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FCA Bank S.p.A. (IRSH)

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Friday 11 January, 2019

FCA Bank S.p.A.

Notice to Noteholders

RNS Number : 9050M
FCA Bank S.p.A.
11 January 2019
 

 

Company name

FCA Bank S.p.A.

Headline

Decision of the Italian competition authority

 

 

FCA Bank S.p.A., acting through FCA Bank S.p.A., Irish Branch

 

 

 

 

For Immediate Release                                                                                            11 January 2019

 

EURONEXT DUBLIN

COMPANY ANNOUNCEMENT

 

FCA Bank S.p.A., acting through FCA Bank S.p.A., Irish Branch (the "Issuer")

Notes issued under its €12,000,000 Euro Medium Term Note Programme (the "Notes")

 

The Notes are admitted to the Main Securities Market of the Irish Stock Exchange plc (trading as Euronext Dublin) and to trading on its regulated market. 

This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation (EU) 596/2014 ("Market Abuse Regulation") and is disclosed in accordance with the Issuer's obligations under Article 17 of the Market Abuse Regulation.

On 9th January 2019 FCA Bank S.p.A. ("FCA Bank") has been informed of the decision of the Italian Competition Authority issuing fines to the captive banks of all the major car manufacturers operating in Italy (of which € 178.9 million related to FCA Bank), along with the associations Assofin and Assilea, in connection with an exchange of information on car financing services allegedly in breach of competition rules.

FCA Bank believes that the charges brought against it in the decision have no merit and will challenge the decision before the competent Administrative Court.

 

 

 For further information, please contact the Issuer at the details below.

Giacomo Carelli, FCA Bank S.p.A. CEO and General Manager

Tel:     +39 0110032090

FCA Bank, S.p.A.

 

 

 

 

 

 

 

This announcement has been issued through the Companies Announcement Service of Euronext Dublin.

 

 


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