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SES stock suspended from trading pending completion of allocations

LUXEMBOURG - Friday, May 27th 2016 [ME NewsWire]

(BUSINESS WIRE)-- SES S.A. (Euronext Paris:SESG) (LuxX:SESG) announces that, SES has requested the Luxembourg Stock Exchange and Euronext Paris to suspend the trading of the fiduciary depositary receipts of SES (the “FDRs”), pending allocations of the capital raising announced yesterday.

The FDRs are expected to resume trading on the Luxembourg Stock Exchange and Euronext Paris following allocation of the capital increase, which is expected to occur during the course of today’s trading session.

Disclaimer / “Safe Harbor” Statement

This press release does not constitute an offer of securities for sale in the United States. The securities referred to in this press release have not been, and will not be, registered under the US Securities Act and may not be offered or sold in the United States absent registration or an exemption from registration under such Act.

This press release does not, in any jurisdiction, and in particular not in the U.S., constitute or form part of, and should not be construed as, any offer for sale of, or solicitation of any offer to buy, or any investment advice in connection with, any securities of SES nor should it or any part of it form the basis of, or be relied on in connection with, any contract or commitment whatsoever.

No representation or warranty, express or implied, is or will be made by SES, its directors, officers or advisors or any other person as to the accuracy, completeness or fairness of the information or opinions contained in this press release, and any reliance you place on them will be at your sole risk. Without prejudice to the foregoing, none of SES or its directors, officers or advisors accept any liability whatsoever for any loss however arising, directly or indirectly, from use of this presentation or its contents or otherwise arising in connection therewith.

This press release includes “forward-looking statements”. All statements other than statements of historical fact included in this press release, including, without limitation, those regarding SES’s financial position, business strategy, plans and objectives of management for future operations (including development plans and objectives relating to SES products and services) are forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of SES to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding SES and its subsidiaries and affiliates, present and future business strategies and the environment in which SES will operate in the future and such assumptions may or may not prove to be correct. These forward-looking statements speak only as at the date of this press release. Forward-looking statements contained in this press release regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. SES and its directors, officers and advisors do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contacts

For further information:

Mark Roberts

Investor Relations

Tel. +352 710 725 490

Mark.Roberts@ses.com

 

or

Markus Payer

Corporate Communications

Tel. +352 710 725 500

Markus.Payer@ses.com

 

 

 

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