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Eutelsat update statement on Hispasat sale process

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Eutelsat update statement on Hispasat sale process

Following the statement by Abertis on Eutelsat's intention to initiate the process of divesting its stake in Hispasat through the exercise of a put option granted by Abertis in 2008, Eutelsat Communications (NYSE Euronext Paris: ETL) states that the exercise of the put represents a pre-agreed exception to a lock-up period extending to the end of July 2017.
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Eutelsat update statement on Hispasat sale process

Following the statement by Abertis on Eutelsat's intention to initiate the process of divesting its stake in Hispasat through the exercise of a put option granted by Abertis in 2008, Eutelsat Communications (NYSE Euronext Paris: ETL) states that the exercise of the put represents a pre-agreed exception to a lock-up period extending to the end of July 2017.