Chrysler 2011 Annual Report Download - page 381

Motions
for AGM
380
The Company shall communicate to the market information regarding the number of shares subject to withdrawal and, therefore, the satisfaction of or
failure to satisfy the above conditions precedent, by a press release which will be published within 10 business days after the closing of the period for the
exercise of withdrawal rights (as better described in paragraph 21 below).
It remains understood that the Conversions shall not be effective and will be not carried out prior to the publication of the notice and that, in any event, the
Conversions will be executed as soon as all legal requirements will have been complied with.
Should the above conditions be satisfied, the Company shall proceed with the preemptive offer to existing shareholders of the shares subject to withdrawal
and with the offer to the market of the shares remaining after the preemptive offer and shall communicate to the market the results of such offers by a
press release to be published within 2 business days of the closing of each offer.
12. Amount of preference and savings shares to be converted and of ordinary shares to be offered under the Conversions
Subject to the conditions precedent described above, all outstanding preference shares (No. 103,292,310) and/or savings shares (No. 79,912,800) shall
be converted into ordinary shares bearing the same rights as those pertaining to the ordinary shares currently issued by the Company, including the
economic rights with respect to the 2012 financial year.
Based on the Conversion ratios described in paragraph 9 above, the amount of ordinary shares to be issued as a result of the Conversions is equal
to 157,722,163 in case of conversion of both savings and preference shares, to 87,798,463 in case of Conversion of preference shares only and to
69,923,700 in case of Conversion of savings shares only.
Preference and savings shares in relation to which the withdrawal rights – within the thresholds set forth in paragraph 11 above – will have been exercised
and which may result still outstanding following the steps described in paragraph 21 below will be purchased by the Company and converted into ordinary
treasury shares.
13. Trend of the prices of preference and savings shares to be converted over the last six months
Ordinary Preference Savings
27 Apr 23 May 18 Jun 14 Jul 9 Aug 4 Sep 30 Sep 26 Oct
9.00
8.00
7.00
6.00
5.00
4.00
3.00
2.00