RE: As expected and don't panic..........8 Jan 2024 10:10
Shareholder should read this carfully:
https://www.tuigroup.com/damfiles/default/tuigroup-15/en/investors/7_AGM/2024/TUI_FINAL_Circular_website.pdf-2562eea93ca1fefa435a3fe123381125.pdf
especially
....DI Holders who take no action
On the UK Delisting Date, the Deed Poll will be terminated in accordance with its terms (for further details
please see the summary of the Deed Poll in Part 2 (“Additional Information”)) and the DIs will be cancelled.
In the event a DI Holder takes no action in respect of their DIs prior to the UK Delisting Date and so still holds
DIs as at the UK Delisting Date (the Residual DI Holders) then, in accordance with the terms of the Deed
Poll, the Depositary shall deliver the Shares to a Clearstream Account in the name of the DI Holder or its
German Share Depositary Account or its Custodian Account (but only to the extent the Depositary has
previously been notified of such details) or, in the event the DI Holder has not notified the Depositary of such
an account, shall cancel the remaining DIs and enact the sale of the Shares underlying any remaining DIs held
by the Residual DI Holders (the Residual Shares) in accordance with the terms of the Deed Poll (for further
details please see the summary of the Deed Poll in Part 2 (“Additional Information”)) (the Residual Shares
Sale). The proceeds of the Residual Shares Sale, net of all commissions, costs and expenses, all applicable
taxes and duties and all foreign exchange commissions, costs and expenses relating to conversion of the
proceeds of Residual Shares Sale into pounds sterling, will then be remitted by the Depositary to the Residual
DI Holders in accordance with the terms of the Deed Poll....
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