REG-TUI AG TUI AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

TUI AGAnnouncement

04/03/2022 22:30

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   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-March-2022 / 23:24 CET/CEST
   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

   ══════════════════════════════════════════════════════════════════════════

   Notification of Major Holdings

   1. Details of issuer

   ┌──────────────────────────────┬─────────────────────┐
   │Name:                         │TUI AG               │
   ├──────────────────────────────┼─────────────────────┤
   │Street:                       │Karl-Wiechert-Allee 4│
   ├──────────────────────────────┼─────────────────────┤
   │Postal code:                  │30625                │
   ├──────────────────────────────┼─────────────────────┤
   │City:                         │Hannover             │
   │                              │Germany              │
   ├──────────────────────────────┼─────────────────────┤
   │Legal Entity Identifier (LEI):│529900SL2WSPV293B552 │
   └──────────────────────────────┴─────────────────────┘

   2. Reason for notification

   ┌─┬─────────────────────────────────────────────────┐
   │X│Acquisition/disposal of shares with voting rights│
   ├─┼─────────────────────────────────────────────────┤
   │ │Acquisition/disposal of instruments              │
   ├─┼─────────────────────────────────────────────────┤
   │ │Change of breakdown of voting rights             │
   ├─┼─────────────────────────────────────────────────┤
   │ │Other reason:                                    │
   └─┴─────────────────────────────────────────────────┘

   3. Details of person subject to the notification obligation

   ┌──────────────────────────────────────────────────────┐
   │Natural person (first name, surname): Alexey Mordashov│
   │Date of birth: 26 Sep 1965                            │
   └──────────────────────────────────────────────────────┘

   4. Names of shareholder(s)
   holding directly 3% or more voting rights, if different from 3.

   ┌────────────────────────────────────┐
   │Severgroup Limited Liability Company│
   └────────────────────────────────────┘

   5. Date on which threshold was crossed or reached:

   ┌───────────┐
   │28 Feb 2022│
   └───────────┘

   6. Total positions

   ┌────────────┬───────────┬───────────────┬────────┬──────────────────────┐
   │            │% of voting│    % of voting│Total of│                      │
   │            │     rights│ rights through│ both in│Total number of voting│
   │            │attached to│    instruments│       %│    rights pursuant to│
   │            │     shares│(total of 7.b.1│ (7.a. +│          Sec. 41 WpHG│
   │            │  (total of│       + 7.b.2)│   7.b.)│                      │
   │            │      7.a.)│               │        │                      │
   ├────────────┼───────────┼───────────────┼────────┼──────────────────────┤
   │New         │     4.13 %│         0.00 %│  4.13 %│            1622914412│
   ├────────────┼───────────┼───────────────┼────────┼──────────────────────┤
   │Previous    │    30.10 %│         0.76 %│ 30.86 %│                     /│
   │notification│           │               │        │                      │
   └────────────┴───────────┴───────────────┴────────┴──────────────────────┘

   7. Details on total positions
   a. Voting rights attached to shares (Sec. 33, 34 WpHG)

   ┌────────────┬─────────────────────────────┬─────────────────────────────┐
   │ISIN        │          Absolute           │            In %             │
   ├────────────┼──────────────┬──────────────┼──────────────┬──────────────┤
   │            │        Direct│      Indirect│        Direct│      Indirect│
   │            │(Sec. 33 WpHG)│(Sec. 34 WpHG)│(Sec. 33 WpHG)│(Sec. 34 WpHG)│
   ├────────────┼──────────────┼──────────────┼──────────────┼──────────────┤
   │DE000TUAG000│             0│      67000000│        0.00 %│        4.13 %│
   ├────────────┼──────────────┴──────────────┼──────────────┴──────────────┤
   │Total       │          67000000           │           4.13 %            │
   └────────────┴─────────────────────────────┴─────────────────────────────┘

