Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Fra mikasappi på det franske Nordnet Eutelsat Forum:
Nordnet blocking non-French residents from Eutelsat rights issue
Nordnet has confirmed they will not allow non-French residents to exercise Eutelsat subscription rights. They claim only French residents can participate. This appears to be incorrect and will cost non-French Nordnet customers real money through dilution.
Why Nordnet’s interpretation appears wrong
The Eutelsat announcement states “The Rights Issue will be open to the public in France only.” Nordnet interprets this as a blanket prohibition on non-French residents. That phrase actually refers to EU prospectus regulations about public marketing to new investors, not restrictions on existing shareholders exercising their preferential subscription rights under French Commercial Code.
The subscription rights trade openly on Euronext Paris (ISIN: FR0014012K95). Anyone can buy them. If only French residents could exercise them, they’d be worthless to most buyers. The market treats these as exercisable by non-residents. Nordnet is the outlier.
The financial impact
With the 8 for 11 ratio, if you can’t participate you face approximately 42% dilution. Your €1000 position becomes worth €580 in relative terms. There’s serious money involved here, especially for larger positions.
This affects all French corporate actions
Nordnet’s infrastructure limitation affects ALL French corporate actions: rights issues, tender offers, spin-offs. If you hold French stocks through Nordnet as a non-French resident, you’re operating with a fundamental handicap.
What we can do
Document everything. Save correspondence, calculate losses, keep records.
File complaints with regulators: Finanssivalvonta (Finland), Finansinspektionen (Sweden), Finanstilsynet (Norway/Denmark). These regulators care about broker operational quality.
Escalate within Nordnet. Ask for compliance department, ask for written legal basis, ask why other EU brokers handle this.
Consider coordinated action. Nordnet operates across Sweden, Norway, Denmark, and Finland. If enough affected shareholders coordinate complaints and document losses across these jurisdictions, it creates stronger pressure for resolution or compensation.
Vote with your feet. Interactive Brokers and Saxo Bank have proper pan-European infrastructure.
Make noise. Social media, Trustpilot, forums. Public pressure matters.
The core issue
Nordnet operates as a regional broker but sells access to pan-European markets. If they can’t properly support corporate actions across those markets, they’re selling incomplete service. Customers discover these limitations only when it costs them money.
Has anyone filed regulatory complaints? Anyone interested in coordinating efforts? Anyone planning to move French holdings to a different broker?
Fra den franske etl side på Nordnet
The actual situation:
The Eutelsat announcement states “The Rights Issue will be open to the public in France only.” Nordnet is interpreting this as meaning only French residents can exercise their subscription rights. This interpretation is incorrect.
That phrase refers to EU prospectus and securities marketing regulations. When a company issues new securities, they must register the offering and create an approved prospectus in each country where they want to publicly solicit new investors. Eutelsat chose to only get French regulatory approval (AMF) for publicly marketing this rights issue.
What this means:
They can publicly advertise the offering in France but cannot publicly solicit new investors in other countries. This is a restriction on public marketing, not on existing shareholder rights.
What this does NOT mean:
It does not prohibit existing shareholders outside France from exercising their preferential subscription rights. Under French Commercial Code, shareholders have preferential subscription rights (droit préférentiel de souscription) to subscribe for new shares proportionally, regardless of where they live. These are legal shareholder entitlements, not a “public offering.”
The French AMF explicitly confirms that investors can acquire and exercise subscription rights on the market. The rights themselves trade on Euronext Paris - they wouldn’t be tradable securities if only French residents could exercise them.
The real problem:
Nordnet hasn’t built the operational infrastructure to process French corporate actions for non-French customers. Other EU brokers like Interactive Brokers and Saxo Bank handle French rights issues for non-French residents without these restrictions because they’ve invested in proper pan-European corporate actions support.
This is Nordnet’s platform limitation, not a legal restriction. They’re conflating “we can’t publicly market this offering in Finland” with “non-French customers can’t exercise their existing shareholder rights.” These are completely different things under EU securities law.
Why this matters:
For non-French Nordnet customers, the practical result is either accept full dilution or pay for their premium support line to sell the rights. Meanwhile, the same shareholder at a different broker can exercise their rights normally online at no cost.
