Telefonica SA PIP - Phase II (0995V)

TIDMTDE

RNS Number : 0995V

Telefonica SA

04 August 2015

In accordance with Article 47 of Royal Decree 1362/2007 of October 19, and Article 82 of the Spanish Stock Market Act, (Ley del Mercado de Valores), TELEFÓNICA, S.A. hereby discloses the following

SIGNIFICANT EVENT

In connection with the Second phase (2012-2015) of the long-term incentive plan consisting in the granting of shares of TELEFÓNICA, S.A., - called Performance & Investment Plan ("PIP")- aimed at Telefonica Group Executives (including Executive Directors of Telefónica, S.A.), it is noted in the attached detail, as Schedule I, the number of shares to be delivered in this Second phase, to each of the beneficiaries of the Plan in their positions as Executive Directors or Executives of the Company, and which amounts to 77% of the shares they were assigned originally.

Madrid, August 4, 2015.

SCHEDULE I

List of Directors and Executives who are Beneficiaries of the PIP

(Second phase 2012-2015)

I.- Executive Directors.

 
    First name and surname       Number of shares         % 
                                  to be delivered    Share Capital 
------------------------------  -----------------  --------------- 
   D. César Alierta 
    Izuel                                 312,251            0.006 
------------------------------  -----------------  --------------- 
   D. José María 
    Álvarez-Pallete 
    López                            181,076            0.004 
------------------------------  -----------------  --------------- 
   D. Santiago Fernández 
    Valbuena                               99,352            0.002 
------------------------------  -----------------  --------------- 
   D. Julio Linares 
    López*                            13,358            0.000 
------------------------------  -----------------  ---------------

II.- Other Executives.

 
       First name and surname            Number of           % 
                                         shares to      Share Capital 
                                        be delivered 
------------------------------------  --------------  --------------- 
   D. Guillermo Ansaldo 
    Lutz                                     100,490            0.002 
------------------------------------  --------------  --------------- 
   D. Eduardo Navarro 
    de Carvalho                               25,526            0.000 
------------------------------------  --------------  --------------- 
   D. Ramiro Sánchez 
    de Lerín García-Ovies           49,600            0.001 
------------------------------------  --------------  --------------- 
   D. Ángel Vilá 
    Boix                                     100,490            0.002 
------------------------------------  --------------  ---------------

* Mr. Linares discharged executive duties as Chief Operating Officer during the second phase of the Plan (from July 1, 2012 to September 17, 2012).

This information is provided by RNS

The company news service from the London Stock Exchange

END

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