TUI AG: Award of phantom shares under TUI AG's Long Term Incentive Plans

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:           DE000TUAGXXX 
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)