If you hold French stocks and care about participating in corporate actions like rights issues, this is why people recommend brokers with proper cross-border infrastructure rather than regional platforms like Nordnet.
Rights issue is only available for French citizens!
I have just called Nordnet customer support to ask why I cannot buy/sell the rights issue for Eutelsat stock. They informed me that the reason the option is not available for me is due to the fact that I am not a French citizen.
What actions can I take?
Customer support said that Nordnet will automatically sell all the rights issues of their customers on 4.12, and the money from those sales will be debited in the customers' accounts shortly after.
As an alternative (if someone wants it done earlier), one can call their broker to arrange for immediate selling.
If the above is correct, then we lose the right to be able to buy shares at 1.35+0.59=1.94. Not long ago the capital increase with subscription rights for Avio went through, and there it was no problem to subscribe to them via Nordnet.
Exactly. I also asked them about that. Whereupon they replied that they “hoped” to sell. Then I asked what “hope” means, whereupon I, literally, received an explanation of what the word “hope” means (no joke): “We cannot say at this time whether it will be possible.
And that's why my colleague writes "Hopes", as we hope it can be done, but that it is not possible at the present time.
Therefore, we also do not have a price or rate”
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
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10 heinä 09.14
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Storbritannien investerar 163 miljoner euro i Eutelsat
23 kesä 05.32
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Eutelsat överväger kapitalanskaffning om 1,35 miljarder euro
2 kesä 07.18
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Osakeuutinen
Eutelsat uppges diskutera kapitalanskaffning, kan se franska staten dubbla ägandet - BN
4 huhti 12.07
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Osakeuutinen
Tyskland har finansierat Eutelsats satellitnätverk i Ukraina - Reuters
26 maalis 14.01
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Osakeuutinen
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6 maalis 07.59
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Italien uppges tvivla allt mer på att ingå affär med Starlink - BN
4 maalis 13.23
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16. joulukuuta 2024 12.52
∙
Osakeuutinen
EU ska spendera miljarder för att utveckla satellitnätverk
2. joulukuuta 2024 06.56
∙
Osakeuutinen
EQT ska förvärva 80 procent av Eutelsats nya bolag för markbaserad infrastruktur
12. elokuuta 2024 04.43
∙
Osakeuutinen
EQT i samtal om att bli majoritetsägare i Eutelsats markstationsverksamhet
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Tuotteita joiden kohde-etuutena tämä arvopaperi
Sertifikaatit
2026 Q1 -tulosraportti
42 päivää sitten28 min
0,7246 EUR/osake
Viimeisin osinko
Näytä
Uutiset ja analyysit
Uutiset ja lehdistötiedotteet
Analyysit
10 heinä 09.14
∙
Osakeuutinen
Storbritannien investerar 163 miljoner euro i Eutelsat
23 kesä 05.32
∙
Osakeuutinen
Eutelsat överväger kapitalanskaffning om 1,35 miljarder euro
2 kesä 07.18
∙
Osakeuutinen
Eutelsat uppges diskutera kapitalanskaffning, kan se franska staten dubbla ägandet - BN
4 huhti 12.07
∙
Osakeuutinen
Tyskland har finansierat Eutelsats satellitnätverk i Ukraina - Reuters
26 maalis 14.01
∙
Osakeuutinen
Italien söker efter leverantör av satellitkommunikation - Starlink och Eutelsat kandidater
6 maalis 07.59
∙
Osakeuutinen
Italien uppges tvivla allt mer på att ingå affär med Starlink - BN
4 maalis 13.23
∙
Osakeuutinen
Eutelsat rusar efter att Europa lovat större försvarsutgifter
16. joulukuuta 2024 12.52
∙
Osakeuutinen
EU ska spendera miljarder för att utveckla satellitnätverk
2. joulukuuta 2024 06.56
∙
Osakeuutinen
EQT ska förvärva 80 procent av Eutelsats nya bolag för markbaserad infrastruktur
12. elokuuta 2024 04.43
∙
Osakeuutinen
EQT i samtal om att bli majoritetsägare i Eutelsats markstationsverksamhet
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Fra mikasappi på det franske Nordnet Eutelsat Forum:
Nordnet blocking non-French residents from Eutelsat rights issue
Nordnet has confirmed they will not allow non-French residents to exercise Eutelsat subscription rights. They claim only French residents can participate. This appears to be incorrect and will cost non-French Nordnet customers real money through dilution.
