Eutelsat Communications: Modification to the Amount of Liquidity Contract
08 November 2024 - 4:40AM
Business Wire
Regulatory News:
EUTELSAT Communications (ISIN: FR0010221234 - Euronext Paris /
London Stock Exchange: ETL) signed a liquidity contract with BNP
PARIBAS Exane on December 1, 2007.
The resources in cash and financial instruments allocated to the
implementation of the liquidity contract have been re-examined. On
the basis of market data as at July 1, 2024, in order to ensure
that resources remain proportionate and in line with the objectives
of the contract, in accordance with AMF decision no. 2021-01 of
June 22, 2021, it has been decided to readjust the resources in
securities. As a result, 175,000 (one hundred and seventy-five
thousand) shares have been withdrawn.
As a reminder, at the time of the last half-yearly balance sheet
dated July 1, 2024, the following resources appeared in the
liquidity account:
- 497,082 EUTELSAT COMMUNICATIONS shares -
890 555 €
About Eutelsat Communications Eutelsat Group is a global
leader in satellite communications, delivering connectivity and
broadcast services worldwide. The Group was formed through the
combination of the Company and OneWeb in 2023, becoming the first
fully integrated GEO-LEO satellite operator with a fleet of 35
Geostationary (GEO) satellites and a Low Earth Orbit (LEO)
constellation of more than 600 satellites. The Group addresses the
needs of customers in four key verticals of Video, where it
distributes more than 6,500 television channels, and the
high-growth connectivity markets of Mobile Connectivity, Fixed
Connectivity, and Government Services. Eutelsat Group’s unique
suite of in-orbit assets and ground infrastructure enables it to
deliver integrated solutions to meet the needs of global customers.
The Company is headquartered in Paris and Eutelsat Group employs
more than 1,700 people across more than 50 countries. The Group is
committed to delivering safe, resilient, and environmentally
sustainable connectivity to help bridge the digital divide. The
Company is listed on the Euronext Paris Stock Exchange (ticker:
ETL) and the London Stock Exchange (ticker: ETL).
Find out more at www.eutelsat.com
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241107737291/en/
Media enquiries
Joanna Darlington Tel. +33 674 521 531
jdarlington@eutelsat.com
Anita Baltagi Tel. +33 643 930 178 abaltagi@eutelsat.com
Katie Dowd Tel. +1 202 271 2209 kdowd@oneweb.net
Investors
Joanna Darlington Tel. +33 674 521 531
jdarlington@eutelsat.com
Hugo Laurens-Berge Tel. +33 670 80 95 58
hlaurensberge@eutelsat.com
E3 Lithium (TSXV:ETL)
Historical Stock Chart
From Oct 2024 to Nov 2024
E3 Lithium (TSXV:ETL)
Historical Stock Chart
From Nov 2023 to Nov 2024