Adient Spin-Off from Johnson Controls

Johnson Controls completed the separation and distribution of its automotive seating and interiors business, Adient, on October 31, 2016. 100% of Adient plc ordinary shares were issued to Johnson Controls shareholders.

“the separation of the Company’s automotive seating and interiors business (“Adient”) from the rest of the Company (the “separation”) and the issuance of 100% of the ordinary shares of Adient plc to the Company’s shareholders (the “distribution”) on October 31, 2016”

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