Today 09/27/2016 - 03:51:09 PM
Peugeot SA 13.190€
CAC 40 4,378.62 PTS
Completion of Share and Rights Issues Reserved for Dongfeng and the French State, New Supervisory Board Structure
Following the Annual Shareholders’ Meeting of 25 April 2014, PSA Peugeot Citroën 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.