New The Executive Board and the Management Board are dealing with the possibility of an IPO statement for Dr. Ing. hc F. Porsche AG

DGAP-Ad-hoc: VOLKSWAGEN AKTIENGESELLSCHAFT/ Keyword/s: IPO/Declaration of Intent
VOLKSWAGEN AKTIENGESELLSCHAFT: The Supervisory Board and the Supervisory Board are dealing with the possibility of an IPO statement for Dr. Ing. hc F. Porsche AG

03092022/ 10: 45 CET/CEST
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The Executive Board and the Management Board are dealing with the possibility of an IPO statement for Dr. Ing. hc F. Porsche AG

On February 24, 2022, Volkswagen AG revealed that the prospective IPO of Dr. Ing. hc F. Porsche AG to be observed. Based upon the outcomes of this evaluation, it is planned that the management board and the management board of Volkswagen AG will attend to the concern of whether they must think about a possible IPO of the proposed shares of Dr. Ing. hc F. Porsche AG. In addition, the approval of Volkswagen AG for the sale of 25 percent and one share of Dr. Ing. hc F. Porsche AG to Porsche Automobil Holding SE. The execution of a possible IPO of choice shares and the sale of common shares needs the approval of the Supervisory Board and the Supervisory Board of Volkswagen AG. The decision has actually not yet been made.

Rolf Woller

Group Head of Treasury and Investor Relations

09/03/2022 CET/CEST DGAP circulation services consist of statutory reporting requirements, business news/financial news and news release.
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