TUI AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Euro... (836599)

 
 TUI AG (TUI) 
TUI AG: Release according to Article 40, Section 1 of the WpHG [the German 
Securities Trading Act] with the objective of Europe-wide distribution 
 
04-Jul-2019 / 18:08 CET/CEST 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
Notifying Party: KN-Holding Limited Liability Company, Cherepovets, Russian 
Federation 
Issuer: TUI AG, Hannover, Germany 
 
On 21 June 2019, the Notifying Party notified the Issuer and the German 
Federal Financial Supervisory Authority (_Bundesanstalt für 
Finanzdienstleistungsaufsicht_) pursuant to Section 33 para. 1 of the German 
Securities Trading Act (_Wertpapierhandelsgesetz; WpHG_) that its voting 
rights in the Issuer exceeded the threshold of 20% on June 20, 2019 and 
amounted to 24.99 % (this corresponds to 146,963,612 voting rights) in the 
Issuer as per this date. 
 
Against this background, the Notifying Party hereby notified the Issuer on 4 
July 2019 pursuant to Section 43 para. 1 WpHG of the following: 
 
*I. Aims Underlying the Acquisition of the Voting Rights (Section 43 para. 1 
sentence 3 WpHG)* 
 
1) The investment is aimed at implementing strategic objectives. 
 
2) If market conditions permit and depending on the development of the 
share price, the Notifying Party may decide to acquire further voting 
rights in the Issuer within the next twelve months by means of an 
acquisition or by any other means. 
 
3) The Notifying Party does not intend to exert an influence on the 
composition of the Issuer's administration, management board or 
supervisory board, other than by exercising the voting rights held by 
Unifirm Limited in the ordinary course of elections of members of the 
supervisory board in the general meeting. 
 
4) The Notifying Party does not pursue a material change in the Issuer's 
capital structure, including as regards the ratio between equity and debt 
financing and the dividend policy. 
 
?*II.Origin of the Funds Used (Section 43 para. 1 sentence 4 WpHG)* 
 
The Notifying Party used its own funds in order to finance the acquisition 
of the voting rights. 
 
ISIN:           DE000TUAG000 
Category Code:  MSCM 
TIDM:           TUI 
LEI Code:       529900SL2WSPV293B552 
OAM Categories: 3.1. Additional regulated information required to be 
                disclosed under the laws of a Member State 
Sequence No.:   12422 
EQS News ID:    836599 
 
End of Announcement EQS News Service

(END) Dow Jones Newswires

July 04, 2019 12:08 ET (16:08 GMT)

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