- (PLX AI) - Volkswagen AG resolves examination of a possible IPO of Dr. Ing. h.c. F. Porsche AG.
- • Volkswagen envisaged to divide the share capital of Dr. Ing. h.c. F. Porsche AG into 50% preferred shares and 50% ordinary shares in case of an IPO
- • Volkswagen envisaged to place up to 25% of the preferred shares on the capital market in the course of the possible IPO
- • Volkswagen: Porsche Automobil Holding SE would acquire 25% plus one share of the ordinary shares in Dr. Ing. h.c. F. Porsche AG from Volkswagen
- • Volkswagen would use the proceeds from a possible IPO of Dr. Ing. h.c. F. Porsche AG to finance the industrial and technological transformation of the Volkswagen Group and its further growth
- • Volkswagen would propose special dividend in the event of a successful IPO amounting to 49% of the total gross proceeds
- • Volkswagen employees will participate in the success of the Group in the form of an employee participation programme (approx. EUR 2,000.- per employee
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