Volkswagen sets price range for Porsche shares


The Executive Board and the Supervisory Board determine the price range and the structure of the offer for Porsche’s IPO.

Volkswagen had announced on September 5, 2022 that the Management Board, with the approval of the Supervisory Board, had decided to launch an initial public offering of the preferred shares of Porsche.

Volkswagen’s Management Board, with the approval of the Supervisory Board, has set a price range between E76.50 and E82.50 per preferred share. In total, up to 113,875,000 preferred shares from Volkswagen’s holdings are expected to be placed with investors during the IPO.

Porsche shares are expected to begin trading on September 29, 2022.

Depending on the final number of preferred shares placed and the final determination of the offering price, the gross proceeds (including potential over-allotments) range from €8.71 billion to €9.39 billion.

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