DUBLIN, June 14,
2023 /PRNewswire/ -- Aptiv PLC (NYSE: APTV) (the
"Company") a global technology company focused on making
mobility safer, greener and more connected, announced today that
its 5.50% Series A Mandatory Convertible Preferred Shares (the
"Preferred Shares"), will automatically convert into ordinary
shares of the Company on June 15,
2023 (the "Conversion Date"). The conversion rate for each
Preferred Share will be 1.0754 ordinary shares of the Company. Cash
will be paid in lieu of fractional ordinary shares.
As previously announced on May 18,
2023, holders of record at the close of business on
June 1, 2023 will separately receive
a final quarterly cash dividend of $1.375 per Preferred Share on June 15, 2023.
About Aptiv
Aptiv is a global technology company that
develops safer, greener and more connected solutions enabling a
more sustainable future of mobility. Visit aptiv.com.
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SOURCE Aptiv PLC