Half Year Liquidity Contract EUTELSAT COMMUNICATIONS Contracted With Exane BNP Paribas

Rhea-AI Summary

Eutelsat Communications has released its liquidity contract update for the second half of 2022. As of December 31, 2022, the liquidity account held a total of 307,775 shares valued at a cash balance of €1,748,502. In the second half of 2022, Eutelsat executed 2,681 transactions, buying 1,709,235 shares for €14,789,414 and selling 1,639,590 shares for €14,215,581. Compared to the first half of 2022, the liquidity account saw a decrease in cash balance and share assets, indicating a need for improved liquidity management.

Positive

• Total shares increased from 197,980 to 307,775 in the liquidity account.
• Executed a significant number of transactions (2,681 buy transactions).

Negative

• Cash balance decreased from €2,761,492 to €1,748,502.
• Overall shares sold (1,639,590) exceeded shares bought (1,709,235), indicating higher liquidity outflow.

PARIS--(BUSINESS WIRE)-- Regulatory News:

Under the liquidity contract with EUTELSAT COMMUNICATIONS (Paris:ETL) at EXANE BNP PARIBAS, at the settlement date of 31 December 2022, the following assets appeared on the liquidity account:

Total number of shares: 307,775
Cash balance: 1,748,502 €

During the 2^nd half 2022, the following transactions were recorded:

BUY	1,709,235 shares	2,681 transactions	14,789,414 €
SELL	1,639,590 shares	2,675 transactions	14,215,581 €

It is recalled that:

1. At the last biannual report (30 June 2022), the following assets appeared on the liquidity account:

Total number of shares: 197,980
Cash balance: 2,761,492 €

2. During the 1^st half 2022, the following transactions were recorded:

BUY	1,630,200 shares	2,571 transactions	17,011,823 €
SELL	1,669,400 shares	3,144 transactions	17,471,767 €

3. At 1^st July 2021 (implementation date of the 22 June 2021 AMF 2021-01 decision), the following assets appeared on the liquidity account:

Total number of shares: 353,359
Cash balance: 882,749 €

4. At 31 December 2018 (implementation date of the 2 July 2018 AMF 2018-1 decision), the following assets appeared on the liquidity account:

Total number of shares: 194,142
Cash balance: 2,457,869 €

About Eutelsat Communications

Founded in 1977, Eutelsat Communications is one of the world's leading satellite operators. With a global fleet of satellites and associated ground infrastructure, Eutelsat enables clients across Video, Data, Government, Fixed and Mobile Broadband markets to communicate effectively to their customers, irrespective of their location. Around 7,000 television channels operated by leading media groups are broadcast by Eutelsat to one billion viewers equipped for DTH reception or connected to terrestrial networks. Committed to promoting all facets of sustainable development across its business activities, Eutelsat leverages its in-orbit resources to help bridge the digital divide while maintaining a safe and uncluttered space environment. As an attractive and socially responsible employer, Eutelsat assembles 1,200 men and women from 50 countries who are dedicated to delivering the highest quality of service.

For more about Eutelsat go to www.eutelsat.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20230105005817/en/

Eutelsat Communications

Source: EUTELSAT COMMUNICATIONS

FAQ

What was the cash balance for Eutelsat Communications as of December 31, 2022?

Eutelsat Communications had a cash balance of €1,748,502 as of December 31, 2022.

How many shares did Eutelsat buy and sell in the second half of 2022?

In the second half of 2022, Eutelsat bought 1,709,235 shares and sold 1,639,590 shares.

What were the transaction volumes for Eutelsat in H2 2022?

Eutelsat recorded 2,681 buy transactions and 2,675 sell transactions in the second half of 2022.

Did Eutelsat's liquidity position improve or decline in H2 2022?

Eutelsat's liquidity position declined, with a reduction in cash balance and overall share assets.

What is the total number of shares in Eutelsat's liquidity account?

As of December 31, 2022, Eutelsat's liquidity account held a total of 307,775 shares.