SES FDR

Director's Dealing • Sep 19, 2019

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1. Details of the person discharging managerial responsibilities/person closely associated
	a) Name -	LUXEMPART INVEST S.A.R.L.
	2 Dosconfor the notification

	I. TReason for the notification
	a) Position / status*
		M. François TESCH est membre du Conseil d'administration de SES et Président] lde Luxempart S.A. Luxempart S.A. est le gérant de Luxempart Invest S.à r.l.
b)	Initial notification / amendment~

3.	Details of the issuer, emission allowance market participant, auctioneer or auctioneer or auction monitor
a)	Name	SES
b)	LEIP	5493008JPA4HYMH1HX51

4. Details of the transaction(s)
	section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place]
where transactions have been conducted
a)	Description of the financial
	instrument, type of instrument 6	Actions
	Identification code7	LU 0088087324
b)	Nature of the transaction	CESSION
	Price(s) and volume(s)"	Price(s)		Volume(s)
		14,1788		56
d	Aggregated information
	- Aggregated volume10	56
	Price 11	14,1788
	Date of the transaction12	08/07/2019
	Place of the transaction13	NYSE Euronext Paris

4. Details of the transaction(s) section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
al	Description of the financial
	instrument, type of instrument 8	Actions
	Identification code7	LU 0088087324
b	Nature of the transaction®	CESSION
	Price(s) and volume(s)"	Price(s)	Volume(s)
		14,3467	499 944
ರು	Aggregated information
	- Aggregated volume 10	499.944
	Price 11	14,3467
e	Date of the transaction12	26/07/2019
	Place of the transaction13	NYSE Euronext Paris

4. Details of the transaction(s)
section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place
	where transactions have been conducted
a)	Description of the financial
	instrument, type of instrument 8	Actions
	Identification code7	LU 0088087324
0	Nature of the transaction	CESSION
C)	Price(s) and volume(s)"	Price(s)		Volume(s)
		14,4882		152.915
d)	Aggregated information
	- Aggregated volume 10	152.915
	Price11 -	14,4882
	Date of the transaction12	08/08/2019
	Place of the transaction13	NYSE Euronext Paris

4.	Details of the transaction(s)
section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each place)
	where transactions have been conducted
a)	Description of the financial
	instrument, type of instrument 8	Actions
	Identification code 7	LU 0088087324
b)	Nature of the transaction®	CESSION
C)	Price(s) and volume(s)"	Price(s)		Volume(s)
		14,4846		137.978
d)	Aggregated information
	- Aggregated volume10	137.978
	Price 11	14,4846
e	Date of the transaction12	09/08/2019
f)	Place of the transaction13	NYSE Euronext Paris

4.	Details of the transaction(s) section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial
	instrument, type of instrument 0	Actions
	Identification code 7	LU 0088087324
	Nature of the transaction8	CESSION
	Price(s) and volume(s)"	Price(s)		Volume(s)
		14,5141		3.522
d)	Aggregated information
	- Aggregated volume 10	3.522
	Price 11	14,5141
	Date of the transaction12	12/08/2019
	Place of the transaction13	NYSE Euronext Paris

এ.	Details of the transaction(s)
	section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place)
where transactions have been conducted
a)	Description of the financial
instrument, type of instrument ° Actions
	Identification code7		LU 0088087324
0	Nature of the transaction	CESSION
C)	Price(s) and volume(s)"		Price(s)	Volume(s)
			14,4867	17.518
ರ)	Aggregated information
	- Aggregated volume 10	17.518
	Price 11	14,4867
	Date of the transaction12	13/08/2019
	Place of the transaction 13	NYSE Euronext Paris

ব .	Details of the transaction(s)
	section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place
	where transactions have been conducted
Description of the financial a)
	instrument, type of instrument 8	Actions
	Identification code7	LU 0088087324
0	Nature of the transaction	CESSION
	Price(s) and volume(s)"	Price(s)	Volume(s)
		14,4883	1.287
ರ	Aggregated information
	- Aggregated volume 10	1.287
	Price 11	14,4883
e	Date of the transaction12	14/08/2019
	Place of the transaction13	NYSE Euronext Paris

4.	Details of the transaction(s)
	section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place]
	where transactions have been conducted
al	Description of the financial
	instrument, type of instrument 0	Actions
	Identification code 7	LU 0088087324
0	Nature of the transaction	CESSION
	Price(s) and volume(s)"	Price(s)	Volume(s)
		14,4553	250.000
ರ	Aggregated information
	- Aggregated volume 10	250.000
	Price 11	14,4553
el	Date of the transaction12	29/08/2019
	Place of the transaction13	NYSE Euronext Paris

	Details of the transaction(s)
	section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place)
	where transactions have been conducted
a	Description of the financial
	instrument, type of instrument 8	Actions
	Identification code 7	LU 0088087324
0	Nature of the transaction®	CESSION
	Price(s) and volume(s)	Price(s)		Volume(s)
			14,6110	168.002
d) Aggregated information
	- Aggregated volume 10	168.002
	Price 11	14,6110
e	Date of the transaction12	29/08/2019
	Place of the transaction 13	NYSE Euronext Paris

এ	Details of the transaction(s) section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each place) where transactions have been conducted
a)	Description of the financial
	instrument, type of instrument 0	Actions
	Identification code7	LU 0088087324
b)	Nature of the transaction®	CESSION
C	Price(s) and volume(s)"	Price(s)		Volume (s)
		14,6030		18.778
d)	Aggregated information
	- Aggregated volume 10	18.778
	Price11	14,6030
e	Date of the transaction12	30/08/2019
	Place of the transaction13	NYSE Euronext Paris

