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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

Successful Implementation

29/06/2007 8:35am

UK Regulatory


RNS Number:2866Z
Groupe Eurotunnel SA
29 June 2007



29 June 2007


Immediate release





                             Groupe Eurotunnel SA :

            Successful implementation of the financial restructuring

                             Listing on 2 July 2007



The settlement of the exchange tender offer and the financial restructuring took
place on 28 June 2007 under the aegis of the Commissioners for the execution of
the Safeguard Plan.


This vast and complex international operation, carefully organised by Freshfield
Bruckaus Deringer France, legal advisers to Groupe Eurotunnel SA, was remarkably
implemented by the Caisse des Depots et Consignation closely with BNP Securities
Services, our registrars and Lucid Issuer Services in relation to bondholders.


The first admission of the Groupe Eurotunnel SA shares and warrants to listing
and trading on Eurolist by EuronextTM, as well as of the notes redeemable in
Groupe Eurotunnel SA shares issued by Groupe Eurotunnel SA's UK subsidiary,
Eurotunnel Group UK plc, will take place on Monday 2 July 2007. The shares in
Groupe Eurotunnel SA and the notes redeemable in GET SA shares issued by EGP
will be admitted to trading on the London Stock Exchange for the first time on
the same date.


Groupe Eurotunnel SA being the holder, as at 28 June 2007, of over 90% of the
Eurotunnel SA/PLC Units, will today request from the UK Listing Authority the
cancellation of the listing of the Eurotunnel Units in London.  The shareholders
concerned are informed that the required notice period of 20 business days
starts today and that the delisting should occur around 27 July 2007.  A similar
request for delisting will be made in respect of the listing of the Units in
Brussels.



The names of Eurotunnel SA and Eurotunnel PLC, now subsidiaries of Groupe
Eurotunnel SA, are to be changed to TNU SA and TNU PLC respectively.

Jacques Gounon, Chairman and Chief Executive of Groupe Eurotunnel SA, declared:

We have successfully turned a new page.  Groupe Eurotunnel SA has now taken its
place amongst other large European businesses with an expanding future.



No GET 08/2007



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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