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Groupe PSA: Shareholders agree 6-month lock-up on Faurecia shares

Posted on September 18, 2020 by admin

Fiat Chrysler Automobiles N.V. and Peugeot S.A. (“Groupe PSA”) communicate that following a request from the Companies in the context of their recently announced amendment to their combination agreement, EXOR, EFP/FFP, Bpifrance and DFG have each agreed to be subject to a lock-up of their Faurecia shares until the end of the 6 month period following completion of the proposed distribution of Groupe PSA’s 46% stake in Faurecia to all Stellantis shareholders.
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