TUI AG: PDMR INTEREST IN SHARES - Awards of Phantom Shares Under Long Term Incentive Programmes
05 October 2017 - 11:26PM
UK Regulatory
Dow Jones received a payment from EQS/DGAP to publish this press
release.
TUI AG (TUI)
TUI AG: PDMR INTEREST IN SHARES - Awards of Phantom Shares Under Long Term
Incentive Programmes
05-Oct-2017 / 14:26 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
*TUI AG*
*PDMR INTEREST IN SHARES*
*Awards of Phantom Shares Under Long Term Incentive Programmes*
TUI AG (the "*Company*") announces that phantom share awards ("*Awards*")
were granted to Mr Horst Baier, a member of the Company's Executive Board,
as set out in the table below under the TUI AG Long Term Incentive Plan. The
Awards were granted at a base price of EUR 14,60¹ per share on 1 October
2017:
*Name of the PDMR* *Corporate Body* *Number of Phantom Shares*
Horst Baier Executive Board 46233
The Awards granted to Mr Baier were granted in accordance with the terms of
his service contract and will vest and be paid in cash subject to (i) a TSR
performance target determined over a 4-year performance period; and (ii) the
share price at the date of vesting.
1Average XETRA price of TUI AG shares over the 20 trading days prior to the
date of grant.
Dated: 05 October 2017
ISIN: DE000TUAG000, DE000TUAG281, 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.: 4699
End of Announcement EQS News Service
616213 05-Oct-2017
(END) Dow Jones Newswires
October 05, 2017 08:26 ET (12:26 GMT)
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