TUI1 TUI AG

TUI AG: Changes to the Executive Board

TUI AG (TUI)
TUI AG: Changes to the Executive Board

24-Jun-2022 / 09:48 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.


Changes to the Executive Board

Inside Information according to Article 17 MAR and Article 17 of UK MAR


Hanover, 24 June 2022. Mr Friedrich Joussen, CEO of TUI AG, today exercised his right to resign from his office as a member of the Executive Board with effect from 30 September 2022.

At its meeting on 23 June 2022, the Presiding Committee of TUI AG's Supervisory Board resolved to propose to the Supervisory Board that, in the event of Mr Friedrich Joussen's resignation, Mr Sebastian Ebel, currently TUI AG's Chief Financial Officer, shall be appointed Chairman of the Executive Board and Mr Mathias Kiep, currently Group Director Controlling, Corporate Finance & Investor Relations, shall be appointed Chief Financial Officer, both with effect from 01 October 2022 for a period of three years until 30 September 2025.
 

ANALYST & INVESTOR ENQUIRIES

Mathias Kiep, Group Director Investor Relations,
Corporate Finance & Controlling
+ 44 (0)1293 645 925
+ 49 (0)511 566 1425
Nicola Gehrt, Director, Head of Group Investor Relations + 49 (0)511 566 1435
Hazel Chung, Senior Investor Relations Manager + 44 (0)1293 645 823
James Trimble, Investor Relations Manager + 44 (0)1582 315 293
Stefan Keese, Investor Relations Manager (Retail Investors) + 49 (0)511 566 1387
Media  
Kuzey Alexander Esener, Head of Media Relations + 49 (0)511 566 6024

 


ISIN: DE000TUAG000
Category Code: BOA
TIDM: TUI
LEI Code: 529900SL2WSPV293B552
OAM Categories: 2.2. Inside information
Sequence No.: 170426
EQS News ID: 1383119

 
End of Announcement EQS News Service

fncls.ssp?fn=show_t_gif&application_id=1383119&application_name=news&site_id=research_pool
EN
24/06/2022

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on TUI AG

Felix Fischer ... (+5)
  • Felix Fischer
  • Jayanth Kandalam
  • Peter Low
  • Si Yong Ng
  • Tanvi Arora
AMS AMS AG
TUI1 TUI AG ... (+6)

Lucror Analytics - Morning Views Europe

In today's Morning Views publication we comment on developments of the following high yield issuers: Verisure, AMS Osram, International Personal Finance, Bombardier, TK Elevator, Rekeep, Ontex, TUI, Allwyn (formerly Sazka), Samvardhana Motherson, Adler Pelzer, Canpack, Iceland Foods

Felix Fischer ... (+6)
  • Felix Fischer
  • Filipe Botelho
  • Haidje Rustau
  • Peter Low
  • Si Yong Ng
  • Tanvi Arora

Lucror Analytics - Morning Views Europe

In today's Morning Views publication we comment on developments of the following high yield issuers: Nemak, Telenet, Lowell, AMS Osram, evoke, Atalian, Maxeda, TUI, Morrisons

TUI AG: 2 directors

Two Directors at TUI AG bought 6,125 shares at between 7.910EUR and 7.930EUR. The significance rating of the trade was 52/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two y...

Si Yong Ng
  • Si Yong Ng

TUI - Earnings Flash - FY 2024-25 Results - Lucror Analytics

TUI has reported solid FY 2024-25 numbers, with revenues growing c. 4% y-o-y and adjusted EBITDA rising c. 7%. This was driven by robust performances at Hotels & Resorts and Cruises, which offset poor results at Markets & Airlines. Cash-flow performance improved, helped by better earnings, a higher working-capital release and lower cash interest. Net leverage fell q-o-q and y-o-y to 0.6x.  We expect a solid FY 2025-26, backed by positive momentum in H1 for the Hotels & Resorts as well as Cru...

Jayanth Kandalam ... (+4)
  • Jayanth Kandalam
  • Peter Low
  • Si Yong Ng
  • Tanvi Arora

Lucror Analytics - Morning Views Europe

In today's Morning Views publication we comment on developments of the following high yield issuers: evoke, Ineos, Ineos Quattro, Sammontana Italia, TUI, Fressnapf, David Lloyd Leisure

ResearchPool Subscriptions

Get the most out of your insights

Get in touch