TUI AG

Major Shareholding Notification • Jan 21, 2021

National Storage Mechanism | Additional information

TUI AG (TUI)

TUI AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

21-Jan-2021 / 15:54 CET/CEST

Dissemination of a Regulatory Announcement, transmitted by EQS Group.

The issuer is solely responsible for the content of this announcement.

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Notification of Major Holdings

1. Details of issuer

Name:	TUI AG
Street:	Karl-Wiechert-Allee 4
Postal code:	30625
City:	Hannover Germany
Legal Entity Identifier (LEI):	529900SL2WSPV293B552

2. Reason for notification

	Acquisition/disposal of shares with voting rights
X	Acquisition/disposal of instruments
	Change of breakdown of voting rights
	Other reason:

3. Details of person subject to the notification obligationNatural person (first name, surname): Nikita A. Mordashov

Date of birth: 16 Dec 2000

4. Names of shareholder(s)

holding directly 3% or more voting rights, if different from 3.

Unifirm Limited

5. Date on which threshold was crossed or reached:13 Jan 2021

6. Total positions

	% of voting rights attached to shares (total of 7.a.)	% of voting rights through instruments (total of 7.b.1 + 7.b.2)	Total of both in % (7.a. + 7.b.)	Total number of voting rights pursuant to Sec. 41 WpHG
New	24.89 %	11.11 %	36.00 %	1099393634
Previous notification	24.89 %	n/a %	24.89 %	/

7. Details on total positions

a. Voting rights attached to shares (Sec. 33, 34 WpHG)

ISIN	Absolute		In %
	Direct (Sec. 33 WpHG)	Indirect (Sec. 34 WpHG)	Direct (Sec. 33 WpHG)	Indirect (Sec. 34 WpHG)
DE000TUAG000	0	273656380	0.00 %	24.89 %
Total	273656380		24.89 %

b.1. Instruments according to Sec. 38 (1) no. 1 WpHG

Type of instrument	Expiration or maturity date	Exercise or conversion period	Voting rights absolute	Voting rights in %
Forward Purchase subscription rights DE000TUAG109		Until 26 January 2021	57261103	5.21 %
		Total	57261103	5.21 %

b.2. Instruments according to Sec. 38 (1) no. 2 WpHG

Type of instrument	Expiration or maturity date	Exercise or conversion period	Cash or physical settlement	Voting rights absolute	Voting rights in %
Backstop Commitment re acquisition voting shares			Physical	122125328	11.11 %
			Total	122125328	11.11 %

8. Information in relation to the person subject to the notification obligation

	Person subject to the notification obligation is not controlled nor does it control any other undertaking(s) that directly or indirectly hold(s) an interest in the (underlying) issuer (1.).
X	Full chain of controlled undertakings starting with the ultimate controlling natural person or legal entity:

Name	% of voting rights (if at least 3% or more)	% of voting rights through instruments (if at least 5% or more)	Total of both (if at least 5% or more)
Nikita A. Mordashov	%	%	%
KN-Holding Limited Liability Company	%	%	%
Unifirm Limited	24.89 %	11.11 %	36.00 %

9. In case of proxy voting according to Sec. 34 para. 3 WpHG

(only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG)

Date of general meeting:

Holding total positions after general meeting (6.) after annual general meeting:

Proportion of voting rights	Proportion of instruments	Total of both
%	%	%

10. Other explanatory remarks:

Forward Purchase and Backstop Commitment do not apply cumulatively, as the acquisition of voting shares as a result of exercising subscription rights delivered under the Forward Purchase would reduce the number of voting shares to which the Backstop Commitment applies. 

Date

19 Jan 2021

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ISIN:	DE000TUAG000
Category Code:	HOL
TIDM:	TUI
LEI Code:	529900SL2WSPV293B552
OAM Categories:	2.3. Major shareholding notifications
Sequence No.:	92003
EQS News ID:	1162374

End of Announcement	EQS News Service

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