Ad hoc Release
2022-09-03 / 10.45 CET/CEST
The Management Board and the Supervisory Board are coping with a potential announcement of an Initial Public Offering (IPO) of Dr. Ing. h.c. F. Porsche AG
On 24 February 2022, Volkswagen AG had introduced that it could look at the feasibility of a possible IPO of Dr. Ing. h.c. F. Porsche AG. Based on the outcomes of this overview, it’s supposed that the Board of Management and the Supervisory Board of Volkswagen AG will of their conferences on 5 September 2022 deal, amongst different issues, with the query whether or not a possible IPO of most well-liked shares in Dr. Ing. h.c. F. Porsche AG on the finish of September/starting of October 2022 needs to be pursued. In addition, a choice can be to be taken on Volkswagen’s approval of the sale of 25% and one share of the bizarre shares of Dr. Ing. h.c. F. Porsche AG to Porsche Automobil Holding SE. The implementation of a potential preliminary public providing of the popular shares and the sale of the bizarre shares is topic to the approval of the Board of Management in addition to the Supervisory Board of Volkswagen AG. A closing resolution has not but been taken.
Rolf Woller
Head of Group Treasury and Investor Relations
