Business
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
LONDON, November 25, 2025-- Not to be published, distributed or circulated directly or indirectly in the United States, Canada, Australia, Japan or South Africa.
About this update from Eutelsat Communications Sa
[{"type":"list","items":[{"val":[{"type":"text","content":"Subscription price: €1.35 per new share","length":39,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Subscription ratio: 8 new shares for 11 existing shares","length":55,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Theoretical value of the preferential subscription right: €0.79","length":63,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Trading period for preferential subscription rights: from November 26th to December 5th, 2025 inclusive","length":103,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Subscription period: from November 28th to December 9th, 2025 inclusive","length":71,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Subscription commitments: c. €475 million, i.e. c.71% of the total amount of the right issue, from the French Republic (the "French State") via the Agence des Participations de l’Etat (the "APE"), Bharti Space Ltd, His Majesty’s Government, via The Secretary of State for Science, Innovation and Technology of the United Kingdom (the "UK Government"), CMA CGM Participations and the Fonds Stratégique de Participations (the "FSP") pro-rata to their shareholding","length":501,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":832,"olType":false},{"type":"text","content":"LONDON, November 25, 2025--(BUSINESS WIRE)--","length":44,"tagName":"p"},{"type":"text","content":"Not to be published, distributed or circulated directly or indirectly in the United States, Canada, Australia, Japan or South Africa.","length":133,"tagName":"p","attribs":{}},{"type":"text","content":"Eutelsat (Paris:ETL) (LSE:ETL) (the "Company"), a global leader in satellite communications, announces today the launch of a share capital increase with shareholders’ preferential subscription rights for a gross amount of approximately €670 million (the "Rights Issue"), which follows the Reserved Capital Increases (as defined below) of €828 million approved at the combined general meeting of September 30th, 2025, and completed on November 21st, 2025.","length":474,"tagName":"p"},{"type":"text","content":"Context of the transaction","length":26,"tagName":"p"},{"type":"text","content":"On June 19th, 2025, the Company presented a strategic roadmap aimed...