TUI.L

TUI AG
Deutsche Bank AG FF - Pre-stabilisation Notice
28th February 2024, 11:31
TwitterFacebookLinkedIn
To continue viewing RNS, please confirm that you are a Private Investor*

* A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:

  1. Obtains access to the information in a personal capacity;
  2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
  3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
  4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
  5. Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
  6. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
RNS Number : 8110E
Deutsche Bank AG, Frankfurt
28 February 2024
 

28 February 2024

 

 

Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful

 

TUI AG

Pre-Stabilisation Notice

 

Deutsche Bank Aktiengesellschaft (contact: Jeremy Selway, telephone +44 (0)20 7547 5983) hereby gives notice that the Stabilisation Manager named below and its affiliates may stabilise the offer of the following securities in accordance with Commission Delegated Regulation (EU) 2016/1052 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the conditions applicable to buy-back programmes and stabilisation measures.

 

The Securities:

 

Issuer:                                                   TUI AG                     

 

Guarantors (if any):                            On the Issue Date, the Notes will be fully and unconditionally guaranteed on a senior unsecured basis by DEFAG Beteiligungsverwaltungs GmbH III, Leibniz-Service GmbH, Preussag Beteiligungsverwaltungs GmbH IX, Robinson Club GmbH, TUI Aviation Holding GmbH, TUI Deutschland GmbH, TUIfly GmbH, TUI Group Services GmbH, First Choice Holidays Finance Limited, First Choice Holidays Limited, TUI Airways Limited, TUI Group Fleet Finance Limited, TUI Travel Aviation Finance Limited, TUI Travel Holdings Limited, TUI Travel Limited, TUI UK Limited, TUI UK Transport Limited, TUI Belgium NV and TUI Nordic Holding AB

 

Aggregate nominal amount:               [400,000,000]

 

Description:                                         EUR [400,000,000] Sustainability-Linked Senior Notes [ ] due 2029 (RegS ISIN: XS2776523669; 144A ISIN: XS2776523743)

                                                           

Issue/reoffer price:                              [TBD]

 

Spread over benchmark:                    [TBD]

 

 

Stabilisation:

 

Stabilising Manager(s):                       Deutsche Bank Aktiengesellschaft

 

Stabilisation period

expected to start on:                           28 February 2024

 

Stabilisation period

expected to end no later than:            11 April 2024

 

Stabilisation trading venue(s): OTC

 

Maximum size of over-

Allotment facility:                                5% of the aggregate nominal amount stated above

 

 

In connection with the offer of the above securities, the Stabilisation Manager(s) may over-allot the securities or effect transactions with a view to supporting the market price of the securities at a level higher than that which might otherwise prevail. However, there is no assurance that the Stabilisation Manager(s) will take any stabilisation action and any stabilisation action, if begun, may be ended at any time. Any stabilisation action or over-allotment shall be conducted in accordance with all applicable laws and rules.

 

This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.

 

This announcement and the offer of the securities to which it relates are only addressed to and directed at persons outside the United Kingdom and persons in the United Kingdom who have professional experience in matters related to investments or who are high net worth persons within Article 12(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 and must not be acted on or relied on by other persons in the United Kingdom.

 

In addition, if and to the extent that this announcement is communicated in, or the offer of the securities to which it relates is made in, any EEA Member State that has implemented Directive 2003/71/EC, as amended (together with any applicable implementing measures in any Member State, the "Prospectus Directive") before the publication of a prospectus in relation to the securities which has been approved by the competent authority in that Member State in accordance with the Prospectus Directive (or which has been approved by a competent authority in another Member State and notified to the competent authority in that Member State in accordance with the Prospectus Directive), this announcement and the offer are only addressed to and directed at persons in that Member State who are qualified investors within the meaning of the Prospectus Directive (or who are other persons to whom the offer may lawfully be addressed) and must not be acted on or relied on by other persons in that Member State.

 

This announcement is not an offer of securities for sale into the United States. The securities have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There will be no public offer of securities in the United States.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
STASESFFAELSEDE]]>
TwitterFacebookLinkedIn