Âé¶¹ÂãÁÄ / Key word(s): Miscellaneous/IPO Based on discussions between Âé¶¹ÂãÁÄ Automobil Holding SE (“Âé¶¹ÂãÁÄ SE“) and VOLKSWAGEN AKTIENGESELLSCHAFT regarding the possible acquisition of 25% plus one share of the ordinary shares in Dr. Ing. h.c. F. Âé¶¹ÂãÁÄ AG (“Âé¶¹ÂãÁÄ AG“) in connection with the IPO of Âé¶¹ÂãÁÄ AG, the executive board of Âé¶¹ÂãÁÄ SE resolved, with the approval of the supervisory board, to further pursue the transaction and to enter into the next phase of preparation. Potential next steps, especially the execution of the agreements required for the possible transaction (acquisition of 25% plus one share of the ordinary shares and IPO) and thus the acquisition of 25% plus one share of the ordinary shares in Âé¶¹ÂãÁÄ AG as well as the implementation of the IPO of Âé¶¹ÂãÁÄ AG are subject to general market developments, further assessments and board resolutions. Contact: Frank Gaube General Manager Investor Relations +49-711-911-11046 frank.gaube@porsche-se.com 05-Sep-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Âé¶¹ÂãÁÄ |
Âé¶¹ÂãÁÄplatz 1 | |
70435 Stuttgart | |
Germany | |
Phone: | +49 (0)711 911-11046 |
Fax: | +49 (0)711 911-11819 |
E-mail: | InvestorRelations@porsche-se.com |
Internet: | www.porsche-se.com |
ISIN: | DE000PAH0038 |
WKN: | PAH003 |
Indices: | DAX |
Listed: | Regulated Market in Berlin, Frankfurt (General Standard), Munich, Stuttgart; Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Tradegate Exchange |
EQS News ID: | 1435217 |
End of Announcement | DGAP News Service |