Agreement on acquisition for 56% of DTS

RNS Number : 1699K

Telefonica SA

20 June 2014

 



RAMIRO SÁNCHEZ DE LERÍN GARCÍA-OVIES

General Secretary and

Secretary to the Board of Directors

TELEFÓNICA, S.A.

TELEFÓNICA, 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 the purchase agreement signed on June 2, 2014, between Promotora de Informaciones, S.A. (PRISA) and Telefónica de Contenidos, S.A. for the transfer in favour of this company of 56% of the share capital of DTS Distribuidora de Television Digital, S.A. (DTS), Telefónica announces that the parties have agreed to extend until July 4, 2014, the period for the exercise by Mediaset Spain, S.A. of its pre-emption and tag along rights provided for in the shareholders agreement and bylaws of DTS.

Madrid, June 20 2014.

 

END

 

 

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