TUI: shareholders to decide on LSE delisting at AGM in February

TUI AG

04/01/2024 15:03

BERLIN, Jan 4 (Reuters) - Travel group TUI  TUI1n.DE 
 TUIT.L  said on Thursday that shareholders will decide on its
future stock exchange listings at their annual general meeting
planned for Feb. 13. 
    TUI's executive and supervisory boards have proposed
simplifying the structure of the company's listings and
cancelling its listing on the London Stock Exchange, it said.
    Subject to approval by TUI's shareholders, the delisting
from the London Stock Exchange could take place in June 2024.
    The listing on the Frankfurt Stock Exchange should be
continued with an upgrade to the Prime Standard market segment
and inclusion in the MDAX, added the company. 
    
    

 (Writing by Miranda Murray, editing by Kirsti Knolle)
 ((Miranda.Murray@thomsonreuters.com;))