DGAP-Adhoc: AUDI AG: Entry of the transfer resolution in the commercial register
DGAP-Ad-hoc: AUDI AG / Key word(s): Delisting
AUDI AG: Entry of the transfer resolution in the commercial register
16-Nov-2020 / 18:50 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Ingolstadt, November 16, 2020 - The resolution of AUDI AG's Annual General Meeting on 31 July 2020 regarding the transfer of the shares of the minority shareholders of AUDI AG to Volkswagen AG as the principal shareholder pursuant to Section 327a et seq. of the German Stock Corporation Act in return for an adequate cash compensation payable by Volkswagen AG in the amount of EUR 1,551.53 per no-par-value bearer Audi share was entered in the commercial register of the local court in Ingolstadt today.
Upon entry of the transfer resolution in the commercial register, all shares held by minority shareholders of AUDI AG were transferred by operation of law to Volkswagen AG.
The listing of AUDI AG shares will be discontinued shortly.
The details of the payment of the cash compensation will be disclosed separately in the Federal Gazette in the near future.
AUDI AG
The Management Board
Contact:
robert.schwarzl@audi.de
Upon entry of the transfer resolution in the commercial register, all shares held by minority shareholders of AUDI AG were transferred by operation of law to Volkswagen AG.
The listing of AUDI AG shares will be discontinued shortly.
The details of the payment of the cash compensation will be disclosed separately in the Federal Gazette in the near future.
AUDI AG
The Management Board
Contact:
robert.schwarzl@audi.de
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1148552 16-Nov-2020 CET/CEST