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

2020. október 01., csütörtök, 22:32





DGAP-Ad-hoc: TUI AG / Key word(s): Statement


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


01-Oct-2020 / 22:32 CET/CEST


Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.


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 Investor Relations

and Corporate Finance
Tel: +44 (0)1293 645 925/

+49 (0)511 566 1425
   
Nicola Gehrt, Director, Head of Group Investor Relations Tel: +49 (0)511 566 1435

Contacts for Analysts and Investors in UK, Ireland and Americas
Hazel Chung, Senior Investor Relations Manager Tel: +44 (0)1293 645 823
Corvin Martens, Senior Investor Relations Manager Tel: +49 (0)170 566 2321

Contacts for Analysts and Investors in Continental Europe, Middle East and Asia
Ina Klose, Senior Investor Relations Manager Tel: +49 (0)511 566 1318
Media  
Kuzey Alexander Esener, Head of Media Relations Tel: + 49 (0)511 566 6024

 



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.











01-Oct-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



























Language: English
Company: TUI AG

Karl-Wiechert-Allee 4

30625 Hannover

Germany
Phone: +49 (0)511 566-1425
Fax: +49 (0)511 566-1096
E-mail: Investor.Relations@tui.com
Internet: www.tuigroup.com
ISIN: DE000TUAG000
WKN: TUAG00
Listed: Regulated Market in Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich, Stuttgart, Tradegate Exchange; London
EQS News ID: 1138460





 
End of Announcement DGAP News Service




1138460  01-Oct-2020 CET/CEST







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