Fiat Chrysler Automobiles N.V. and Fiat S.p.A. merge

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Following the merger, FCA issued 1,167,181,255 common shares for allotment to Fiat shareholders on the basis of the merger exchange ratio of one FCA common share for each Fiat ordinary share. In addition FCA will own 35,000,000 common shares formerly constituting the share capital of Fiat Investments N.V. as treasury shares. FCA also issued 408,941,767 special voting shares to eligible Fiat shareholders who elected to participate in FCA's loyalty voting programme. The total number of common and special voting shares constituting the share capital of FCA is therefore 1,611,123,022.

FCA common shares have been admitted to listing on the NYSE and on Mercato Telematico Azionario (MTA) and commenced trading on 13 October.

The new board of directors of FCA comprises of John Elkann, Sergio Marchionne, Andrea Agnelli, Tiberto Brandolini d'Adda, Glenn Earle, Valerie A. Mars, Ruth J. Simmons, Ronald L. Thompson, Patience Wheatcroft, Stephen M. Wolf and Ermenegildo Zegna. John Elkann was appointed as chairman of FCA and Sergio Marchionne as CEO.

Historic moment

"The formal creation of Fiat Chrysler Automobiles and its debut on the New York Stock Exchange is a historic moment. Today, building on the foundations and aspirations of Fiat S.p.A. and Chrysler Group LLC, we are beginning a completely new phase that will see our group play a major role in the future of the global automotive industry. We are ready to embrace this ambitious challenge with determination," said Elkann.

"Our listing on Wall Street is the culmination of five-and-a-half years' work to achieve an extraordinary union. FCA has set upon an aggressive course, in pursuit of the goals we laid out during our investor day on 6 May. The path we have chosen is not the path of least resistance. We have embraced the spirit of the explorer, strengthened by the pursuit of challenge and an appreciation of diversity. FCA's listing marks the hard-won arrival at a destination. Yet, like so many milestones, it is not simply an ending, but, above all, a new beginning," Marchionne said.