FAQ

Company

When was Porsche SE founded?

Porsche’s extraordinary general meeting on 26 June 2007 marked the starting point for Porsche Automobil Holding SE. Shareholders of Dr. Ing. h.c. F. Porsche AG voted unanimously in favor of the operating activities of the company being spun off into a wholly owned subsidiary in accordance with the provisions of the German Transformation Act, of adopting a domination and profit transfer agreement between the holding company and the operating subsidiary, and also of transforming the holding company into a European Company, a Societas Europaea (SE). The name “Porsche Automobil Holding” was also unanimously approved. The company’s registered office is in Stuttgart.

The decision to transform the company into an SE was driven by the fact that this is a modern form of company with an international focus, which provides the prerequisites for the ongoing development of the Porsche Group. The supra-national legal status of an SE not only promotes the creation of an open and international corporate culture, but also offers the opportunity to retain a supervisory board with twelve members, which thus far has proven to be an ideal number.

The SE was entered in the trade register on 13 November 2007. This required submission of a closing balance sheet of Dr. Ing. h.c. F. Porsche AG as of 31 July 2007, which was ratified by the supervisory board the day before registration. From a legal point of view, Porsche Automobil Holding SE and the former Dr. Ing. h.c. F. Porsche AG are one and the same legal entity. This means the change in corporate form to become an SE entailed no transfer of assets and liabilities. Nevertheless, the company received a new registration number with the Stuttgart district court when it became a SE. All shareholders of the former Dr. Ing. h.c. F. Porsche AG became shareholders in Porsche Automobil Holding SE after the change in corporate form. 

What is the purpose of Porsche SE?

The business purpose of the company comprises the management of companies and the administration of investments in companies active in the following business fields or parts thereof:

  • The development, design, manufacture and distribution of vehicles, engines of all kinds and other technical or chemical products as well as of parts and assemblies thereof;
  • The provision of advice in the area of development and production, especially in the area of vehicle and engine construction;
  • The provision of advice on and development of data processing as well as the creation and distribution of data processing products;
  • The marketing of products using trademark rights;
  • The provision of financial and mobility services;
  • The exploitation, procurement, processing and distribution of raw materials used in the automobile industry;
  • The generation and procurement of energy, especially of renewable energies, as well as the trading of energy;
  • The acquisition, holding and administration as well as the disposal of real estate.

The purpose of the company includes in particular the acquisition, holding and administration as well as the sale of investments in such companies, their combination under uniform control and the provision of support and advice to them, including the provision of services on behalf of such companies. 

Where is Porsche SE headquartered?

The company’s registered office is in Stuttgart. The address reads as follows:

Porsche Automobil Holding SE
Porscheplatz 1
70435 Stuttgart 

Who belongs to the executive board?

Hans Dieter Pötsch
Industrial engineer
Chairman of the executive board and Chief Financial Officer of Porsche Automobil Holding SE

Dr. Manfred Döss
Legal affairs and compliance
Member of the executive board of Porsche Automobil Holding SE

Philipp von Hagen
B.Sc. (Economics), M.Phil. (Economics)
Investment management
Member of the executive board of Porsche Automobil Holding SE

Who belongs to the supervisory board?

Members of the supervisory board

Dr. Wolfgang Porsche
Diplomkaufmann
Chairman

Dr. Hans Michel Piëch
Attorney at law
Deputy chairman

Dr. Ferdinand Oliver Porsche
Investment management

Prof. Dr. Ulrich Lehner
Member of the shareholders’ committee of
Henkel AG & Co. KGaA

Marianne Heiß
Chief Financial Officer der BBDO Group Germany GmbH

Dr. Günther Horvath
Attorney

Mag. Josef Michael Ahorner
Entrepreneur

Dr. Stefan Piëch
Entrepreneur

Peter Daniell Porsche
Entrepreneur

As of 23 July 2018

How many people does Porsche SE employ?

As of 31 December 2017, the Porsche SE Group had 832 employees (31 December 2016: 30 employees). The increase is attributable to the inclusion of the PTV Group (PTV AG and its subsidiaries).

