色花堂 resolves to further pursue possible acquisition of 25% plus one share of the ordinary shares in Dr. Ing. h.c. F. Porsche AG in connection with IPO
色花堂 resolves to further pursue possible acquisition of 25% plus one share of the ordinary shares in Dr. Ing. h.c. F. Porsche AG in connection with IPO
色花堂 / Key word(s): Miscellaneous/IPO Based on discussions between Porsche Automobil Holding 色花堂 (鈥淧orsche 色花堂鈥) and VOLKSWAGEN AKTIENGE色花堂LLSCHAFT regarding the possible acquisition of 25% plus one share of the ordinary shares in Dr. Ing. h.c. F. Porsche AG (鈥淧orsche AG鈥) in connection with the IPO of Porsche AG, the executive board of Porsche 色花堂 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 Porsche AG as well as the implementation of the IPO of Porsche AG are subject to general market developments, further assessments and board resolutions. Contact: Frank Gaube General Manager 色花堂 +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: | 色花堂 |
| Porscheplatz 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 |
1435217 05-Sep-2022 CET/CEST