Member Info for TangoFoxtrot

I hope something interesting comes out of the AGM today to move this along

Wasn’t expecting it to open in the 250’s !!

Thinking myself lucky, as I said yesterday I sold at 4.24, my very best wishes are with those still in and good luck

last one worked out at 3.916p per share

Just sold my 1031 shares small profit, good luck to all the holders

Well these results are better than I had expected, let’s see how this plays out today !!

I hope the news is better than I’m expecting and we can get a lift from here. Not so sure though !!

Still here at 1.91 waiting to at least the next dividend and hoping it will be at least 3.36 18/02

Don't think so !! Read below

TUI AG

Fully Underwritten Offering to Raise Gross Proceeds of €544.6 million

7 January 2021

Further to the announcement on 2 December 2020 and 5 January 2021 and the approval by its shareholders on 5 January 2021, TUI AG (the Company) announces a fully underwritten Offering (as defined below) to raise gross proceeds of approximately €544.6 million through offering 508,978,534 new shares in the Company (the New Shares) to the Company's shareholders for subscription. The Company's shareholders will be offered 25 New Shares for every 29 existing shares they hold (Subscription Ratio) on the Record Date (as defined below) at a subscription price of €1.07 per New Share (the Subscription Price).

Investors holding depositary interests over the Company's shares (DIs) on 11 January 2021 will be credited with pre-emptive subscription rights (DI Pre-Emptive Rights) that will allow them to acquire additional DIs representing New Shares at the Subscription Ratio and at the Subscription Price. Investors may exercise their DI Pre-Emptive Rights from and including 12 January 2021 (after being credited with them) up to 10:00 (GMT) on 26 January 2021 (the DI Subscription Period).

Thu, 7 January 2021, 0:02 pm GMT·18-min read
TUI AG (TUI)
07-Jan-2021 / 13:02 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION OR FORWARDING, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, DISTRIBUTION OR FORWARDING WOULD BE UNLAWFUL. PLEASE READ THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.

THIS ANNOUNCEMENT IS AN ADVERTISEMENT AND DOES NOT CONSTITUTE A PROSPECTUS OR PROSPECTUS EQUIVALENT DOCUMENT. NOTHING HEREIN SHALL CONSTITUTE AN OFFERING OF NEW SHARES OR OTHER SECURITIES. NEITHER THIS COMMUNICATION NOR ANY PART OF IT SHALL FORM THE BASIS OF OR BE RELIED ON IN CONNECTION WITH OR ACT AS AN INDUCEMENT TO ENTER INTO ANY CONTRACT OR COMMITMENT WHATSOEVER. ANY DECISION TO PURCHASE, SUBSCRIBE FOR, OTHERWISE ACQUIRE, SELL OR OTHERWISE DISPOSE OF ANY SECURITIES MUST BE MADE ONLY ON THE BASIS OF THE INFORMATION CONTAINED IN THE PROSPECTUS OR THE INTERNATIONAL OFFERING CIRCULAR.

THIS ANNOUNCEMENT DOES NOT CONSTITUTE A RECOMMENDATION CONCERNING ANY INVESTOR'S DECISION OR OPTIONS WITH RESPECT TO THE OFFERING (AS DEFINED BELOW). THE PRICE AND VALUE OF SECURITIES OF THE COMAPNY CAN GO DOWN AS WELL AS UP. PAST PERFORMANCE IS NOT A GUIDE TO FUTURE PERFORMANCE. THE CONTENTS OF THIS ANNOUNCEMENT ARE NOT TO BE CONSTRUED AS LEGAL, BUSINESS, FINANCIAL OR TAX ADVICE. EACH SHAREHOLDER OR PROSPECTIVE INVESTOR SHOULD CONSULT HIS, HER OR ITS OWN INDEPENDENT LEGAL ADVISER, BUSINESS ADVISER, FINANCIAL ADVISER OR TAX ADVISER FOR LEGAL, FINANCIAL, BUSINESS OR TAX ADVICE.



TUI AG



Fully Underwritten Offering to Raise Gross Proceeds of €544.6 million

7 January 2021

Further to the announcement on 2 December 2020 and 5 January 2021 and the approval by its shareholders on 5 January 2021, TUI AG (the Company) announces a fully underwritten Offering (as defined below) to raise gross proceeds of approximately €544.6 million through offering 508,978,534 new shares in the Company (the New Shares) to the Company's shareholders for subscription. The Company's shareholders will be offered 25 New Shares for every 29 existing shares they hold (Subscription Ratio) on the Record Date (as defined below) at a subscription price of €1.07 per New Share (the Subscription Price).

Investors holding depositary interests over the Company's shares (DIs) on 11 January 2021 will be credited with pre-emptive subscription rights (DI Pre-Emptive Rights) that will allow them to acquire additional DIs representing New Shares at the Subscription Ratio and at the Subscription Price. Investors may exercise their DI Pre-Emptive Rights from and including 12 January 2021 (after being credited with them) up to 10:00 (GMT) on 26 January 2021 (the DI Subscription Period).

4K @ £1.91 though about selling a few times. Glad I haven’t

I thought the payment was going to convert to a bit more than this !! 3.9169 pence per share.

Here we come

Is he trying some thing before the agm on the 22nd ?

It appears to be dated before the others ??

That is now 30mins with no live price !!!

that would give you approx 26530 shares for £ 15530.56 and an average of 58.5p IMHO I would be happy with that but I'm no expert

I have 1348 shares at a cost of £ 3655.08
RI of 4493 shares at a cost of £ 1437.87
Total shares would be 5841 £ 5092.95 ( average cost 87p )
At this time I have a loss of £ 1800.00 based on £ 1.35
To have the same loss after RI
my shares would be worth £ 3292.95 ( average cost 56.4p)
Anything more than this 56.4 after the RI makes it worth me buying as I would reduce my loss !! anyone have any comments on this scenario ?? and does this help others ?

I have 1348 @ £ 2.71 £ 3653.08

New allocation would be

1348 divided by 3 x 10 = 4493 rounded down
4493x32p = £ 1437.76

Total shares 1348+4493 = 5841
Total cost £ 1437.76+ £ 3653.08 = £ 5090.84
End cost of shares
£ 5090.84divided by 5841 = 87.16p

I hope this helps some !!

Bob 132

They have reduced their debt, covenants agreed and met for the foreseeable future. All seemed very positive to me and just need a new cfo