Where can I obtain up-to-date information, corporate news and business figures?

All relevant information and much more can be found on our website at: www.porsche-se.com. You are also welcome to contact us directly at http://www.porsche-se.com/en/contact/contact-form/.

Business figures

Where can I find the financial calendar and the next important financial publications of Porsche SE?

You can find the financial calendar on our website at: http://www.porsche-se.com/en/investor-relations/financial-calendar/.

Where can I order the current annual report, half-yearly financial report or group quarterly statement?

You can order the annual report, the half-yearly financial report or group quarterly statement using the following form http://www.porsche-se.com/en/contact/contact-form/.

Share

On which stock exchanges is the preference share of Porsche SE traded?

The stock exchange of Porsche Automobil Holding SE are all German stock exchanges. 

What is the par value of a Porsche SE share?

The shares of Porsche SE are no-par value bearer shares. 

How many shares are there currently?

Porsche SE’s subscribed capital in the form of no-par value bearer shares comprises 153,125,000 ordinary shares and 153,125,000 non-voting preference shares, each share arithmetically representing a €1 notional value of the share capital. 

When did Porsche SE last have a capital increase?

Porsche SE’s last capital increase was in April 2011. The annual general meeting of Porsche SE on 30 November 2010 had resolved to increase Porsche SE’s share capital by up to €2,500,000,000 by issuing up to 1,250,000,000 new, no-par value bearer shares and up to 1,250,000,000 new, no-par value non-voting preference shares, each representing €1.00 of the capital stock in return for cash contributions with indirect subscription rights. 

When did Porsche SE last have a share split?

Porsche SE performed the last share split in 2008 from 1 to 10. This share split involved exchanging one Porsche SE share for ten new Porsche SE shares.

Porsche SE had previously carried out a share split back in 2001 from 1 to 10. 

What is Porsche SE’s shareholder structure?

According to the information available, the ordinary shares are indirectly held exclusively by members of the Porsche and Piëch families. More than half of the preference shares are held by institutional investors – mainly outside Germany. Furthermore, preference shares are also held by private investors, most of whom are domiciled in Germany. 

Which indices is the Porsche SE preference share represented on?

The most important indices on which the Porsche SE preference shares are represented are:

CDAX, General All Share, Dow Jones Automobile & Parts Titans 30 Index, MSCI Euro Index, STOXX Europe 600 Index, STOXX All Europe 800, EURO STOXX Auto & Parts 

Is it possible for collectors to purchase old canceled share certificates of Porsche SE shares?

Unfortunately, at Porsche SE it is not possible to order canceled share certificates. 

How can I purchase ordinary shares of Porsche SE?

Ordinary shares in Porsche SE are owned exclusively by family members. 

Dividend

What is the dividend for the fiscal year 2017?

On 15 May 2018, the annual general meeting of Porsche SE voted on the dividend for the fiscal year 2017. The dividend amounts to €1.760 per preference share and €1.754  per ordinary share for the fiscal year 2017. 

On what day does a share have to be in my securities account for me to receive a dividend?

The cut-off date is the day of the annual general meeting (evening). For the dividends for the fiscal year 2017, this will be 15 May 2018. 

When will the dividend for the fiscal year 2017 be paid out?

The annual general meeting voted on the dividend for the fiscal year 2017 on 15 May 2018. According to the new legislation the dividend was distributed directly to the shareholders’ accounts kept at the custodian banks as of the third business day following the resolution of the annual general meeting, i.e., as of 18 May 2018. 

How is the dividend taxed?

The dividend is subject to withholding tax on capital income. 

Has Porsche SE declared compliance with the German Corporate German Corporate Governance Code?

You can find Porsche SE’s declaration of compliance with the German Corporate Governance Code at the following link www.porsche-se.com/en/company/corporate-governance/.

What is an SE?

As a European stock corporation, a Societas Europaea (SE) is a legal form for companies in the EU.