Telefónica Files 6-K for Delisting Offer

TL;DR

Telefónica's filing a 6-K for a delisting offer - watch for stock changes.

AI Summary

Telefónica, S.A. filed a Form 6-K on March 26, 2024, to report on its delisting offer. The filing indicates that Telefónica is a foreign private issuer and is submitting its report under the Securities Exchange Act of 1934.

Why It Matters

This filing signals a significant corporate action by Telefónica, potentially impacting its stock listing and investor relations.

Risk Assessment

Risk Level: medium — Delisting offers can indicate significant corporate restructuring or financial challenges, warranting closer scrutiny.

Key Players & Entities

• Telefónica, S.A. (company) — Registrant
• 001-09531 (other) — Commission File Number
• 20240326 (date) — Filing Date

FAQ

Filing Documents

• form6kopiniondelistingoffer.htm (6-K) — 22KB
• image_0.jpg (GRAPHIC) — 4KB
• 0000814052-24-000055.txt ( ) — 28KB

From the Filing

Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of March, 2024 Commission File Number 001-09531 Telefnica, S.A. (Translation of registrant's name into English) Distrito Telefnica, Ronda de la Comunicacin sn, 28050 Madrid, Spain +34 91-482 87 00 (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F Form 20-F X Form 40-F Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1) Yes No X Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7) Yes No X Telefnica, S.A. TABLE OF CONTENTS Item Sequential Page Number 1. Telefnica Reasoned Opinion Delisting Offer T.Deutschland 2 The information contained herein is not for publication or distribution, in whole or in part, in, into, within or from any country where such publication or distribution would be in violation of the relevant legal provisions of such country. TELEFNICA, S.A. (hereinafter, Telefnica), in compliance with the Securities Market legislation, hereby communicates the following OTHER RELEVANT INFORMATION Further to the communication made on 20 March 2024 regarding the publication of the relevant offer document for the public delisting acquisition offer with the aim to acquire the shares in Telefnica Deutschland Holding AG (" Telefnica Deutschland ") not directly or indirectly held by Telefnica (the " Delisting Offer ") launched by Telefnica —through Telefnica Local Services GmbH—, we hereby inform you that Telefnica Deutschland's Management and Supervisory Boards have issued the corresponding joint reasoned statement to the Delisting Offer, which is available at Telefnica Deutschland's website (www.telefonica.deinvestor-relations). In accordance with the aforementioned statement, Telefnica Deutschland's Management and Supervisory Boards recommend to its shareholders to accept the Delisting Offer. In Madrid, on 26 March 2024 Important notice This announcement is for information purposes and neither represents an offer to purchase or sell nor a solicitation of an offer to purchase, sell or tender shares of Telefnica Deutschland. The complete terms of the Delisting Offer are set forth in the offer document approved by the German Federal Financial Supervisory Authority. Investors and shareholders of Telefnica Deutschland are strongly advised to read the offer document of the Delisting Offer as it contains important information. Where appropriate, it is furthermore recommended that investors and shareholders seek independent advice in order to receive individual assessment regarding the Delisting Offer. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Telefnica, S.A. Date March 26, 2024 By s Pablo de Carvajal Gonzlez Name Pablo de Carvajal Gonzlez Title Secretary to the Board of Directors

View Full Filing

View this 6-K filing on SEC EDGAR