Porsche 2007 Annual Report Download - page 32
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“Beyond the statutory obligation to report and dis-
close dealings in shares of the company without
delay, the ownership of shares in the company or
related financial instruments by executive board
and supervisory board members shall be reported
if these directly or indirectly exceed one percent
of the shares issued by the company. If the entire
holdings of all members of the executive board
and supervisory board exceed one percent of the
shares issued by the company, these should be
reported separately for the executive board and
supervisory board. This information should be
contained in the Corporate Governance Report.”
(No. 6.6 German Corporate Governance Code)
All ordinary shares are owned by the Porsche and
Piëch families; the share ratios are published by
Porsche Automobil Holding SE as required by the
WpHG. Notifications of purchases and sales of
Porsche preference shares by members of the Exe-
cutive or Supervisory Boards are published to the
extent that this is provided for by Sec. 15a WpHG.
Publication in any other form of the shares or re-
lated financial instruments held by members of
these bodies has not taken place so far and is not
envisaged in the future.
“The consolidated financial statements should be
publicly accessible within 90 days of the end of
the fiscal year; interim reports should be publicly
accessible within 45 days of the end of the report-
ing period.” (No. 7.1.2 Sentence 4 German Cor-
porate Governance Code)
Porsche has established a publication cycle cor-
responding to its non-standard fiscal year, which
guarantees the company optimum publicity. We
do not consider a deviation from this practice to
be appropriate.
Stuttgart, 20 October 2008
Porsche Automobil Holding SE
Supervisory Board and Executive Board
29