TUI AG Reports Changes in Shareholdings by Goldman Sachs

TUI AG, based in Hannover, Germany, has disclosed a significant change in shareholdings involving The Goldman Sachs Group, Inc., indicating a shift in voting rights and instrument holdings related to its stock. This was detailed through a compliance announcement intended for widespread distribution across Europe in alignment with the German Securities Trading Act.

The notification highlighted that Goldman Sachs has altered its holdings in TUI AG stock. The total voting rights through shares slightly decreased to 0.05%, whereas the rights through financial instruments stood at 4.84%, amalgamating to a total of 4.89%. Previously, Goldman Sachs possessed a combined total of 5.45% in both voting rights and instruments. This change occurred on April 12, 2024.

Detailed instrument holdings include various forms of derivatives such as recall rights, use rights, call warrants, call options, and convertible bonds. This notification comes as part of the regulatory requirements that mandate disclosure when significant thresholds in shareholdings are crossed or reached.