidiary, Telefnica states that it regularly analyses the evolution of the markets in which it operates, together with the different strategic options available to (i) create value for its shareholders and (ii) reinforce its financial position.
In this context, Telefnica informs that although conversations with British Telecom are taking place, those are at a highly preliminary stage and there can be no certainty that any transaction may occur with such company.
A further announcement will be made if and when appropriate.
Madrid, November 24, 2014

This information is provided by RNS
The company news service from the London Stock Exchange
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