Abertis divests its 5.01% stake in European satellite operator Eutelsat for 275 million euros

Barcelona, 12-6-2014 — /EuropaWire/ — Abertis has completed today a process of accelerated placement with qualified investors a 5.01% stake of Eutelsat, the whole stake that Abertis still controlled in the European satellite operator. The placement, managed by UBS Limited and Barclays Bank PLC, acting as joint bookrunners, has generated proceeds of 275 million euros for Abertis, and no significant book gains are generated. Following the completion of the placement, Abertis no longer holds an ownership interest in the share capital of Eutelsat.

Abertis acquired its stake in Eutelsat at the end of 2006 when it reached an agreement with various investment funds to acquire 32% of the European satellite operator.

Abertis has sold its entire stake in Eutelsat through different operations during the last two years. In January 2012, Abertis made an accelerated placement of 16% of the shares, which supposed revenues of 981 million euros. In June of the same year, Abertis sold 7% of the satellite operator to China Investment Corporation, which resulted in 385.2 million euros. Finally, in March 2013, Abertis sold an additional 3.15% through an accelerated process of placement, with revenues of 182 million euros. In total, the company has entered over 1,800 million euros from the sale of its stake in Eutelsat.

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Communication Corporate Department 
Tel. +34 93 230 50 94
Tel. +34 93 230 57 99
Tel. +34 93 230 51 85

abertis.comunicacion@abertis.com

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