Telefonica SA TDE IPO T.Deutschland Holding:price and volume

  Telefonica SA (TDE) - IPO T.Deutschland Holding:price and volume

RNS Number : 7991P
Telefonica SA
29 October 2012

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

Telefónica, S.A. hereby reports that the  shares offered to the market in  the 
IPO of its  subsidiary Telefónica Deutschland  Holding A.G. were  placed at  a 
price of EUR  5.60 per  share. The  total volume  of the  offering amounts  to 
258.75  million  shares  (including  33.75  million  over-allotted  shares  in 
connection with the greenshoe option  granted to the underwriters). The  total 
placement volume of  the offering, including  the greenshoe option  represents 
23.17 per cent of the share capital of Telefónica Deutschland Holding A.G.

Upon full exercise of the greenshoe option, the placement volume would  amount 
to EUR 1,449 million.

The first day of trading of the shares of Telefónica Deutschland Holding AG on
the regulated  market (Prime  Standard)  of the  Frankfurt Stock  Exchange  is 
expected to be tomorrow, October 30, 2012.

In Madrid, October 29, 2012.


These written materials are not an offer of securities for sale in the  United 
States, Canada,  Australia, South  Africa  and Japan.  Securities may  not  be 
offered or  sold  in  the  United States  absent  registration  under  the  US 
Securities Act of 1933, as amended,  or an exemption therefrom. The issuer  or 
selling security holder has not and does not intend to register any securities
under the US Securities Act of 1933, as amended, and does not intend to  offer 
any  securities  in  the  United   States.  No  money,  securities  or   other 
consideration from any person inside the United States is being solicited and,
if sent in response to the  information contained in these written  materials, 
will not be accepted.

This publication constitutes neither  an offer to sell  nor a solicitation  to 
buy securities. The offer has been made  solely by means of, and on the  basis 
of, a securities prospectus which is  currently available free of charge  from 
the company, at the German offices of the Joint Global Coordinators or on  the 
website of the Company.

The securities may not be offered or  sold in Spain except in accordance  with 
the requirements of the Spanish Securities Market Law ("Ley 24/1988, de 28  de 
Julio del  Mercado de  Valores"), as  amended and  restated and  Royal  Decree 
1310/2005  on  admission  of  securities  to  trading,  public  offerings  and 
prospectuses ("Real  Decreto 1310/2005,  de  4 de  noviembre,  por el  que  se 
desarrolla parcialmente la Ley 24/1988, de 28 de Julio del Mercado de Valores,
en material  de admission  a negociación  de valores  en mercados  secundarios 
oficiales, de ofertas públicas de venta o suscripción y del folleto exigible a
tales efectos"), as amended and restated, and the decrees and regulations made
thereunder. The securities may not be  sold, offered or distribute to  persons 
in Spain  except:  (i) in  circumstances  which  do not  constitute  a  public 
offering of securities  in Spain  within the meaning  of Article  38 of  Royal 
Decree 1310/2005; or (ii) subject to one of the exceptions of the prospectuses
requirements envisaged in article 41 of Royal Decree 1310/2005.

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


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