VÉLIZY-VILLACOUBLAY, France & LONDON–(Company WIRE)–Regulatory Information:
Groupe PSA (Paris:UG):
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This communication is for informational functions only and is not intended to and does not represent an give or invitation to exchange or promote or solicitation of an present to subscribe for or get, or an invitation to trade, acquire or subscribe for, any securities, any portion of the company or belongings described herein, or any other passions or the solicitation of any vote or approval in any jurisdiction in link with the proposed transaction or normally, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. This communication must not be construed in any method as a recommendation to any reader of this document.
This conversation is not a prospectus, merchandise disclosure assertion or other presenting document for the uses of Regulation (EU) 2017/1129 of the European Parliament and of the Council of June 14th 2017.
In celebration of the 1st working day of Stellantis – formed from the merger of FCA and Groupe PSA – John Elkann, Chairman, Stellantis, and Carlos Tavares, Chief Govt Officer, Stellantis, will ring the regular opening bell of the 3 stock exchanges where Stellantis shares will be shown.
Stellantis shares are expected to get started trading on Euronext in Paris and on the Borsa Italiana in Milan on Monday, January 18, 2021 and on the New York Stock Exchange (NYSE) on Tuesday, January 19, 2021. The NYSE is closed on Monday, Jan. 18, in observance of the Martin Luther King Jr. holiday break.
Opening ceremonies will be webcast:
Monday, Jan. 18:
Tuesday, Jan. 19:
- FCA and Groupe PSA expect to comprehensive the mix on January 16, 2021.
- Soon after the completion of the transaction, Groupe PSA shareholders will obtain 1.742 shares of Stellantis for each individual PSA share, even though FCA shareholders will receive 1 share of Stellantis for each FCA share.
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Fiat Chrysler Vehicles (FCA) is a worldwide automaker that styles, engineers, manufactures and sells autos in a portfolio of remarkable makes, which include Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Experienced, Jeep®, Lancia, Ram and Maserati. It also sells components and expert services underneath the Mopar title and operates in the elements and output methods sectors under the Comau and Teksid models. FCA employs almost 200,000 people around the world. For additional information concerning FCA, please pay a visit to www.fcagroup.com
About Groupe PSA
Groupe PSA patterns unique automotive ordeals and provides mobility methods to satisfy all shopper expectations. The Group has 5 car brand names, Peugeot, Citroën, DS, Opel and Vauxhall and provides a large array of mobility and smart products and services less than the Free of charge2Move manufacturer. Its ‘Push to Pass’ strategic program represents a very first action to the achievement of the Group’s eyesight to be “a worldwide carmaker with reducing-edge performance and a foremost mobility service provider sustaining life time client relationships”. An early innovator in the subject of autonomous and linked autos, Groupe PSA is also involved in funding actions by way of Banque PSA Finance and in automotive gear by using Faurecia.
Forward-On the lookout STATEMENTS
This interaction consists of ahead-seeking statements. In individual, these forward-hunting statements consist of statements regarding future economic functionality and the expectations of FCA and PSA (the “Parties”) as to the accomplishment of selected targeted metrics at any upcoming day or for any long run time period are ahead-searching statements. These statements might incorporate conditions these kinds of as “may,” “will,” “expect,” “could,” “should,” “intend,” “estimate,” “anticipate,” “believe,” “remain,” “on monitor,” “design,” “target,” “objective,” “goal,” “forecast,” “projection,” “outlook,” “prospects,” “plan,” or comparable terms. Ahead-wanting statements are not assures of upcoming efficiency. Rather, they are centered on the Parties’ existing state of understanding, foreseeable future expectations and projections about upcoming functions and are by their nature, subject matter to inherent threats and uncertainties. They relate to activities and rely on situations that could or may well not occur or exist in the long term and, as such, undue reliance should really not be positioned on them.
Genuine outcomes may possibly vary materially from those expressed in forward-looking statements as a end result of a variety of variables, including: the influence of the COVID-19 pandemic, the potential of PSA and FCA and/or the mixed group resulting from the proposed transaction (with each other with the Events, the “Companies”) to start new goods correctly and to manage auto shipment volumes improvements in the global economical marketplaces, normal financial surroundings and improvements in demand from customers for automotive products, which is topic to cyclicality modifications in regional economic and political conditions, modifications in trade plan and the imposition of international and regional tariffs or tariffs specific to the automotive sector, the enactment of tax reforms or other alterations in tax guidelines and polices the Companies’ means to extend certain of their brands globally the Companies’ capability to offer innovative, interesting goods the Companies’ ability to acquire, manufacture and sell cars with sophisticated options together with increased electrification, connectivity and autonomous-driving properties several styles of promises, lawsuits, governmental investigations and other contingencies, like products legal responsibility and warranty claims and environmental claims, investigations and lawsuits material running expenditures in relation to compliance with environmental, well being and security restrictions the intense degree of competitors in the automotive business, which may well boost because of to consolidation publicity to shortfalls in the funding of the Parties’ outlined gain pension designs the potential to present or prepare for entry to enough financing for sellers and retail consumers and involved threats related to the institution and operations of financial companies organizations the ability to access funding to execute the Companies’ organization ideas and strengthen their corporations, money condition and benefits of functions a substantial malfunction, disruption or stability breach compromising information know-how devices or the digital management units contained in the Companies’ cars the Companies’ capacity to recognize predicted positive aspects from joint undertaking preparations disruptions arising from political, social and financial instability risks linked with our interactions with staff members, dealers and suppliers improves in fees, disruptions of offer or shortages of raw materials developments in labor and industrial relations and developments in relevant labor guidelines exchange level fluctuations, fascination charge alterations, credit score hazard and other current market threats political and civil unrest earthquakes or other disasters uncertainties as to no matter whether the proposed small business mixture mentioned in this document will be consummated or as to the timing thereof the possibility that the announcement of the proposed business enterprise mixture could make it a lot more tough for the Events to establish or retain interactions with their employees, suppliers and other company companions or governmental entities the danger that the enterprises of the Get-togethers will be adversely impacted for the duration of the pendency of the proposed business blend threats relevant to the regulatory approvals required for the blend the threat that the operations of PSA and FCA will not be built-in successfully and other pitfalls and uncertainties.
Any ahead-looking statements contained in this conversation talk only as of the day of this doc and the Functions disclaim any obligation to update or revise publicly ahead-looking statements. Even more information and facts concerning the Functions and their corporations, which include aspects that could materially have an affect on the Parties’ economical benefits, are incorporated in FCA’s reports and filings with the U.S. Securities and Exchange Commission, (which include the registration statement on Form F-4 that was declared helpful by the SEC on November 20, 2020) the AFM and CONSOB and PSA’s filings with the AMF.