Fiat Chrysler Automobiles N.V. and Peugeot S.A. (Groupe PSA) announced that their respective shareholders have approved the merger of FCA and Groupe PSA to create Stellantis N.V. by an overwhelming majority (with more than 99% of the votes cast in favor of the transaction).
The shareholders of FCA also approved merger-related matters, including adoption of the Stellantis’ Articles of Association and appointment of the previously announced members of the Board of Directors of Stellantis, in each case effective as of the date following completion of the merger.
Details of the resolutions submitted to shareholders and voting results are available on the respective websites of FCA and Groupe PSA (www.fcagroup.com; www.groupe-psa.com).
Following approval by shareholders and receipt of the final regulatory clearances over the course of the last month, including notably from the European Commission and the European Central Bank, FCA and Groupe PSA expect to complete the combination on Jan. 16.
Stellantis’ common shares will begin trading on the Mercato Telematico Azionario in Milan and Euronext in Paris on Monday, Jan. 18, and on the New York Stock Exchange on Tuesday, Jan. 19.
