TUI AG: Additional Listing - Update
TUI AG (TUI)
Additional Listing - Update
Updated for expected admission date.
TUI AG (the "Company") announces that an application has been made to the UK Financial Conduct Authority (the "FCA") for the admission to the premium listing segment of the Official List of the FCA of 1,394,512 ordinary shares of no par value in the share capital of the Company (the "New Shares") and to the London Stock Exchange plc (the "London Stock Exchange") for the admission of such New Shares to trading on the main market for listed securities of the London Stock Exchange.
The New Shares are expected to be admitted to trading on 21 September 2020.
The application has been made following an increase the Company's issued shares from 589,020,588 ordinary shares of no par value to 590,415,100 ordinary shares of no par value in connection with the Company's 2020 Employee Share Programme. The New Shares have been issued credited as fully paid and rank pari passu in all respects with all other existing issued ordinary shares in the Company, including in respect of the right to receive all dividends, distributions and other entitlements made or paid or declared thereon.
The ISIN of the New Shares to be admitted to trading will be DE000TUAG000.
Date: 15 September 2020
|OAM Categories:||3.1. Additional regulated information required to be disclosed under the laws of a Member State|
|EQS News ID:||1132011|
|End of Announcement||EQS News Service|
Our community is currently high on TUI AG with 37 Buy predictions and 10 Sell predictions.
With a target price of €9.00 there is potential for a 101.342% increase which would mean more than doubling the current price of €4.47 for TUI AG.