TUI AG: CEO Fritz Joussen participates in capital increase - Get updated on what's happening in tourism!



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TUI AG: CEO Fritz Joussen participates in capital increase
Fritz Joussen, CEO of TUI AG, is participating in the capital increase resolved at the Group's Extraordinary General Meeting on 5 January 2021.
TUI AG: CEO Fritz Joussen participates in capital increase

He exercised 500,000 subscription rights and thus acquired approximately 431,000 new shares. Joussen had previously sold shares (300,000) and subscription rights (100,000) on the market, among other things to finance the exercise of subscription rights.

By participating in the capital increase via the subscription rights, Fritz Joussen's shareholding increases from around 900,000 TUI shares to around 1.03 million TUI shares.

Fritz Joussen had purchased the original around 900,000 shares at a weighted average price of 9.96 euros/share.

Image Credit: © TUI Group


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