Porsche Automobil Holding SE has been informed that agreements have been signed today, by which private foundations influenced by Hon.-Prof. Dr. techn. h.c. Ferdinand K. Piëch assigned the major part of their indirectly held ordinary voting shares in Porsche Automobil Holding SE to other members of the Porsche and Piëch families. Closing of these transactions is subject to the conditions precedent of antitrust approval and approval by several Financial Supervisory Authorities of various countries. The Ferdinand Karl Beta private foundation, also influenced by Hon.-Prof. Dr. techn. h.c. Ferdinand K. Piëch, indirectly retains a minor share in Porsche Automobil Holding SE. Until closing of the transaction Hon.-Prof. Dr. techn. h.c. Ferdinand K. Piëch will remain available as member of the supervisory board of Porsche Automobil Holding SE. Contact: Frank Gaube General Manager Investor Relations +49-711-911-11046 frank.gaube@porsche-se.com |