26 May 2011 15:35
TELEFÓNICA, S.A. ("TELEFÓNICA") as provided in article 82 of the Spanish Stock Market Act (Ley del Mercado de Valores), hereby reports the following
SIGNIFICANT EVENT
The Spanish Comisión Nacional del Mercado de Valores has approved and registered the prospectus relating to the offering of the shares (the "Offering") of Atento Inversiones y Teleservicios, S.A.U. ("ATENTO"), whose book-building period will start tomorrow, May 27.
A total of 30,600,000 ordinary shares, equal to 51.0% of ATENTO's outstanding shares, are being offered by Telefónica in this initial Offering, which will have just one global tranche directed solely to qualified national and international institutional investors.
Telefónica intends to grant the Managers a "green-shoe" option to purchase up to 3,060,000 additional shares, equal to 5.1% of ATENTO'S outstanding shares.
In order to provide investors with an indicative reference price, the agreed indicative and non-binding offering price range is between 19.25 and 25.00 euros per share. According to the Offering calendar, the definitive offering price is currently expected to be established on June 9.
Pursuant to this calendar, it is expected that ATENTO'S shares would be listed on the Spanish Stock Exchanges on June 13, 2011.
Madrid, May 26, 2011.
IMPORTANT INFORMATION
This communication does not constitute an offer to sell or solicitation of offers to buy securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which, or to any persons to whom, such an offer, solicitation or sale is unlawful. The information contained in this Communication is being disclosed in accordance with Rule 135c under the U.S. Securities Act of 1933, as amended (the "Securities Act"), for securities which have not been, and will not be, registered under the Securities Act or the laws of any state, and may not be offered or sold in the United States, absent registration or an exemption from registration under such laws. The Offering is being made solely by means of, and on the basis of, the published securities prospectus (including any supplements or amendments thereto, if any) filed with the Spanish SEC for investors in Spain and the international offering memorandum for qualified institutional investors only outside of Spain. An investment decision regarding the offered securities of ATENTO should only be made on the basis of the securities prospectus and offering memorandum. This communication is directed only at persons (i) who are outside the United Kingdom, (ii) who fall within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended), (iii) who fall within Article 49(2)(a) to (d) of the Order (high net worth companies, unincorporated associations, etc.) or (iv) such other persons to whom it may lawfully be communicated (all such persons together being referred to as "Relevant Persons"). Any investment or investment activity to which this communication relates is available only to Relevant Persons and will be engaged in only with Relevant Persons. Any person who is not a Relevant Person must not act or rely on this communication or any of its contents.