The shares of Tui Ag they will be removed from the London Stock Exchange in two weeks. Travelmole reported the news. A delisting that, the shareholders of the Tui Group had voted in favour by a large majority (98.35%). Trading in Tui shares by the LSE will end at the close of business on 21 June 2024 and the shares will then be included in the MDAX of the Frankfurt Stock Exchange starting next June 24th. In this way, the tour operator returns to the German stock index after nine years.
The quotation inMdax
“With the listing on the MDAX, we are clearly focusing on a stock exchange listing,” said the cfo Mathias Kiep -. This increases the visibility and attractiveness of our stock for investors. Our shareholders have voted by a large majority in favor of the amendment of the structure of the double quotation. The UK market remains one of Tui’s key markets and the change in listing from London to Frankfurt does not change this.”
June 21 is therefore Tui’s last trading day on the London Stock Exchange.
Tags: Tui
