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ETL Eutelsat Communications S.a.

4.265
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Eutelsat Communications S.a. LSE:ETL London Ordinary Share FR0010221234 ORD SHS EUR1 (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 4.265 4.25 4.28 324 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Communications Services, Nec 1.5B 314.9M 0.6627 5.67 1.79B

Offer Update

21/06/2007 11:01am

UK Regulatory


RNS Number:7658Y
Groupe Eurotunnel SA
21 June 2007


21 June 2007


Immediate release


                     Final results of Exchange Tender Offer

       Settlement of Groupe Eurotunnel SA (GET SA) shares on 28 June 2007

            Initial listing of GET SA Shares on Monday 02 July 2007


The AMF has published the final results of the Exchange Tender Offer made by GET
SA for Eurotunnel PLC/Eurotunnel SA Units. In total, 2.368.864.450 Units
representing 93,04% of the share capital of these two companies have been
tendered. As a result, the total number of GET SA warrants to be issued as part
of the implementation of the Eurotunnel Safeguard Plan will be 4.307.026.273.

The settlement of the Offer, along with the debt restructuring and almost all
the steps to implement the Eurotunnel Safeguard Plan will occur on 28 June 2007.
Nonetheless, given the complexity of the steps necessary to complete the
implementation, some may, for purely practical reasons, not be concluded until
29 June 2007.

As a result, GET SA has requested from Euronext, who has accepted, that the
initial listing of its shares and warrants, and that of the Notes Redeemable for
Shares in GET SA to be issued by its subsidiary EGP, should take place on 2 July
2007.

In addition, in accordance with the Safeguard Plan, GET SA will carry out a
consolidation of its shares at a ratio of 1:40 by the end of 2007.

Jacques Gounon, Chairman and Chief Executive said, "I extend my warmest thanks
to shareholders for the massive support that they have given to the Safeguard
Plan. The share consolidation will give a share value which should be much more
representative of the new Eurotunnel, which is now in place and able to
concentrate fully on its development".


No GET 07/2007


For media enquiries contact on + 44 (0) 1303 284491
Email: press@eurotunnel.com


For investor enquiries contact Michael Schuller on + 44 (0) 1303 288 749.
Email: michael.schuller@eurotunnel.com


                           www.groupe-eurotunnel.com


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END
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