Why Nordnet’s interpretation appears wrong
The Eutelsat announcement states “The Rights Issue will be open to the public in France only.” Nordnet interprets this as a blanket prohibition on non-French residents. That phrase actually refers to EU prospectus regulations about public marketing to new investors, not restrictions on existing shareholders exercising their preferential subscription rights under French Commercial Code.
The subscription rights trade openly on Euronext Paris (ISIN: FR0014012K95). Anyone can buy them. If only French residents could exercise them, they’d be worthless to most buyers. The market treats these as exercisable by non-residents. Nordnet is the outlier.
The financial impact
With the 8 for 11 ratio, if you can’t participate you face approximately 42% dilution. Your €1000 position becomes worth €580 in relative terms. There’s serious money involved here, especially for larger positions.
This affects all French corporate actions
Nordnet’s infrastructure limitation affects ALL French corporate actions: rights issues, tender offers, spin-offs. If you hold French stocks through Nordnet as a non-French resident, you’re operating with a fundamental handicap.
What we can do
Document everything. Save correspondence, calculate losses, keep records.
File complaints with regulators: Finanssivalvonta (Finland), Finansinspektionen (Sweden), Finanstilsynet (Norway/Denmark). These regulators care about broker operational quality.
Escalate within Nordnet. Ask for compliance department, ask for written legal basis, ask why other EU brokers handle this.
Consider coordinated action. Nordnet operates across Sweden, Norway, Denmark, and Finland. If enough affected shareholders coordinate complaints and document losses across these jurisdictions, it creates stronger pressure for resolution or compensation.
Vote with your feet. Interactive Brokers and Saxo Bank have proper pan-European infrastructure.
Make noise. Social media, Trustpilot, forums. Public pressure matters.
The core issue
Nordnet operates as a regional broker but sells access to pan-European markets. If they can’t properly support corporate actions across those markets, they’re selling incomplete service. Customers discover these limitations only when it costs them money.
Has anyone filed regulatory complaints? Anyone interested in coordinating efforts? Anyone planning to move French holdings to a different broker?
Fra den franske etl side på Nordnet
The actual situation:
The Eutelsat announcement states “The Rights Issue will be open to the public in France only.” Nordnet is interpreting this as meaning only French residents can exercise their subscription rights. This interpretation is incorrect.
That phrase refers to EU prospectus and securities marketing regulations. When a company issues new securities, they must register the offering and create an approved prospectus in each country where they want to publicly solicit new investors. Eutelsat chose to only get French regulatory approval (AMF) for publicly marketing this rights issue.
What this means:
They can publicly advertise the offering in France but cannot publicly solicit new investors in other countries. This is a restriction on public marketing, not on existing shareholder rights.
What this does NOT mean:
It does not prohibit existing shareholders outside France from exercising their preferential subscription rights. Under French Commercial Code, shareholders have preferential subscription rights (droit préférentiel de souscription) to subscribe for new shares proportionally, regardless of where they live. These are legal shareholder entitlements, not a “public offering.”
The French AMF explicitly confirms that investors can acquire and exercise subscription rights on the market. The rights themselves trade on Euronext Paris - they wouldn’t be tradable securities if only French residents could exercise them.
The real problem:
Nordnet hasn’t built the operational infrastructure to process French corporate actions for non-French customers. Other EU brokers like Interactive Brokers and Saxo Bank handle French rights issues for non-French residents without these restrictions because they’ve invested in proper pan-European corporate actions support.
This is Nordnet’s platform limitation, not a legal restriction. They’re conflating “we can’t publicly market this offering in Finland” with “non-French customers can’t exercise their existing shareholder rights.” These are completely different things under EU securities law.
Why this matters:
For non-French Nordnet customers, the practical result is either accept full dilution or pay for their premium support line to sell the rights. Meanwhile, the same shareholder at a different broker can exercise their rights normally online at no cost.
