TUI AG: Results of Annual General Meeting, Capital Reduction and Share Consolidation (1562159)
February 16 2023 - 1:15PM
UK Regulatory
TUI AG (TUI) TUI AG: Results of Annual General Meeting, Capital
Reduction and Share Consolidation 16-Feb-2023 / 19:15 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS
Group. The issuer is solely responsible for the content of this
announcement.
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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR
JAPAN 16 February 2023 TUI AG Results of Annual General Meeting,
Capital Reduction and Share Consolidation Following the Annual
General Meeting of TUI AG (the Company) held on 14 February 2023,
the Company announces that the resolutions proposed at the Annual
General Meeting seeking approval by its shareholders of, among
other matters, (i) the reduction of its share capital by means of
the redemption of three shares by the Company, (ii) the reduction
of its share capital by a consolidation of shares in the ratio of
ten to one and (iii) the associated amendments to the Company's
articles of association were duly passed. Prior to the capital
reduction and the share consolidation becoming effective, the
Company's issued share capital was EUR 1,785,205,853, divided into
1,785,205,853 shares of no-par value each. As at 3:29 p.m. (UK
time) on 16 February 2023 (the effective time of the capital
reduction and the share consolidation) the Company's issued share
capital is EUR 178,520,585, divided into 178,520,585 no-par value
shares (the New Ordinary Shares). Applications have been made to
the FCA to amend the Official List and to the London Stock Exchange
to amend the trading line in respect of the New Ordinary Shares. It
is expected that the New Ordinary Shares will commence trading on
the London Stock Exchange at 8:00 a.m. (UK time) on 24 February
2023. The New Ordinary Shares will have the ISIN DE000TUAG505. The
expected timetable in relation to the capital reduction and share
consolidation is set out below.
23 February 2023 Last trading day under existing ISIN
24 February 2023 First trading day under new ISIN DE000TUAG505
27 February 2023 Record date for the capital reduction and share consolidation
28 February 2023 New Ordinary Shares credited as depositary interests to holders of depositary interests in the UK* *Due to the custodial chain from Germany to the UK, holders of depositary holders may not receive their depositary interests until the afternoon.
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ISIN: DE000TUAG000
Category Code: RAG
TIDM: TUI
LEI Code: 529900SL2WSPV293B552
OAM Categories: 2.5. Total number of voting rights and capital
Sequence No.: 223837
EQS News ID: 1562159
End of Announcement EQS News Service
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February 16, 2023 13:15 ET (18:15 GMT)
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