TUI AG Announces Major Shareholding Changes

TUI AG disclosed today a notification of significant changes in shareholdings as per Article 40, Section 1 of the German Securities Trading Act (WpHG). This announcement is aimed at achieving a Europe-wide distribution. The notice involves the acquisition and disposal of shares with voting rights and instruments, notably by The Goldman Sachs Group, Inc., with its registered office in Wilmington, DE, United States.

The threshold crossing event took place on April 2, 2024, affecting the total percentage of voting rights. Following the transaction, The Goldman Sachs Group, Inc. now indirectly holds 0.14% of the voting rights attached to shares of TUI AG, alongside 5.31% through instruments, summing up to a total of 5.45% of TUI AG’s voting rights. This shows a slight adjustment from the previous notification where the total was reported at 5.48%.

Among the instruments listed, the 'Right To Recall' and 'Call Option' are significant, with respective voting rights percentages of 1.57% and 1.31%. Other instruments include 'Right Of Use', 'Call Warrant', and 'Convertible Bond', contributing to the total voting rights through instruments.

This move by The Goldman Sachs Group, Inc. is part of a wider structural arrangement within its controlled undertakings, sketching a vast network of entities under its control or influence, directly or indirectly impacting TUI AG’s shareholder structure.