29.04.2014 18:33:00
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PSA Peugeot Citroën: Completion of Share and Rights Issues Reserved for Dongfeng and the French State, New Supervisory Board Structure
Regulatory News:
Following the Annual Shareholders’ Meeting of 25 April 2014, PSA Peugeot Citroën (Paris:UG) today announced the completion of share and rights issues reserved for DongFeng Motor (Hong Kong) International Co., Ltd. and SOGEPA, a fully-owned French State company, for a total of €1.048 billion.
Following the completion of these transactions and the election of Xu Ping, Liu Weidong, Bruno Bézard, as well as SOGEPA (represented by Florence Verzelen), Etablissements Peugeot Frères (represented by Thierry Peugeot) and FFP (represented by Robert Peugeot) to the Supervisory Board, the latter appointed Louis Gallois, who is an independent member, as its Chairman.
In addition, the Supervisory Board appointed Bruno Bézard, Thierry Peugeot and Xu Ping as Vice-Chairmen of the Supervisory Board, Geoffroy Roux de Bézieux as Senior Independent Supervisory Board Member and Jean-Philippe Peugeot as Board Observer.
On taking up his duties, Louis Gallois, speaking on behalf of the members of the Board, paid tribute to Thierry Peugeot for the work he accomplished as Chairman of the Peugeot S.A. Supervisory Board since 2002.
About PSA Peugeot Citroën
With its three
world-renowned brands, Peugeot, Citroën and DS, PSA Peugeot Citroën sold
2.8 million vehicles worldwide in 2013, of which 42% outside Europe. The
second largest carmaker in Europe, PSA Peugeot Citroën recorded sales
and revenue of €54 billion in 2013. The Group confirms its position of
European leader in terms of CO2 emissions, with
an average of 115.9 grams of CO2/km in 2013.
PSA Peugeot Citroën has sales operations in 160 countries. It is also
involved in financing activities (Banque PSA Finance) and automotive
equipment (Faurecia).
For more information, please visit www.psa-peugeot-citroen.com
Communications Department, Media relations : 75 av. de la Grande Armée -
75116 Paris
Telephone (33 1) 40 66 42 00 - www.psa-peugeot-citroen.com
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