TUI Travel PLC Holding(s) in Company (6265T)
07 Ottobre 2014 - 9:45AM
UK Regulatory
TIDMTT.
RNS Number : 6265T
TUI Travel PLC
07 October 2014
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
--------------------------------------------------
1. Identity of the issuer or the underlying TUI Travel PLC
issuer
of existing shares to which voting rights
are
attached: (ii)
---------------------------------------------------- ------------------------------------------
2 Reason for the notification (please tick the appropriate box or boxes):
------------------------------------------------------------------------------------------------
An acquisition or disposal of voting rights
-------------------------------------------------------------------------------------- --------
An acquisition or disposal of qualifying financial instruments
which may result in the acquisition of shares already issued to
which voting rights are attached
-------------------------------------------------------------------------------------- --------
An acquisition or disposal of instruments with similar economic
effect to qualifying financial instruments
-------------------------------------------------------------------------------------- --------
An event changing the breakdown of voting rights YES
-------------------------------------------------------------------------------------- --------
Other (please
specify):
------------------ ------------------------------------------------------------------ --------
3. Full name of person(s) subject TUI AG, a company incorporated in Germany
to the whose registered office is at Karl-Wiechert-
notification obligation: (iii) Allee 4, 30625 Hannover, Germany
------------------------------------------ ----------------------------------------------------
4. Full name of shareholder(s) As above
(if different from 3.):(iv)
------------------------------------------ ----------------------------------------------------
5. Date of the transaction and date 03 October 2014
on
which the threshold is crossed
or
reached: (v)
------------------------------------------ ----------------------------------------------------
6. Date on which issuer notified: 06 October 2014
------------------------------------------ ----------------------------------------------------
7. Threshold(s) that is/are crossed Interest in voting rights (box 8A)
or from 53% to 52%. Aggregate interest
reached: (vi, vii) (boxes 8A-8C) from 55% to 54%.
------------------------------------------ ----------------------------------------------------
8. Notified details:
------------------------------------------------------------------------------------------------------------------------
A: Voting rights attached to shares (viii, ix)
------------------------------------------------------------------------------------------------------------------------
Class/type Situation previous Resulting situation after the triggering
of to the triggering transaction
shares transaction
if possible
using
the ISIN CODE
-------------- ------------------------------ ------------------------------------------------------------------------
Number Number Number Number of voting % of voting rights
of of of shares rights (x)
Shares Voting
Rights
-------------- -------------- -------------- -------------- ----------------------------- -------------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
-------------- ----- ------- ------ ----- -------------- ---------------- ----------- ----------- ------------
GB00B1Z7RQ77 609,120,138 609,120,138 522,153,089 522,153,089 86,967,049 45.04% 7.50%
-------------- -------------- -------------- -------------- ---------------- ----------- ----------- ------------ -------------------------------------------------------
B: Qualifying Financial Instruments
------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
------------------------------------------------------------------------------------------------------------------------
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date (xiii) Conversion Period rights that may rights
(xiv) be
acquired if the
instrument is
exercised/converted.
--------------------- --------------- ------------------------------- -------------------------- -------------------
27 July 2016,
subject to terms 86,967,049 (see
Contingent Forward 27 July allowing for earlier note 2, section
Purchase Agreement 2016 settlement 13) 7.50%
--------------------- --------------- ------------------------------- -------------------------- -------------------
C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments (xv, xvi)
------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
------------------------------------------------------------------------------------------------------------------------
Type of Exercise Expiration Exercise/ Number of voting % of voting rights
financial price date (xvii) Conversion rights instrument (xix, xx)
instrument period refers to
(xviii)
-------------- -------------- ------------- --------------- ----------------------------- -------------------------
Convertible GBP3.8234 27 April From 7 23,539,258 Nominal Delta
bonds 2017 June 2010 (calculated on a
acquired subject delta- adjusted
pursuant to to certain basis (see note
a Contingent conditions 1, section 13))
Forward
Purchase
Agreement
-------------- -------------- ------------- --------------- ----------------------------- ------------ -----------
2.03%
-------------- ----- ------- ------ ----- -------------- ------- ------- ----------- ------------ -----------
Total (A+B+C)
------------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
-------------------------------------------------------------- --------------------------------------------------------
632,659,396 54.57% (please see note 3, section
13)
-------------------------------------------------------------- --------------------------------------------------------
9. Chain of controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held, if applicable: (xxi)
---------------------------------------------------------------------------------------
Proxy Voting:
---------------------------------------------------------------------------------------
10. Name of the proxy holder: N/A
---------------------------------------------------- ---------------------------------
11. Number of voting rights proxy holder will N/A
cease
to hold:
---------------------------------------------------- ---------------------------------
12. Date on which proxy holder will cease to N/A
hold
voting rights:
---------------------------------------------------- ---------------------------------
(1) TUI AG is required under the Disclosure
13. Additional information: and Transparency Rules to disclose
its interest in the convertible bonds
of TUI Travel PLC on a delta-adjusted
basis (see 8(c) above). A change in
the delta relating to such bonds may,
from time to time, result in a notifiable
change in TUI AG's aggregate interest
in the voting rights of TUI Travel
PLC, however TUI AG's actual holding
of convertible bonds (on a nominal
basis as well as the number of TUI
Travel PLC shares underlying such
bonds) has not changed since the date
of issue of such bonds on 27 April
2010. Such bonds were transferred
by Antium Finance Limited to Deutsche
Bank AG, London Branch on 10 October
2013. In addition, the maturity date
of the Contingent Forward Purchase
Agreement (pursuant to which such
bonds are held by Deutsche Bank) has
been extended from 28 July 2014 to
27 July 2016.
(2) 86,967,049 TUI Travel PLC shares
in which TUI AG has an indirect interest
(as referred to in 8A above) are the
same shares as those which it has
a right to acquire under the Contingent
Forward Purchase Agreement (as referred
to in 8B above). Such shares were
transferred by Antium Finance Limited
to Deutsche Bank AG, London Branch
on 10 October 2013. In addition, the
maturity date of the Contingent Forward
Purchase Agreement has been extended
from 28 July 2014 to 27 July 2016.
(3) TUI AG's aggregate 54.57% interest
referred to in section 8 above is
equivalent to 50.03% of TUI Travel
PLC's share capital on a fully diluted
basis.
--------------------------------------- ----------------------------------------------
14. Contact name: N/A
--------------------------------------- ----------------------------------------------
15. Contact telephone number: N/A
--------------------------------------- ----------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLDDLBBZBFZFBF
Grafico Azioni TUI Travel (LSE:TT.)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni TUI Travel (LSE:TT.)
Storico
Da Lug 2023 a Lug 2024
Notizie in Tempo Reale relative a Tui Travel (Borsa di Londra): 0 articoli recenti
Più TUI Travel Articoli Notizie