News • 2 min read
By Bitpanda
26.09.2022
Legendary luxury car manufacturer, Porsche, is set to IPO (Initial Public Offering) on Thursday, September 29th. But you can get in pole position before that as we have enabled pre-IPO on the fastest IPO of the year - Porsche AG (Ticker: P911)
Porsche is one of the world's most successful luxury car manufacturers (based on 2021 unit sales in the global luxury automotive segment; source: S&P Global, "S&P Global Mobility Light Vehicle Sales Forecast", April 2022). From the famous 911 model, to the family friendly Cayenne, the company has continued to innovate while never losing its style.
This highly anticipated initial public offering will take place on Thursday, 29 September, giving investors and Porsche fans the opportunity to take part in the continued growth of the company. But the Bitpanda community can get involved today thanks to a pre-IPO on Porsche AG (Ticker: 911) by investing via Bitpanda Stocks*. "We are on track - we believe Porsche AG, with its robust business model and compelling financial performance, is ready to launch its IPO", said Lutz Meschke, Deputy Chairman of the Executive Board and Board Member responsible for Finance and IT of Porsche AG.
Porsche does have a presence in the market already, but there are some important differences. Porsche AG is distinct from Porsche Automobile Holding (Ticker: PAH3), which serves as a holding company for Porsche AG's subsidiaries and is not directly involved in the manufacture and sales of actual cars. Please note, Bitpanda Stocks are contracts replicating an underlying stock or ETF. Pre-IPO trading is subject to availability of pricing information from Lang & Schwarz. Pre-IPO pricing is not necessarily indicative of pricing during and after IPO day.
Disclaimer
*Bitpanda Stocks enables investing in fractional stocks. Fractional stocks in Europe are always enabled via a contract which replicates the underlying stock or ETF (financial instruments pursuant to section 1 item 7 lit. d WAG 2018). Investing in stocks and ETFs carries risks. For more details see the prospectus at bitpanda.com.
Bitpanda GmbH ve grup şirketleri (Bitpanda) Türk Parasının Kıymetini’nin Korunması Hakkında 32 sayılı Karar’ın 2/b maddesine göre Türkiye’de yerleşik sayılan hiçbir kişiye yönelik olarak 6362 sayılı Sermaye Piyasası Kanunu başta olmak üzere Türkiye Cumhuriyeti Devleti mevzuatı hükümleri gereği Türkiye’de faaliyet izni gerektiren hiçbir sermaye piyasası faaliyetine dair hizmet sunmamaktadır. Şayet Bitpanda’nın yabancı sermaye piyasalarında vermiş olduğu hizmetlerden Türkiye’de yerleşik kişilerin faydalandığı tespit edilecek olursa tüm zararları kullanıcıya ait olmak üzere bu hizmetler ivedilikle sona erdirilecektir.
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