Telefonica SA TEF - Dividend distribution during 2018 (8421Q)

TIDMTDE

RNS Number : 8421Q

Telefonica SA

08 June 2018

TELEFÓNICA, S.A., as provided in article 228 of the Spanish Stock Market Act (Ley del Mercado de Valores), hereby reports the following

SIGNIFICANT EVENT

Telefónica, S.A. announces that, the Annual General Shareholders' Meeting at its meeting held today, has agreed a dividend distribution in cash charged to Unrestricted Reserves, by means of a payment of a fixed gross amount of 0.40 euros during 2018 payable in two tranches, for each existing Company share and carrying entitlement to this distribution on the following dates:

   -    The first payment in cash of a gross amount of 0.20 euros per share will be on June 15, 2018. 

- The second payment in cash of a gross amount of 0.20 euros per share will be on December 20, 2018.

Both payments shall be executed by Banco Bilbao Vizcaya Argentaria, S.A., through the participating entities in Iberclear (Sociedad de Gestión de los Sistemas de Registro, Compensación y Liquidación de Valores, S.A.U.), the Spanish securities registrar, clearing and settlement company.

The relevant dates for each of the dividend payments in the Spanish securities market will be:

 
                                  JUNE        DECEMBER 
                                 Dividend      Dividend 
---------------------------  --------------  ---------- 
 The last trading date        June 12, 2018   December 
  on which the security                        17, 2017 
  is traded with dividend 
  rights 
  (last trading date 
  ) 
---------------------------  --------------  ---------- 
 The date from which          June 13, 2018   December 
  the security is traded                       18, 2017 
  on the market without 
  dividend rights 
  (ex date ) 
---------------------------  --------------  ---------- 
 Date of determination        June 14, 2018   December 
  of the holders to be                         19, 2017 
  used for payment of 
  the dividend 
  (record date) 
---------------------------  --------------  ---------- 
 Date on which the dividend   June 15, 2018   December 
  is paid                                      20, 2017 
  (payment date) 
---------------------------  --------------  ---------- 
 

Madrid, June 8, 2018

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END

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June 08, 2018 11:08 ET (15:08 GMT)