IVECO GROUP NV ANNOUNCES PUBLICATION OF SUPPLEMENT TO THE PROSPECTUS
London, December 22, 2021
Iveco Group N.V. (the “Company”) today announces the publication of the supplement to the prospectus dated November 11, 2021 (the “Prospectus”) in connection with the intended admission to trading and listing of its common shares (“Common Shares”) on the regulated market of Euronext Milan (“Admission”) in the context of the intended separation of the relevant business segments from CNH Industrial N.V. (“CNH Industrial”) to the Company by way of a Dutch law statutory demerger (afsplitsing) (the “Demerger”). The supplement to the prospectus is dated December 22, 2021 (“Supplement“) and made available, inter alia, in connection with the publication of the Company’s 2021 interim condensed combined financial statements for the nine months ended September 30, 2021, as derived from the combined consolidated financial statements of CNH Industrial for the same period as published by CNH Industrial on November 4, 2021, and forward-looking statements and profit forecasts as presented at the Iveco Group Investor Day held on November 18, 2021.
Listing of and first trading on an ‘as-if-and-when-delivered’ basis in the Common Shares on Euronext Milan under symbol IVG is expected to commence on January 3, 2022 (the “First Trading Date”).
The Netherlands Authority for the Financial Markets (Stichting Autoriteit Financiële Markten, the “AFM”) has approved the Supplement. The Prospectus and the Supplement are available on the website of the Company (www.ivecogroup.com/investor_relations).
Investing in the Company involves certain risks. A description of these risks, which include risks relating to the Company as well as risks relating to the Demerger and the Common Shares and special voting shares in the share capital of the Company (the “Special Voting Shares” and together with the Common Shares, the “Shares”) is included in the Prospectus and in the Supplement. Potential investors should read the Prospectus and the Supplement before making an investment decision in order to fully understand the potential risks and rewards associated with the decision to invest in the Shares.
Earlier announcements related to the Demerger and Admission
On December 17, 2021, CNH Industrial announced the publication of combined financial figures for both its ‘Off-Highway’ and ‘On-Highway’ businesses. On December 9, 2021, CNH Industrial and the Company announced the rating assigned to the Company by Fitch Ratings. On November 18, 2021, CNH Industrial and the Company presented the Company’s business, strategy and 2026 financial ambitions. On November 11, 2021, CNH Industrial and the Company announced the approval and publication of the Prospectus. On September 3, 2019, CNH Industrial announced the intention to separate the relevant business segments of the Company’s from CNH Industrial and to admit the Company’s shares to listing and trading on a regulated market. On June 11, 2021 and on July 5, 2021, CNH Industrial announced management changes for the Company in view of the Demerger and Admission. On October 18, 2021, CNH Industrial further announced that an Investor Day in respect of the Company, ahead of the Demerger and Admission, was to be held on November 18, 2021. These press releases are available on the corporate website of CNH Industrial (www.cnhindustrial.com/en-us/investor_relations) and/or on the corporate website of the Company (www.ivecogroup.com/investor_relations).