TUI AG (TUI)
TUI AG: Award of phantom shares under TUI AG's Long Term Incentive Plans
01-Oct-2019 / 16:45 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 effect as of 1 October 2019 at a base price of
EUR 9.87 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 185,410
Birgit Conix Executive Board 93,212
David Burling Executive Board 93,212
Sebastian Ebel Executive Board 93,212
Dr Elke Eller Executive Board 88,146
Frank Rosenberger Executive Board 77,508
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
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.: 21961
EQS News ID: 883645
End of Announcement EQS News Service
(END) Dow Jones Newswires
October 01, 2019 10:45 ET (14:45 GMT)
© 2019 Dow Jones News
