Bharti Space Increases Stake in Eutelsat Communications
Bharti Space Limited, an administrator of Eutelsat Communications, has acquired approximately 88.7 million shares of the satellite group, according to a statement issued under the European Market Abuse Regulation.
Acquisition Details
According to the announcement, on December 16, 2025, Bharti Space Limited purchased 88,683,512 shares of Eutelsat Communications on the Euronext Paris market. The transaction was carried out at a unit price of 1.35 euros, as reported. This transaction is part of the reporting obligations imposed on persons discharging managerial responsibilities, in accordance with Article 19 of the European Market Abuse Regulation. Bharti Space Limited holds the status of an administrator within the satellite telecommunications group.
Regulatory Compliance
The notification made by Eutelsat Communications is a legal obligation for any transaction carried out by executives or persons closely associated with them. The group, identified under the LEI code 549300EFWH9UR17YSK05, has communicated this information to the market in compliance with the European regulatory framework. The transaction involves ordinary shares identified by the ISIN code FR0010221234. Bharti Space Limited acts here in the capacity of a person discharging managerial responsibilities, and not as a closely associated person, the document specifies.
Execution and Market Information
The transaction was executed on the Euronext Paris platform under the market code XPAR, the statement indicates. Eutelsat Communications, a telecommunications satellite operator, is listed on the regulated Paris market. The declaration does not provide any details on the motivations or strategic objectives associated with this acquisition of shares by Bharti Space Limited. It is an initial notification, and not an amendment to a previous declaration.