If you hold French stocks and care about participating in corporate actions like rights issues, this is why people recommend brokers with proper cross-border infrastructure rather than regional platforms like Nordnet.
Rights issue is only available for French citizens!
I have just called Nordnet customer support to ask why I cannot buy/sell the rights issue for Eutelsat stock. They informed me that the reason the option is not available for me is due to the fact that I am not a French citizen.
What actions can I take?
Customer support said that Nordnet will automatically sell all the rights issues of their customers on 4.12, and the money from those sales will be debited in the customers' accounts shortly after.
As an alternative (if someone wants it done earlier), one can call their broker to arrange for immediate selling.
If the above is correct, then we lose the right to be able to buy shares at 1.35+0.59=1.94. Not long ago the capital increase with subscription rights for Avio went through, and there it was no problem to subscribe to them via Nordnet.
Exactly. I also asked them about that. Whereupon they replied that they “hoped” to sell. Then I asked what “hope” means, whereupon I, literally, received an explanation of what the word “hope” means (no joke): “We cannot say at this time whether it will be possible.
And that's why my colleague writes "Hopes", as we hope it can be done, but that it is not possible at the present time.
Therefore, we also do not have a price or rate”
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
Xetra
Määrä
Osto
0
2,085
Myynti
Määrä
2,105
0
Viimeisimmät kaupat
Aika
Hinta
Määrä
Ostaja
Myyjä
-
-
-
-
-
Ylin
2,12
VWAP
2,074
Alin
2,05
VaihtoMäärä
0,2 74 437
VWAP
2,074
Ylin
2,12
Alin
2,05
VaihtoMäärä
0,2 74 437
Tietoa osakekaupankäyntiin liittyvistä riskeistä
Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Yhtiötapahtumat
Näytä kaikki
Seuraava tapahtuma
2026 Q2 -tulosraportti
13.2.2026
Menneet tapahtumat
Vuosittainen yhtiökokous 2025
20.11.
2026 Q1 -tulosraportti
21.10.
2025 Q4 -tulosraportti
5.8.
2025 Q3 -tulosraportti
15.5.
2025 Q2 -tulosraportti
14.2.
Datan lähde: FactSet, Quartr
Tuotteita joiden kohde-etuutena tämä arvopaperi
Sertifikaatit
0,7246 EUR/osake
Viimeisin osinko
Näytä
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Fra mikasappi på det franske Nordnet Eutelsat Forum:
Nordnet blocking non-French residents from Eutelsat rights issue
Nordnet has confirmed they will not allow non-French residents to exercise Eutelsat subscription rights. They claim only French residents can participate. This appears to be incorrect and will cost non-French Nordnet customers real money through dilution.
Why Nordnet’s interpretation appears wrong
The Eutelsat announcement states “The Rights Issue will be open to the public in France only.” Nordnet interprets this as a blanket prohibition on non-French residents. That phrase actually refers to EU prospectus regulations about public marketing to new investors, not restrictions on existing shareholders exercising their preferential subscription rights under French Commercial Code.
The subscription rights trade openly on Euronext Paris (ISIN: FR0014012K95). Anyone can buy them. If only French residents could exercise them, they’d be worthless to most buyers. The market treats these as exercisable by non-residents. Nordnet is the outlier.
The financial impact
With the 8 for 11 ratio, if you can’t participate you face approximately 42% dilution. Your €1000 position becomes worth €580 in relative terms. There’s serious money involved here, especially for larger positions.
This affects all French corporate actions
Nordnet’s infrastructure limitation affects ALL French corporate actions: rights issues, tender offers, spin-offs. If you hold French stocks through Nordnet as a non-French resident, you’re operating with a fundamental handicap.
What we can do
Document everything. Save correspondence, calculate losses, keep records.
File complaints with regulators: Finanssivalvonta (Finland), Finansinspektionen (Sweden), Finanstilsynet (Norway/Denmark). These regulators care about broker operational quality.
Escalate within Nordnet. Ask for compliance department, ask for written legal basis, ask why other EU brokers handle this.
