Eutelsat Com Regulatory News (ETL)

24 Apr 2007 17:07

Groupe Eurotunnel SA24 April 2007 24 April 2007 Immediate release Groupe Eurotunnel SA / Eurotunnel Group UK plc The extraordinary general meeting of the new company, Groupe Eurotunnel SA (GETSA) and that of its subsidiary, Eurotunnel Group UK plc (EGP) were held on 23April 2007. These general meetings have conferred on the Boards of Directors of GET SA andEGP the authority necessary to issue the relevant securities as provided for inthe Safeguard Plan and described in the Securities Note, in accordance with theterms and conditions set out therein. The general meeting of GET SA also delegated to the Board the possibility tocarry out capital increases, with or without preferential subscription rights,which would, if they are carried out, enable the redemption in cash of all orpart of the NRS II. Jacques Gounon, Chairman and Chief Executive said, "All the accretion mechanismsare now in place. If the Exchange Tender Offer succeeds on 15th May 2007, thisdecision, taken in the interests of current Eurotunnel shareholders, willenable, if they subscribe to these future capital increases, the redemption incash of all or part of the NRS II." The terms of the Offer and of the reorganisation of Eurotunnel are set out inthe Offer Document approved by the AMF on 4 April 2007 under number 07-112 andin the Prospectus (comprised of the Registration Document registered on 21March 2007 by the AMF under number i.07-021 and of the Securities Note approvedby the AMF on 4 April 2007 under number 07-113). These documents can be viewed on the following websites:www.groupe-eurotunnel.com (also available from Eurotunnel's website:www.eurotunnel.com) and www.amf-france.org.They are also available free ofcharge at the registered office of the company. The attention of the public is drawn in particular on the risks factorsdescribed in the Prospectus. No GET/07/02 For media enquiries contact The Press Office 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 This information is provided by RNS The company news service from the London Stock Exchange