{Press release attached)
Portugal Telecom asked by CMVM to give shareholders more information before Thursday meeting to approve sale of PT Portugal to Altice Portugal Telecom (PT) has been informed by the CMVM Portuguese Securities Commission that there is some information lacking for PT shareholders to vote on the sale of PT Portugal to Altice by Oi at a general shareholders' meeting on Thursday (22 January).
In a letter to Antonio Cordeiro, chairman of the PT AGM, the CMVM said PT investors require more information from the PT board over issues raising doubts including the PwC report on the purchase of debt from the Espirito Santo Group, as well as studies on the ending of the PT-Oi Merger.
The CMVM letter to PT is available here, in Portuguese.
Meanwhile, PT issued a subsequent response to the CMVM request for more clarification from the PT board to PT investors before tomorrow's general shareholders' encounter