TUI AG Announces Notification of Major Holdings

TUI AG, based in Hannover, Germany, has issued a notification in accordance with Article 40, Section 1 of the German Securities Trading Act (WpHG). This announcement is part of its Europe-wide distribution initiative.

The notification reveals that Société Générale S.A. has crossed the 5% threshold of voting rights on May 27th, 2024. Specifically, Société Générale S.A. now holds 0.93% of TUI AG’s voting rights through shares and 4.07% through financial instruments, totaling 5% of the voting rights.

The instruments include rights to recall lent securities, convertible bonds, certificates, and a variety of call and put options. These holdings affect the total number of voting rights, reaching 50,743,103 shares.

The majority of these instruments are set to expire or mature between 2024 and 2033, with both cash and physical settlement arrangements in place. Both listed and over-the-counter (OTC) options play a significant role in this notification.