Dow Jones received a payment from EQS/DGAP to publish this press release.
TUI AG (TUI)
TUI AG: PDMR Interest in Shares
04-Oct-2018 / 15:26 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
TUI AG
Regulatory Announcements
Award of phantom shares under TUI AG's Long Term Incentive Plans
TUI AG (the "Company") announces that phantom share awards ("Awards") were
granted to its members of the Executive Board as set out in the table below
under TUI AG's Long Term Incentive Plans.
The Awards were granted with retroactive effect to 1 October 2018 at a base
price of EUR 15.46 per share. This share price equals the average XETRA
price of TUI AG shares over a period of 20 trading days prior to the date of
grant.
Name of the PDMR Corporate Body Number of Awards
Friedrich Joussen Executive Board 118,370
Birgit Conix Executive Board 59,508
David Burling Executive Board 59,508
Sebastian Ebel Executive Board 59,508
Dr Elke Eller Executive Board 56,274
Frank Rosenberger Executive Board 49,483
The Awards were granted in accordance with the terms of the respective
service contracts and will vest and be paid in cash subject to (i) a TSR and
an EPS performance target, respectively, determined over a 4-year
performance period; and (ii) the share price at the date of vesting.
ISIN: DE000TUAG000, DE000TUAG299
Category Code: DSH
TIDM: TUI
LEI Code: 529900SL2WSPV293B552
OAM Categories: 3.1. Additional regulated information required to be
disclosed under the laws of a Member State
Sequence No.: 6132
EQS News ID: 730299
End of Announcement EQS News Service
(END) Dow Jones Newswires
October 04, 2018 09:27 ET (13:27 GMT)
