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ETL Eutelsat Communications SA News Story

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Brief: Eutelsat Launches EUR 670 Mln Rights Issue

Nov 25 (Reuters) - Eutelsat Communications SA ETL.PA:

EUTELSAT ANNOUNCES TODAY THE LAUNCH OF A C. €670 MILLION RIGHTS ISSUE AS PART OF ITS C. €1.5 BILLION CAPITAL RAISE TO REINFORCE ITS FINANCIAL STRUCTURE AND FUND STRATEGIC AMBITIONS

SUBSCRIPTION PRICE SET AT €1.35 PER NEW SHARE

SUBSCRIPTION COMMITMENTS TOTAL €475 MILLION, 71% OF RIGHTS ISSUE

NET PROCEEDS FROM RIGHTS ISSUE ESTIMATED AT €660 MILLION

SUBSCRIPTION PERIOD: FROM NOVEMBER 28(TH) TO DECEMBER 9(TH), 2025 INCLUSIVE

EUTELSAT - SUBSCRIPTION RATIO 8 NEW SHARES FOR 11 EXISTING SHARES

Source text: nBw8qzYzDa

Further company coverage: ETL.PA

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7785110;))

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