EANS-Voting Rights: TUI AG
Release according to article 26, section 1 WpHG
(Securities Trading Act) with the aim of Europe-wide distribution
-------------------------------------------------------------------------------- Notification of voting rights transmitted by euro adhoc. The issuer is responsible for the content of this announcement. --------------------------------------------------------------------------------
Announcement according to Article 27a, Section 1 of the WpHG
Mr. Alexey Mordashov, Russia, Sungrebe Investments Limited, Tortola, British Virgin Islands, Artcone Limited, Limassol, Cyprus, and S-Group Travel Holding GmbH, Frankfurt, Germany, informed us on 31 January 2011 pursuant to section 21, paragraph 1 WpHG that they exceeded the threshold of 20% of the voting rights in TUI AG, Hanover, Germany, on 27 January 2011 each and at that point in time held 20.45% (51,460,373 voting shares).
Mr. Alexey Mordashov, Russia, Sungrebe Investments Limited, Tortola, British Virgin Islands, Artcone Limited, Limassol, Cyprus, and S-Group Travel Holding GmbH, Frankfurt, Germany, informed us on 24 February 2011 pursuant to section 27a of the German Securities Trading Act (WpHG) about the following:
1. Aims underlying the purchase of the voting rights (section 27a, paragraph 1, sentence 3 of the WpHG)
a) The investment is aimed at implementing strategic objectives.
b) The Notifying Parties intend to acquire further voting rights in TUI AG within the next twelve months by means of a purchase or by any other means.
c) The Notifying Parties do not intend to exert an influence on the appointment or removal of members of TUIs Management Board or Supervisory Board other than by exercise of the voting rights held by S-Group Travel Holding GmbH in elections to the Supervisory Board in any shareholders meeting.
d) The Notifying Parties do not intend to achieve a material change in TUIs capital structure, including as regards the ratio between own funds and external funds and the dividend policy.
2. Origin of the funds used to purchase the voting rights (section 27a, paragraph 1, sentence 4 of the WpHG)
The Notifying Parties have used partly own funds and partly external funds in order to finance the purchase of the voting rights.
Berlin/Hanover, February 2011
TUI AG The Executive Board
end of announcement euro adhoc --------------------------------------------------------------------------------
Further inquiry note:
Investor Relations Kontakt:
Björn Beroleit, Telefon: +49 (0) 511 566 1310
Nicola Gehrt, Telefon: +49 (0) 511 566 1435
Media Kontakt:
Uwe Kattwinkel, Telefon: +49 (0) 511 566 1417
Robin Zimmermann, Telefon: +49 (0) 511 566 1488
Branche: Transport
ISIN: DE000TUAG000
WKN: TUAG00
Index: MDAX, CDAX, HDAX, Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / regulated dealing
Hamburg / regulated dealing
Stuttgart / regulated dealing
Düsseldorf / regulated dealing
Hannover / regulated dealing
München / regulated dealing
Original content of: TUI AG, transmitted by news aktuell