No intention to make an offer for TUI Travel Plc

RNS Number : 1641W

TUI AG

23 January 2013

 



Not for release, publication or distribution, in whole or in part, in or into or from any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction

23 January 2013

For Immediate Release

No intention to make an offer for TUI Travel Plc ("TUI Travel")

On 16 January 2013, the Independent Directors of TUI Travel announced that they had recently received an approach from TUI AG which may or may not result in a combination of the two companies. 

In accordance with the UK City Code on Takeovers and Mergers ("the Code") requirements, TUI AG confirms that it does not intend to make an offer for TUI Travel.  Accordingly, TUI AG is bound by the restrictions under Rule 2.8 of the Code.

A copy of this announcement will be available on the TUI AG website at www.tui-group.com

Enquiries:

Investor Relations:

Björn Beroleit                 [phone]

Nicola Gehrt                  [phone]

Media:

Uwe Kattwinkel              [phone]

Robin Zimmermann        [phone]

 

END

 

 

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