DGAP-Adhoc: VOLKSWAGEN AG: Volkswagen informs
DGAP-Ad-hoc: VOLKSWAGEN AG / Key word(s): Miscellaneous
VOLKSWAGEN AG: Volkswagen informs
22-Feb-2022 / 09:42 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.
Volkswagen AG is in advanced discussions with Porsche Automobil Holding SE regarding a potential IPO of Dr. Ing. h.c. F. Porsche AG
Volkswagen AG and Porsche Automobil Holding SE are currently in advanced discussions regarding a potential IPO of Dr. Ing. h.c. F. Porsche AG. For this purpose, Volkswagen AG and Porsche Automobil Holding SE negotiated a Framework Agreement which should form the basis for further steps in the preparation of a potential IPO of Dr. Ing. h.c. F. Porsche AG.
The conclusion of the Framework Agreement is subject to the approval of the Management Board and the Supervisory Board of Volkswagen AG. A final decision have not yet taken.
Whether a Framework Agreement is concluded and its content as well as the question if an IPO of Dr. Ing. h.c. F. Porsche is being further assessed, is currently open and depends on the approval of both parties' boards.
Rolf Woller
Head of Group Treasury and Investor Relations
22-Feb-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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End of Announcement DGAP News Service
1285087 22-Feb-2022 CET/CEST