4.	Details of the transaction(s)
	section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each place)
	where transactions have been conducted
a)	Description of the financial
	instrument, type of instrument 0	Actions
	Identification code7	LU 0088087324
b)	Nature of the transaction®	CESSION
C)	Price(s) and volume(s)"	Price(s)		Volume(s)
		14,6768		218.184
d)	Aggregated information
	- Aggregated volume 10	218.184
	- Price11	14,6768
el	Date of the transaction12	30/08/2019
	Place of the transaction13	NYSE Euronext Paris

4.	Details of the transaction(s)
	section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place)
	where transactions have been conducted
a)	Description of the financial
	instrument, type of instrument 9	Actions
	Identification code7	LU 0088087324
b	Nature of the transaction®	CESSION
	Price(s) and volume(s)"	Price(s)	Volume(s)
		14,4951	21.130
d)	Aggregated information
	- Aggregated volume 10	21.130
	- Price 11	14,4951
e	Date of the transaction12	02/09/2019
	Place of the transaction 13	NYSE Euronext Paris

4.	Details of the transaction(s)
	section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial
	instrument, type of instrument 8	Actions
	Identification code7	LU 0088087324
Q	Nature of the transaction®	CESSION
	Price(s) and volume(s)"	Price(s)	Volume(s)
		14,4743	4.088
d)	Aggregated information
	- Aggregated volume 10	4.088
	Price 11	14,4743
el	Date of the transaction12	12/09/2019
	Place of the transaction 13	NYSE Euronext Paris

4. Details of the transaction(s) section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument 6 Actions Identification code7 LU 0088087324 b) Nature of the transaction8 CESSION c) Price(s) and volume(s) 9 Price(s) Volume(s) 14,5422 229.676 d) Aggregated information - Aggregated volume 10 229.676 - Price11 14,5422 e) Date of the transaction12 13/09/2019 Place of the transaction13 f) NYSE Euronext Paris

Details of the transaction(s) 4. section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place
	where transactions have been conducted
a)	Description of the financial
	instrument, type of instrument °	Actions
	Identification code7	LU 0088087324
0	Nature of the transaction8	CESSION
	Price(s) and volume(s)3	Price(s)	Volume(s)
		14,6441	26.922
ರ	Aggregated information
	- Aggregated volume 10	26.922
	Price11	14,6441
e	Date of the transaction12	13/09/2019
	Place of the transaction13	NYSE Euronext Paris

² For natural persons: the first name and the last name(s). For legal persons: full name including legal form as provided for in the register where it is incorporated, if applicable.

2 For persons discharging managerial responsibilities: the position occupied within the issuer, emission allowances market participant/auction platform/auctioneer/auction monitor should be indicated, e.g. CEO, CFO.

For persons closely associated:

• an indication that the notification concerns a person closely associated with a person discharging managerial responsibilities,

• the name and position of the relevant person discharging managerial responsibilities.

3 Indication that this is an initial notifications. In case of amendment to prior notifications. In case of amendment, explain the error that this notification is amending.

4Full name of the entity.

5 Legal Entity Identifier code in accordance with ISO 17442 LEI code.

6 Indication as to the nature of the instrument:

• a share, a debt instrument, a derivative or a financial instrument linked to a share or a debt instrument;

• an emission allowance, an auction product based on an emission allowance or a derivative relating to an emission allowance.

Instrument identification code as defined under Commission Delegated Regulation supplementing Regulation (EU) N 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the reporting of transactions to competent authorities adopted under Article 26 of Regulation (EU) N° 600/2014.

8 Description of the transaction type using, where applicable, the type of transaction identified in Article 10 of the Commission Delegated Regulation (EU) 2016/522 adopted under Article 19(14) of Regulation (EU) Nº 596/2014 or a specific example set out in Article 19(7) of Regulation (EU) No 596/2014. Pursuant to Article 19(6)(e) of Regulation (EU) N' 596/2014, it shall be indicated whether the transaction is linked to the exercise of a share option programme.

3 Where more than one transaction of the same nature (purchases, sales, lendings, borrows, ...) on the same financial instrument or emission allowance are executed on the same place of transaction, prices and volumes of these transactions shall be reported in this field, in a two columns form as presented above, inserting as many lines as needed.

Using the data standards for price and quantity, including where applicable the price currency and the quantity currency, as defined under Commission Delegated Regulation supplementing Regulation (EU) Nº 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the reporting of transactions to competent authorities adopted under Article 26 of Regulation (EU) Nº 600/2014.

10 The volumes of multiple transactions are aggregated when these transactions:

• relate to the same financial instrument or emission allowance;
• are of the same nature;
• are executed on the same day; and
• are executed on the same place of transaction.

Using the data standard for quantity, including where applicable the quantity currency, as defined under Commission Delegated Regulation supplementing Regulation (EU) Nº 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the reporting of transactions to competent authorities adopted under Article 26 of Regulation (EU) Nº 600/2014.

11 Price information:

• In case of a single transaction, the price of the single transaction;

— In case the volumes of multiple transactions are aggregated: the weighted average price of the aggregated transactions.

Using the data standard for price, including where applicable the price currency, as defined under Commission Delegated Regulation supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the reporting of transactions to competent authorities adopted under Article 26 of Regulation (EU) No 600/2014.

12 Date of the particular day of execution of the notified transaction. Using the ISO 8601 date format: YYYY-MM-DD; UTC time.

43 Name and code to identify the MiFID trading venue, the systematic internaliser or the organised trading platform outside of the Union where the transaction was executed as defined under Commission Delegated Regulation supplementing Regulation (EU) Nº 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the reporting of transactions to competent authorities adopted under Article 26 of Regulation (EU) Nº 600/2014, or if the transaction was not executed on any of the above mention 'outside a trading venue'.