REG - Telefonica SA - TEF - Strategy options of O2UK <Origin Href="QuoteRef">TEF.MC</Origin>

Telefonica SAAnnouncement

05/09/2016 08:35

RNS Number : 9328I
Telefonica SA
05 September 2016
TELEFNICA S.A., (TELEFNICA) pursuant to article 228 of the Spanish Securities Market Act (Ley del Mercado de Valores), hereby reports the following
SIGNIFICANT EVENT
In relation to recent media reports regarding Telefnica's United Kingdom subsidiary (O2 UK), TELEFNICA announces that it is considering various strategic options with respect to the above-mentioned subsidiary (all of which would involve Telefnica maintaining a majority shareholding), including, among others, a potential Initial Public Offering. Preparatory work in connection with such strategic options has been initiated.
Madrid, September 5, 2016.

This information is provided by RNS
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