Employee Share Participation Programme September 2021
The Executive Board of TUI AG, having its corporate seat in Hanover and Berlin, ISIN: DE000TUAG000, has resolved to buy back up to 317,171 own shares (the “Shares”) pursuant to Section 71(1) No. 2 German Joint Stock Corporation Act (Aktiengesetz – AktG). The Shares bought back shall be transferred to employees of TUI Group participating in the employee share participation program „oneShare“.
The shares are supposed to be purchased on 24 September 2021 for a maximum total purchase price of EUR 1,457,000.00 (without transaction costs). The 317,171 shares to be purchased would result in an estimate total purchase volume of EUR 1,165,603.43 (without transaction costs) on the basis of share price of EUR 3.675 (Xetra closing price of 22 September 2021).
The shares purchased shall be transferred to the employees participating in “oneShare” immediately after the completion of the buyback. Consequently, the buyback will have no impact in the number of shares attracting a dividend. The share buyback thus serves to meet obligations arising from share option program, under Art. 5(2) lit. c) Regulation (EU) No 596/2014 of the European Parliament and the Council of 16 April 2014 („MAR“).
Disclosure
Disclosure pursuant to Article 5(1) lit. a) Regulation (EU) No. 596/2014 and Article 2(1) of Delegated Regulation (EU) No 2016/1052
23 September 2021PDF | 88.04 KB
Disclosure pursuant to Article 5(1) lit. b), (3) Regulation (EU) No. 596/2014 and Article 2(2)(3) of Delegated Regulation (EU) No 2016/1052 as well as under UK Listing Rule R12.4.6
24 September 2021PDF | 271.73 KB
Overview of all transactions and orders
| Date | Shares purchased | Volume weighted average purchase price in € | Transaction value in € | ||||
|---|---|---|---|---|---|---|---|
| Date | 24.09.2021 | Shares purchased | 317,171 | Volume weighted average purchase price in € | 3.851300 | Transaction value in € | 1,221,520.67 |