TEF - Strategy options of O2UK

RNS Number : 9328I

Telefonica SA

05 September 2016

 

TELEFÓNICA S.A., (TELEFÓNICA) 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 Telefónica's United Kingdom subsidiary (O2 UK), TELEFÓNICA announces that it is considering various strategic options with respect to the above-mentioned subsidiary (all of which would involve Telefónica 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.

 

END

 

 

MSCSSSSWIFMSEDU