Austria
Hanover, 6 April 2023. Within the framework of the current ongoing capital increase, the Executive Board members of TUI Group have fully exercised their subscription rights. The formal "Directors' Dealings" notifications will be published as soon as the capital increase has been entered in the commercial register and the new shares have been issued.
The Chairman of the Supervisory Board, Dr Dieter Zetsche, is also participating in the capital increase. With around 28,800 shares in his portfolio, Dr Zetsche holds the highest proportion of shares of all members of TUI's Supervisory Board and Executive Board and fully subscribed to both capital increases in January and October 2021. He will now subscribe to 8,600 new shares. To finance this, he has converted part of the subscription rights to which he is entitled to from his investment and used the proceeds to invest the same amount in new TUI shares.
About TUI Group
TUI Group is a leading global tourism group and operates worldwide. The Group is headquartered in Germany. TUI shares are listed on the FTSE 250, an index of the London Stock Exchange, on the regulated market of the Hanover Stock Exchange and on the Open Market segment of the Frankfurt Stock Exchange. The TUI Group offers integrated services from a single source for its 21 million customers.
The entire tourism value chain is covered under one roof. This includes over 400 hotels and resorts with premium brands such as RIU, TUI Blue and Robinson and 16 cruise ships, from the MS Europa and the MS Europa 2 in the luxury class and expedition ships to the Mein Schiff fleet of TUI Cruises and cruise ships at Marella Cruises in Great Britain. The Group also includes leading tour operator brands and online marketing platforms across Europe, five airlines with more than 130 modern medium and long-haul aircraft and around 1,200 travel agencies. In addition to expanding its core business with hotels, cruises via successful joint ventures and activities in holiday destinations, TUI is increasingly focusing on the expansion of digital platforms. The Group is transforming itself into a digital company.
Global responsibility for sustainable economic, ecological and social action is at the core of our corporate culture. The TUI Care Foundation, initiated by TUI, focuses on the positive effects of tourism, on education and training and on strengthening environmental and social standards with projects in 25 countries. It thus supports holiday destinations in their development.
