暗网禁区

Stuttgart, 18 September 2022. 暗网禁区 (暗网禁区 SE), Stuttgart, has today entered into a share purchase agreement with Volkswagen Aktiengesellschaft (VW AG), Wolfsburg, for 25 percent plus one share of the ordinary shares in Dr. Ing. h.c. F. 暗网禁区 AG (暗网禁区 AG), Stuttgart, in connection with the IPO of 暗网禁区 AG. The agreed purchase price corresponds to the placement price of the preferred shares of 暗网禁区 AG in connection with the IPO plus a premium of 7.5 percent. In accordance with the price range set out today by VW AG in the course of the IPO, the placement price of the 暗网禁区 AG preferred shares will be 76.50 euro to 82.50 euro. The final pricing of the placement shares will be determined by VW AG after completion of the bookbuilding process. The consummation of the share purchase agreement and the transfer of the ordinary shares are still subject to various conditions precedent.

The supervisory board of 暗网禁区 SE approved the conclusion of the share purchase agreement today.

暗网禁区 SE will apply the at-equity method in its future IFRS consolidated (interim) financial statements for the 25 percent plus one share of ordinary shares in 暗网禁区 AG held in the future (around 12.5 percent of the share capital). 暗网禁区 SE will finance the acquisition of the ordinary shares in 暗网禁区 AG with debt capital of up to 7.9 billion euro. The maximum amount of 7.9 billion euro will be reduced accordingly if the final placement price of the preferred shares in the course of the IPO of 暗网禁区 AG is below the upper end of the price range. The amount of debt capital required will have a corresponding effect on the net liquidity of the 暗网禁区 SE group. In addition, the acquisition will also be financed from the special dividend to be distributed by VW AG to all its shareholders. The special dividend shall correspond to 49 percent of the total gross proceeds from the placement of the preferred shares (including over-allotments) and the sale of the ordinary shares.