   b.1. Instruments according to Sec. 38 (1) no. 1 WpHG

   ┌──────────┬─────────────┬────────────────────────────┬────────┬─────────┐
   │Type of   │Expiration or│Exercise or conversion      │  Voting│   Voting│
   │instrument│maturity date│period                      │  rights│rights in│
   │          │             │                            │absolute│        %│
   ├──────────┼─────────────┼────────────────────────────┼────────┼─────────┤
   │          │             │                            │       0│   0.00 %│
   ├──────────┼─────────────┼────────────────────────────┼────────┼─────────┤
   │          │             │Total                       │       0│   0.00 %│
   └──────────┴─────────────┴────────────────────────────┴────────┴─────────┘

   b.2. Instruments according to Sec. 38 (1) no. 2 WpHG

   ┌──────────┬─────────────┬────────────────────┬──────────┬────────┬──────┐
   │Type of   │Expiration or│Exercise or         │Cash or   │  Voting│Voting│
   │instrument│maturity date│conversion period   │physical  │  rights│rights│
   │          │             │                    │settlement│absolute│  in %│
   ├──────────┼─────────────┼────────────────────┼──────────┼────────┼──────┤
   │          │             │                    │          │       0│0.00 %│
   ├──────────┼─────────────┼────────────────────┼──────────┼────────┼──────┤
   │          │             │                    │Total     │       0│0.00 %│
   └──────────┴─────────────┴────────────────────┴──────────┴────────┴──────┘

   8. Information in relation to the person subject to the notification
   obligation

   ┌─┬──────────────────────────────────────────────────────────────────────┐
   │ │Person subject to the notification obligation is not controlled nor   │
   │ │does it control any other undertaking(s) that directly or indirectly  │
   │ │hold(s) an interest in the (underlying) issuer (1.).                  │
   ├─┼──────────────────────────────────────────────────────────────────────┤
   │X│Full chain of controlled undertakings starting with the ultimate      │
   │ │controlling natural person or legal entity:                           │
   └─┴──────────────────────────────────────────────────────────────────────┘

   ┌───────────────┬─────────────┬────────────────────────────┬─────────────┐
   │               │  % of voting│  % of voting rights through│Total of both│
   │Name           │rights (if at│ instruments (if at least 5%│ (if at least│
   │               │  least 3% or│                    or more)│  5% or more)│
   │               │        more)│                            │             │
   ├───────────────┼─────────────┼────────────────────────────┼─────────────┤
   │- Alexey A.    │            %│                           %│            %│
   │Mordashov      │             │                            │             │
   ├───────────────┼─────────────┼────────────────────────────┼─────────────┤
   │-Severgroup LLC│       4.13 %│                           %│            %│
   └───────────────┴─────────────┴────────────────────────────┴─────────────┘

   9. In case of proxy voting according to Sec. 34 para. 3 WpHG
   (only in case of attribution of voting rights in accordance with Sec. 34
   para. 1 sent. 1 No. 6 WpHG)

   Date of general meeting:
   Holding total positions after general meeting (6.) after annual general
   meeting:

   ┌───────────────────────────┬─────────────────────────┬─────────────┐
   │Proportion of voting rights│Proportion of instruments│Total of both│
   ├───────────────────────────┼─────────────────────────┼─────────────┤
   │                          %│                        %│            %│
   └───────────────────────────┴─────────────────────────┴─────────────┘

   10. Other explanatory remarks:

   ┌────────────────────────────────────────────────────────────────────────┐
   │Severgroup LLC (subsidiary of Alexey Mordashov) crossed the threshold by│
   │acquisition of 4.13% stake of voting shares in the issuer from Unifirm  │
   │Limited. Alexey Mordashov crossed the threshold because his subsidiaries│
   │KN-Holding LLC and Rayglow Limited sold their entire interests in       │
   │Unifirm Limited to Ondero Limited. Since 28/02/2022 Unifirm Limited is  │
   │no longer controlled by Alexey Mordashov.                               │
   └────────────────────────────────────────────────────────────────────────┘

   Date

   ┌─────────────┐
   │03 March 2022│
   └─────────────┘

   ══════════════════════════════════════════════════════════════════════════

   ISIN:           DE000TUAG000
   Category Code:  HOL
   TIDM:           TUI
   LEI Code:       529900SL2WSPV293B552
   OAM Categories: 2.3. Major shareholding notifications
   Sequence No.:   147121
   EQS News ID:    1295333


    
   End of Announcement EQS News Service

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