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ETL Eutelsat Communications SA News Story

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Eutelsat falls after completing rights issue

** Shares in Eutelsat fall around 7%, to the bottom of France's SBF120 index .SBF120, after the satellite operator completed its capital increase plan

** Eutelsat says its 670-million-euro ($786.58 million) rights issue was successfully carried out at a subscription price of 1.35 euros per new share

** Subscription price is 35% below Thursday's close of 2.09 euros

** Up to the previous session, shares of Eutelsat have gained 18% this year

($1 = 0.8518 euros)

(Reporting by Gianluca Lo Nostro)

((gianluca.lonostro@thomsonreuters.com;))

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