Form 8.5 (EPT/NON-RI) - TUI AG

LONDON--(BUSINESS WIRE)--

FORM 8.5 (EPT/NON-RI)

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY (“RI”) STATUS (OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a)	Name of exempt principal trader:	BARCLAYS CAPITAL SECURITIES LTD
(b)	Name of offeror/offeree in relation to whose	TUI AG
	relevant securities this form relates:
(c)	Name of the party to the offer with which exempt	TUI TRAVEL PLC
	principal trader is connected
(d)	Date position held/dealing undertaken:	26 November 2014
(e)	Has the EPT previously disclosed, or is it	YES:
	today disclosing, under the Code in respect	TUI TRAVEL PLC
	of any other party to this offer?

2. POSITIONS OF THE EXEMPT PRINCIPAL TRADER

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:		ORD
		Interests		Short Positions
		Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:	857,042	0.30%	345,332	0.12%
(2)	Derivatives (other than
	options):	345,078	0.12%	773,470	0.27%
(3)	Options and agreements to
	purchase/sell:	0	0.00%	0	0.00%
(4)
	TOTAL:	1,202,120	0.41%	1,118,802	0.39%
Class of relevant security:		Convertible Bond DE000TUAG158
		Interests		Short Positions
		Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:	2,868	0.00%	0	0.00%
(2)	Derivatives (other than
	options):	0	0.00%	0	0.00%
(3)	Options and agreements to
	purchase/sell:	0	0.00%	0	0.00%
(4)
	TOTAL:	2,868	0.00%	0	0.00%

All interests and all short positions should be disclosed.

Details of any open derivative or option positions, or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and other executive options)

Class of relevant security in relation to which subscription right exists:

Details, including nature of the rights concerned and relevant percentages:

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

3. DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a) Purchases and sales

Class of relevant	Purchase/sale	Number of	Price per unit
security		securities
ORD	Purchase	700	13.0050 EUR
ORD	Purchase	1,854	12.9988 EUR
ORD	Purchase	2,100	13.0200 EUR
ORD	Purchase	2,800	13.0162 EUR
ORD	Purchase	5,870	13.0044 EUR
ORD	Purchase	6,147	12.9911 EUR
ORD	Purchase	9,667	12.9606 EUR
ORD	Purchase	17,779	12.9931 EUR
ORD	Purchase	19,600	12.9700 EUR
ORD	Purchase	39,375	12.9849 EUR
ORD	Purchase	47,796	12.9762 EUR
ORD	Purchase	67,649	12.9641 EUR
ORD	Sale	300	12.9650 EUR
ORD	Sale	700	13.0050 EUR
ORD	Sale	1,888	13.0239 EUR
ORD	Sale	1,927	13.0119 EUR
ORD	Sale	2,100	13.0200 EUR
ORD	Sale	2,601	12.9839 EUR
ORD	Sale	2,800	13.0162 EUR
ORD	Sale	7,492	12.9741 EUR
ORD	Sale	23,134	12.9615 EUR
ORD	Sale	34,422	12.9621 EUR
ORD	Sale	35,447	12.9842 EUR
ORD	Sale	60,014	12.9831 EUR

(b) Derivatives transactions (other than options)

Class of	Product	Nature of dealing	Number of	Price per
relevant	description		reference	unit
security			securities
ORD	SWAP	Long	300	12.9650 EUR
ORD	SWAP	Long	300	12.9700 EUR
ORD	SWAP	Long	3,515	13.0220 EUR
ORD	CFD	Long	60,014	12.9831 EUR
ORD	SWAP	Short	577	12.9910 EUR
ORD	SWAP	Short	2,409	13.0330 EUR
ORD	SWAP	Short	19,023	12.9694 EUR
ORD	CFD	Short	39,375	12.9849 EUR
ORD	CFD	Short	51,257	12.9773 EUR

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type e.g. American, European etc.

Expiry date

Option money paid/ received per unit

(ii) Exercising

Class of relevant security

Product description e.g. call option

Number of securities

Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security

Nature of dealing e.g. subscription, conversion

Details

Price per unit (if applicable)

The currency of all prices and other monetary amounts should be stated.

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer: If there are no such agreements, arrangements or understandings, state “none”

NONE

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state “none”

NONE

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?	NO
Date of disclosure:	27 Nov 2014
Contact name:	Sushil Vashisht
Telephone number:	020 7773 0744

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [e-mail]. The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s dealing disclosure requirements on [phone].

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

Category Code: FEO

Sequence Number: 442653

Time of Receipt (offset from UTC): 20141127T122936+0000