GET: Groupe Eurotunnel SA: Groupe Eurotunnel: Reduction of Capital by
Cancelling Shares Held by the Company
UK Regulatory Announcement
Groupe Eurotunnel SA has cancelled, on 3^rd December 2012, 10.6 million shares
held by the company^i. These shares were originally purchased as part of the
company’s share buyback programme, in readiness for cancellation.
This transaction, which reduces the overall number of shares, mechanically
increases the potential earnings per share and has an immediate value adding
effect. This will enable Groupe Eurotunnel SA to optimize its balance sheet
and to create value for its shareholders.
As a consequence of this transaction, the capital is now composed of
550,000,000 shares of a nominal value of €0.40 each.
Since 2007, the transactions^ii undertaken by Groupe Eurotunnel have, in
total, enabled shareholders to see an increase in value of 10.26% of the
capital. To this can also be added an amount of more than €90 million
corresponding to the dividends paid since 2009.
^i 10,572,129 shares with a nominal value of €0.40, precisely
^ii Amongst these transactions are the cancelling of shares as part of the
buyback programmes, the refinancing of warrants redeemable in shares, the free
attribution of shares and the exercise of the 2007 warrants through the
issuing of 136 million new shares.
John Keefe, + 44 (0) 1303 284491
Michael Schuller, +44 (0) 1303 288749
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