TUI AG: Statement in response to current press reports with respect to a potential equity raise of TUI AG

DJ TUI AG: Statement in response to current press reports with respect to a potential equity raise of TUI AG

TUI AG (TUI) 
TUI AG: Statement in response to current press reports with respect to a 
potential equity raise of TUI AG 
 
01-Oct-2020 / 22:34 CET/CEST 
Dissemination of a Regulatory Announcement that contains inside information 
according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
*Inside Information according to article 17 MAR* 
 
*Statement in response to current press reports with respect to a potential 
equity raise of TUI AG * 
 
Hanover, 01.10.2020. Against the background of current press reports, TUI AG 
states, in view of the still very volatile market environment resulting from 
the COVID 19 crisis, it continues evaluating various measures to achieve an 
optimal balance sheet structure and maturity profile. Among the measures 
currently being considered, is also a short to mid-term capital increase, 
with a volume - if implemented - which would be significantly lower than the 
EUR 1-1.5 billion mentioned in the press. A decision on whether such a 
measure will be implemented has not yet been made. The timing and volume of 
such a measure have also not yet been determined. 
 
*ANALYST & INVESTOR ENQUIRIES* 
 
Mathias Kiep, Group Director     Tel: [phone]/ 
Investor Relations               [phone] 
and Corporate Finance 
 
Nicola Gehrt, Director, Head of  Tel: [phone] 
Group Investor Relations 
*Contacts for Analysts and Investors in UK, Ireland and 
Americas* 
Hazel Chung, Senior Investor     Tel: [phone] 
Relations Manager 
Corvin Martens, Senior Investor  Tel: [phone] 
Relations Manager 
*Contacts for Analysts and Investors in Continental Europe, 
Middle East and Asia* 
Ina Klose, Senior Investor       Tel: [phone] 
Relations Manager 
*Media* 
Kuzey Alexander Esener, Head of  Tel: + 49 (0)511 566 6024 
Media Relations 
 
FORWARD-LOOKING STATEMENTS 
This announcement contains a number of statements related to the future 
development of TUI. These statements are based both on assumptions and 
estimates. Although we are convinced that these future-related statements 
are realistic, we cannot guarantee them, for our assumptions involve risks 
and uncertainties which may give rise to situations in which the actual 
results differ substantially from the expected ones. The potential reasons 
for such differences include market fluctuations, the development of world 
market fluctuations, the development of world market commodity prices, the 
development of exchange rates or fundamental changes in the economic 
environment. TUI does not intend or assume any obligation to update any 
forward-looking statement to reflect events or circumstances after the date 
of this announcement. 
 
ISIN:           DE000TUAG000 
Category Code:  MSCU 
TIDM:           TUI 
LEI Code:       529900SL2WSPV293B552 
OAM Categories: 2.2. Inside information 
Sequence No.:   85290 
EQS News ID:    1138463 
 
End of Announcement EQS News Service 
 
 

(END) Dow Jones Newswires

October 01, 2020 16:34 ET (20:34 GMT)