Distribution of FCA ownership in GEDI Gruppo Editoriale

NOT FOR DISTRIBUTION IN THE UNITED STATES OF AMERICA OR ANY OTHER JURISDICTION IN WHICH DISTRIBUTION WOULD VIOLATE THE LAWS OF THAT JURISDICTION

 

Fiat Chrysler Automobiles N.V. (“FCA”) (NYSE: FCAU / MTA: FCA) announced today that, on July 1 and 2, 2017 (1) the deed of demerger relating to the ordinary shares in GEDI Gruppo Editoriale S.p.A. (“GEDI”) held by FCA in favor of InterimCo B.V. was executed and the demerger became effective on July 2, 2017 and (2) the liquidation of InterimCo B.V. and the advance distribution of the ordinary shares in GEDI were approved.

The demerger and liquidation are the principal steps in FCA’s previously-announced plans to distribute the ordinary shares in GEDI held by FCA to the holders of its common shares.

Holders of FCA common shares will be entitled to 0.0484 ordinary shares of GEDI for each common share of FCA held. The record date for the distribution is July 4, 2017 (for FCA common shares held through participants in the Monte Titoli system) and July 6, 2017 (for FCA common shares held through other participants in the DTC system), which accounts for the different standard settlement periods as well as business days in the different primary markets.

Additional information related to the distribution of the GEDI ordinary shares to FCA shareholders has been made available on the investor relations page of the FCA website at https://www.fcagroup.com/en-us/investors/stock_info_and_shareholder_corner/shareholder_meetings/pages/default.aspx.

 

London, 2 July 2017

 

This press release contains forward-looking statements. These statements are based on the FCA group’s current expectations and projections about future events and, by their nature, are subject to inherent risks and uncertainties. They relate to events and depend on circumstances that may or may not occur or exist in the future and, as such, undue reliance should not be placed on them. Actual results may differ materially from those expressed in such statements as a result of a variety of factors, including: volatility and deterioration of capital and financial markets, including possibility of new Eurozone sovereign debt crisis, changes in commodity prices, changes in general economic conditions, economic growth and other changes in business conditions, weather, floods, earthquakes or other natural disasters, changes in government regulation, production difficulties, including capacity and supply constraints, and many other risks and uncertainties, most of which are outside of the FCA group’s control.

 

  • 02/07/2017

    Distribution of FCA ownership in GEDI Gruppo Editoriale