PDMR INTEREST IN SHARES - Awards of Phantom Sha...

TUI AG (TUI) TUI AG: PDMR INTEREST IN SHARES - Awards of Phantom Shares Under Long Term Incentive Programmes 05-Oct-2017 / 14:26 CET/CEST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. TUI AG PDMR INTEREST IN SHARES Awards of Phantom Shares Under Long Term Incentive Programmes TUI AG (the "Company") announces that phantom share awards ("Awards") were granted to Mr Horst Baier, a member of the Company's Executive Board, as set out in the table below under the TUI AG Long Term Incentive Plan. The Awards were granted at a base price of EUR 14,60¹ per share on 1 October 2017: Name of the PDMR Corporate Body Number of Phantom Shares Horst Baier Executive Board 46233   The Awards granted to Mr Baier were granted in accordance with the terms of his service contract and will vest and be paid in cash subject to (i) a TSR performance target determined over a 4-year performance period; and (ii) the share price at the date of vesting. 1 Average XETRA price of TUI AG shares over the 20 trading days prior to the date of grant. Dated: 05 October 2017

ISIN:	DE000TUAG000, DE000TUAG281, DE000TUAG299
Category Code:	DSH
TIDM:	TUI
LEI Code:	529900SL2WSPV293B552
OAM Categories:	3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.:	4699

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End of Announcement	EQS News Service

616213  05-Oct-2017