Âé¶¹ÂãÁÄ

Âé¶¹ÂãÁÄ resolves to further pursue possible acquisition of 25% plus one share of the ordinary shares in Dr. Ing. h.c. F. Âé¶¹ÂãÁÄ AG in connection with IPO

Âé¶¹ÂãÁÄ / Key word(s): Miscellaneous/IPO
Âé¶¹ÂãÁÄ resolves to further pursue possible acquisition of 25% plus one share of the ordinary shares in Dr. Ing. h.c. F. Âé¶¹ÂãÁÄ AG in connection with IPO

05-Sep-2022 / 22:56 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


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.
Archive at www.dgap.de


                            
    
 

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