on TUI AG (isin : DE000TUAG000)
TUI AG Announces Significant Shareholding Changes
TUI AG, a leading global travel and tourism company, has reported an important notification concerning the change in major holdings, as per the requirements of Article 40, Section 1 of the WpHG (the German Securities Trading Act). This notice aims for broad distribution across Europe, reflecting changes as of April 2, 2024. The disclosure emphasizes the modification in the stake held by the Ministry of Finance on behalf of the State of Norway, with Norges Bank being the substantial investor.
The report details an increase in the percentage of voting rights attached to shares held by Norges Bank, which as of the stated date, commands 3.08% of TUI AG's voting rights. This is a marked increase from a previous total of 2.85%, showing a significant adjustment in their ownership structure. No rights through instruments were reported, underscoring that the adjustments are directly through shareholdings.
TUI AG, based in Hannover, Germany, has identified this shift as a result of acquisitions and/or disposals of shares with voting rights. This development is crucial for stakeholders and the market, highlighting the dynamics of share ownership within major European corporations. TUI AG and its management have affirmed their commitment to transparent disclosures in compliance with regulatory requirements.
R. H.
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