On February 24, 2022, Volkswagen AG had announced that it would examine the feasibility of a possible IPO of Dr. Ing. h.c. F. Porsche AG. Based on the results of this review, the Board of Management of Volkswagen AG today resolved, with the consent of the Supervisory Board, to pursue an initial public offering of the preferred shares of Dr. Ing. h.c. F. Porsche AG with the target to list them on the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) - subject to further capital market developments - at the end of September / beginning of October 2022 ("intention to float") to be completed by the end of the year.
Further information can be found in the ad hoc announcement of Volkswagen AG.
The following Gleiss Lutz team is advises the supervisory board of Volkswagen AG: Prof. Dr. Michael Arnold (partner), Dr. Adrian Bingel (partner, both lead, both corporate), Prof. Dr. Christian Arnold (partner, employment, all Stuttgart), Dr. Matthias Gärtner (counsel, Dusseldorf), Dr. Markus Martin (counsel), Dr. Moritz Rudzio (counsel), Dr. Jan-David Geiger, Moritz Stilz, Dr. Nikolai Unmuth, Oliver Wolf, Aaron Waible, Julia Schumann, Daniel Bernhardt (all Stuttgart, Corporate), Dr. Stephan Aubel (partner, Corporate and Capital Markets), Dr. Andreas Löhdefink (partner, Corporate, both Frankfurt), Dr. Ricarda Zeh, Jonas Hofer, Eva Schiebsdat, Peter Hummel (all Employment, all Stuttgart).
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