DGAP-Regulatory: TUI AG: Awards of Phantom Shares Under Long Term Incentive Programmes

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 TUI AG / Director/PDMR Shareholding* 
TUI AG: Awards of Phantom Shares Under Long Term Incentive Programmes 
 
23-Jan-2017 / 15:53 CET/CEST 
Dissemination of a Regulatory Announcement, transmitted by EQS Group AG. 
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* 
 
On 07 December 2016 TUI AG ('the *Company*') announced the appointment of 
Frank Rosenberger as a member of the Executive Board of the Company, the 
appointment to take effect from 01 January 2017. The Company now announces 
that an award of phantom shares (the '*Award*') was granted to Mr 
Rosenberger under the Company's Long Term Incentive Plan with vesting to 
take effect as if the performance period commenced on 1 October 2016. The 
number of phantom shares subject to the Award was calculated based on a 
pro-rated target amount due to the date on which his appointment started on 
01 January 2017 (being 3/4 of a full financial year) and the Award was 
granted at a base price of EUR 12.36 ¹ per share: 
 
*Name of the PDMR* *Corporate Body* *Number of Phantom Shares* 
Frank Rosenberger  Executive Board  18204 
 
The Award made to Mr Rosenberger was 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 
average XETRA price of the Company's shares over the 20 trading days prior 
to date of vesting. 
 
1Average XETRA price of the Company's shares over the 20 trading days prior 
to 1 October 2016. 
 
Dated: 23 January 2017 
 
The EQS Distribution Services include Regulatory Announcements, 
Financial/Corporate News and Press Releases. 
Archive at www.dgap.de/ukreg 
Language:       English 
Company:        TUI AG 
                Karl-Wiechert-Allee 4 
                30625 Hannover 
                Germany 
Phone:          [phone] 
Fax:            [phone] 
E-mail:         [e-mail] 
Internet:       www.tuigroup.com 
ISIN:           DE000TUAG000, DE000TUAG281, DE000TUAG299 
WKN:            TUAG00 , TUA G28, TUA G29 
Listed:         Regulated Market in Hanover; Regulated Unofficial Market in 
                Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate 
                Exchange; Open Market in Frankfurt ; London 
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.:   3777 
 
End of Announcement EQS News Service 
 
538447 23-Jan-2017 
 
 

(END) Dow Jones Newswires

January 23, 2017 09:53 ET (14:53 GMT)