TUI AG: PDMR INTEREST IN SHARES - Awards of Phantom Shares Under Long Term Incentive Programmes

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 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)