Consider coordinated action. Nordnet operates across Sweden, Norway, Denmark, and Finland. If enough affected shareholders coordinate complaints and document losses across these jurisdictions, it creates stronger pressure for resolution or compensation.
Vote with your feet. Interactive Brokers and Saxo Bank have proper pan-European infrastructure.
Make noise. Social media, Trustpilot, forums. Public pressure matters.
The core issue
Nordnet operates as a regional broker but sells access to pan-European markets. If they can’t properly support corporate actions across those markets, they’re selling incomplete service. Customers discover these limitations only when it costs them money.
Has anyone filed regulatory complaints? Anyone interested in coordinating efforts? Anyone planning to move French holdings to a different broker?
Fra den franske etl side på Nordnet
The actual situation:
The Eutelsat announcement states “The Rights Issue will be open to the public in France only.” Nordnet is interpreting this as meaning only French residents can exercise their subscription rights. This interpretation is incorrect.
That phrase refers to EU prospectus and securities marketing regulations. When a company issues new securities, they must register the offering and create an approved prospectus in each country where they want to publicly solicit new investors. Eutelsat chose to only get French regulatory approval (AMF) for publicly marketing this rights issue.
What this means:
They can publicly advertise the offering in France but cannot publicly solicit new investors in other countries. This is a restriction on public marketing, not on existing shareholder rights.
What this does NOT mean:
It does not prohibit existing shareholders outside France from exercising their preferential subscription rights. Under French Commercial Code, shareholders have preferential subscription rights (droit préférentiel de souscription) to subscribe for new shares proportionally, regardless of where they live. These are legal shareholder entitlements, not a “public offering.”
The French AMF explicitly confirms that investors can acquire and exercise subscription rights on the market. The rights themselves trade on Euronext Paris - they wouldn’t be tradable securities if only French residents could exercise them.
The real problem:
Nordnet hasn’t built the operational infrastructure to process French corporate actions for non-French customers. Other EU brokers like Interactive Brokers and Saxo Bank handle French rights issues for non-French residents without these restrictions because they’ve invested in proper pan-European corporate actions support.
This is Nordnet’s platform limitation, not a legal restriction. They’re conflating “we can’t publicly market this offering in Finland” with “non-French customers can’t exercise their existing shareholder rights.” These are completely different things under EU securities law.
Why this matters:
For non-French Nordnet customers, the practical result is either accept full dilution or pay for their premium support line to sell the rights. Meanwhile, the same shareholder at a different broker can exercise their rights normally online at no cost.
If you hold French stocks and care about participating in corporate actions like rights issues, this is why people recommend brokers with proper cross-border infrastructure rather than regional platforms like Nordnet.
Rights issue is only available for French citizens!
I have just called Nordnet customer support to ask why I cannot buy/sell the rights issue for Eutelsat stock. They informed me that the reason the option is not available for me is due to the fact that I am not a French citizen.
What actions can I take?
Customer support said that Nordnet will automatically sell all the rights issues of their customers on 4.12, and the money from those sales will be debited in the customers' accounts shortly after.
As an alternative (if someone wants it done earlier), one can call their broker to arrange for immediate selling.
If the above is correct, then we lose the right to be able to buy shares at 1.35+0.59=1.94. Not long ago the capital increase with subscription rights for Avio went through, and there it was no problem to subscribe to them via Nordnet.
Exactly. I also asked them about that. Whereupon they replied that they “hoped” to sell. Then I asked what “hope” means, whereupon I, literally, received an explanation of what the word “hope” means (no joke): “We cannot say at this time whether it will be possible.
And that's why my colleague writes "Hopes", as we hope it can be done, but that it is not possible at the present time.
Therefore, we also do not have a price or rate”
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
Xetra
Määrä
Osto
0
2,085
Myynti
Määrä
2,105
0
Viimeisimmät kaupat
Aika
Hinta
Määrä
Ostaja
Myyjä
-
-
-
-
-
Ylin
2,12
VWAP
2,074
Alin
2,05
VaihtoMäärä
0,2 74 437
VWAP
2,074
Ylin
2,12
Alin
2,05
VaihtoMäärä
0,2 74 437
Tietoa osakekaupankäyntiin liittyvistä riskeistä
Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.