How would I buy shares in Porsche?

[Ari]

Young relative with a significant birthday approaching and a fondness for Porsches.

I thought it might be fun to buy some Porsche shares as a gift, but not the first clue how to. Any suggestions, and can you buy shares in someone else's name and give them to them?

[Simpo Two]

I thought Porsche was all family owned, but may be wrong.

[PurpleFox]

I thought it was all VW but I may be wrong.

[rdjohn]

PurpleFox said:

I thought it was all VW but I may be wrong.

I think you are right, so OP can’t. Nor Lamborghini for that matter.

[sammyb349]

Correct. You can buy shares in PAH (Porsche Automobile Holding) which is the Family holding company, which owns 50+% of VW. Or you can buy VW, which is the automotive operating company.

Both of these company’s have ordinary and preference shares

[Newc]

Ari said:

Any suggestions, and can you buy shares in someone else's name and give them to them?

Lovely idea but generally a bit of a 'mare. They would need a brokerage account somewhere to hold the shares, you would have to either buy and transfer them - do you have a brokerage account ? - or give them the cash to do it themselves which is less 'giftlike'. And are they a minor ? Extra aggro if so. And it is all electronic, you don't have a tangible certificate to frame on the wall any more.

[anonymous-user]

OP may be interested to know that customers of Hargreaves Lansdown can deal online in the shares of Porsche Automobil Holding SE.

https://www.hl.co.uk/shares/shares-search-results/...

HL say, "Buy & sell Porsche Automobil Holding SE shares today. Invest in shares from only £5.95 and never more than £11.95 per deal."

[Simpo Two]

Maybe a nice model one would be easier

[Ari]

Dammit, seemed like a nice idea.

[Dewi 2]

Pity his affection is not for Aston Martin, rather than Porsche.
You can buy a few shares and also have a share certificate (to frame if you want to).

Can even buy in your own name (with certificate), then transfer to a minor, but that would have to be as a 'designated account' (ie. showing a parent name followed by child's initials A/c.).

Possibly unwise to buy more than a handful of shares though. They have been technically bust eight times in 107 years, and have hardly ever made a profit. May not be a publicly quoted company indefinitely, so the opportunity to obtain a share certificate might be limited.

[BoRED S2upid]

You could give them the contract note 1 share costs 50 euro give or take, buy it through T212 with no fees.

Hardly going to set his world alight a framed contract note.