SES S.A. (Paris:SESG) (LuxX:SESG) announces the approval by their
shareholders of all resolutions presented at their Annual General
Meeting, held in Betzdorf, Luxembourg.
The shareholders notably approved the company's 2006 accounts and
the proposed dividend of EUR 0.44 per share, which will be paid to
shareholders and holders of SES FDRs on April 20th, 2007.
Pursuant to the resolution by SES shareholders at an Extraordinary
General Meeting held on March 15th, 2007, the Board of Directors also
announced the repurchase and cancellation of the C-shares formerly
held by GE, as well as of the corresponding number of B-shares.
Following the cancellation of these shares representing 19.5% of the
capital issued, SES' free float on Euronext Paris and the Luxembourg
Stock Exchange is now at 70%.
About SES
SES (Paris:SESG) (LuxX:SESG) wholly owns three market-leading
satellite operators, SES ASTRA in Europe, SES AMERICOM in North
America, and SES NEW SKIES, which provide global coverage and
connectivity. The Company also holds strategic participations in SES
Sirius in Europe, Ciel in Canada and Quetzsat in Mexico. SES provides
outstanding satellite communications solutions via a fleet of 36
satellites in 25 orbital positions around the globe. Additional
information on SES is available at: www.ses.com