It’s official! The Moroccan Capital Market Authority (AMMC) has validated the preliminary prospectus for Stellantis’ capital increase, specifically reserved for the group’s employees. This announcement was made on Tuesday, confirming the issuance of up to 14 million new shares, with the subscription price to be set on September 9, 2024.
In Morocco, this operation will include employees from Fiat Chrysler Automobiles Morocco, Peugeot Citroen DS Maroc, Italcar, Peugeot Citroen Automobiles Maroc, and PSA Services Maroc.
The prospectus also contains crucial information about the employee investment funds (FCPE) “International Stellantis” and “Shares to Win Relais 2024,” both approved by the French financial markets authority (AMF). Additionally, it includes Stellantis N.V.’s 2023 activity report and the regulations for the group’s international employee savings plan (PIES).
These documents are accessible at the headquarters of the mentioned companies, at BMCI, and online on the Stellantis and AMMC websites.
Stellantis’ capital increase aims to strengthen employee engagement by providing them with a direct stake in the company’s success. This initiative is part of Stellantis’ broader strategy to foster a participative corporate culture and ensure that its workforce can share in its growth and prosperity.
