PEUGEOT INVEST (EPA:PEUG) - The Peugeot family group increases its stake in Peugeot S.A. by 2%

Transparency directive : regulatory news

09/12/2020 18:15

PRESS RELEASE

Neuilly-sur-Seine, 9 December 2020

      The Peugeot family group increases its stake in Peugeot S.A. by 2%

The equity swap agreement signed with an investment services provider and
announced on 9 March 2020 has been settled before its term. The total number of
Peugeot S.A. shares acquired under this contract is 18.1 million, for a total
amount of EUR228 million.

The shares acquired represent 2.0% of Peugeot S.A.'s share capital, in
accordance with the authorisation provided for in the Combination Agreement
signed between Peugeot S.A. and Fiat Chrysler Automobile N.V. on 18 December
2019.

All of the Peugeot S.A. shares in the Peugeot family group are now held by
Maillot I, which is 76.5%-owned by FFP and 23.5%-owned by its majority
shareholder Etablissements Peugeot Frères. It now holds 14.38% of the capital
and 19.36% of the voting rights of Peugeot S.A..

This settlement comes in the context of the upcoming merger between Peugeot
S.A. and Fiat Chrysler Automobiles, expected to take place after the general
meetings of the two groups to be held on 4 January 2021.

Commenting on this transaction, Jean-Philippe Peugeot, Chairman of the Board of
Etablissements Peugeot Frères, and Robert Peugeot, Chairman of the Board of
FFP, declared: "The Peugeot family group, historical shareholder of PSA Group,
is delighted to increase its stake in the capital. This transaction clearly
demonstrates its commitment and desire to become one of the main shareholders
of the future Stellantis Group and reflects its confidence in its future
development."

Bertrand Finet, CEO of FFP, added: "We seized the opportunity to strengthen our
position in PSA under excellent conditions. We are pleased to participate even
more in the future value creation of Stellantis."

About FFP:

FFP is an investment company listed on Euronext, majority-owned by
Etablissements Peugeot Frères. FFP is one of the leading shareholders of
Peugeot S.A. and pursues a minority-shareholding and long- term investment
policy. FFP holds participations in listed companies (SEB, Safran, ORPEA, LISI,
SPIE), non-listed companies (Tikehau Capital Advisors, Acteon, Total-Eren),
co-investments (IHS, JAB Holding), private equity funds and real estate (SIGNA
Prime Selection, Immobilière Dassault).

                               www.groupe-FFP.fr

Investor relations

Sébastien Coquard +33 1 84 13 87 20
sebastien.coquard@groupe-FFP.fr

Press contact

Pierre Zajdela +33 6 14 10 24 09
pierre.zajdela@havas.com

PEUGEOT INVEST's latest news

10/04/2024 17:45

PEUGEOT INVEST (EPA:PEUG) - The Peugeot family group increases its stake in Peugeot S.A. by 2%

Transparency directive : regulatory news

PEUGEOT INVEST's latest news

Other stories