EQS-Adhoc

Placement price for Porsche shares set at 82.50 Euro per share

EQS-Ad-hoc: Porsche AG / Key word(s): IPO Placement price for Porsche shares set at 82.50 Euro per share 28-Sep-2022 / 21:20 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Ad-hoc release of Dr. Ing. h.c. F. Porsche AG

Placement price for Porsche shares set at 82.50 Euro per share

Volkswagen Aktiengesellschaft (“Volkswagen”) had announced on 5 September 2022 that it intends to offer up to 25% of the preference shares of Dr. Ing. h.c. F. Porsche AG ("Porsche AG") for public sale in an initial public offering. On 18 September 2022, Volkswagen set the price range for the preference shares in Porsche AG to be placed at EUR 76.50 up to EUR 82.50 per preference share.

Volkswagen has today set the placement price for the preference shares at 82.50 Euro per preference share in consultation with Porsche AG and the advising banks. A total of 113,875,000 preference shares (including 14,853,260 preference shares to cover possible over-allotments) will be placed with investors from the portfolio of Volkswagen AG.

The preference shares of Porsche AG are expected to be traded on the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) under the ticker symbol P911 GY (Xetra) as of 29 September 2022. The International Securities Identification Number (ISIN) is DE000PAG9113 and the securities identification number (WKN) is PAG911.

 

---

28-Sep-2022 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

---

Language:	English
Company:	Porsche AG
	Porscheplatz 1
	Stuttgart 70435
	Germany
Phone:	[phone]
E-mail:	[e-mail]
Internet:	https://www.porsche.com/international/
ISIN:	DE000PAG9113
WKN:	PAG911
Listed:	Regulated Market in Frankfurt (Prime Standard)
EQS News ID:	1451311

End of Announcement	EQS News Service

1451311  28-Sep-2022 CET/CEST