TUI AG Announces Update on Shareholdings and Voting Rights

TUI AG has officially disseminated information consistent with Article 40, Section 1 of the WpHG, indicating significant changes in shareholdings and voting rights. This announcement aims for efficient distribution throughout Europe. The focal point of this communication is the acquisition and disposal of shares with voting rights and a notification related to voluntary group notification triggered at the subsidiary level.

The notification elucidates that The Goldman Sachs Group, Inc., based in Wilmington, DE, USA, has undergone a modification in shareholding. Specifically, on 26 March 2024, the threshold was crossed or reached, impacting the total voting rights within TUI AG. The new total of voting rights attached to shares stands at 0.11%, with voting rights through instruments at 5.39%, culminating in an overall 5.50% alongside a total number of voting rights of 507,431,033. This update compares to a previous notification that recorded a total of 5.33% of both direct voting rights and rights through instruments.

The details provided show a strategic change in the holdings by Goldman Sachs, encompassing rights to recall, use of call warrants, options, and convertible bonds among other instruments. This change signifies a notable shift in the investment landscape for TUI AG, reflecting the dynamic nature of shareholdings and voting rights within major corporations.