Employee Share Participation Programme September 2022
The Executive Board of TUI AG, having its corporate seat in Hanover and Berlin, ISIN: DE000TUAG000, has resolved to buy back up to 398,901 own shares (the “Shares”) pursuant to Section 71(1) No. 2 German 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 28 September 2022 for a maximum total purchase price of EUR 742,953.11 (without transaction costs). The 398,901 shares to be purchased would result in an estimate total purchase volume of EUR 594,362.49 (without transaction costs) on the basis of share price of EUR 1.49 (Xetra closing price of 26 September 2022).
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
27 September 2022PDF | 480.64 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 12.4.6
28 September 2022PDF | 317.40 KB
Overview of all transactions and orders
| Date | Shares purchased | Volume weighted average purchase price in € | Transaction value in € | ||||
|---|---|---|---|---|---|---|---|
| Date | 28.09.2022 | Shares purchased | 398.901 | Volume weighted average purchase price in € | 1,4306 | Transaction value in € | 570.667,77 |