Porsche Automobil Holding SE, Stuttgart ("Porsche SE"), welcomes the decision by the Stuttgart public prosecutor to suspend the investigations against the 12 members of the supervisory board in office in 2008. The allegation made by the Stuttgart public prosecutor that these persons were responsible for jointly aiding and abetting violation of the prohibition on information-based market manipulation by omission in connection with Porsche SE's acquisition of the shareholding in Volkswagen AG in 2008 has proven to be without merit. By taking this step, the public prosecutor has confirmed the opinion of the defense of the supervisory board members concerned and gh Jeatqml JL.
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