http://www.tuitravelplc.com/

TUI Travel is one of the world’s leading leisure travel groups, with over 220 trusted brands in 180 countries and more than 30 million customers.

‘Making travel experiences special’ underpins everything we do and keeps our focus on providing the unrivalled choice, professionalism and confidence our customers and stakeholders can rely on, now and in the future.

Our business is grouped into three sectors, comprising many of the best loved and market-leading travel brands worldwide – Mainstream, Accommodation & Destinations and Specialist & Activity. From the most popular holiday brands to an unparalleled collection of specialist travel providers, we offer the breadth and depth of experiences and expertise for every conceivable type of traveller.

We are a truly global business, employing approximately 55,000 people and operating in 31 key source markets worldwide. As a dynamic, influential company we are committed to responsible leadership in the travel sector. Our head office is in the UK and TUI Travel PLC is listed on the London Stock Exchange as a member of the FTSE 100 and FTSE4Good indices with the ticker code TT.

Thursday 04 Dec 2014 Full Year Preliminary

Updated Expected Timetable of Principal Events

RNS


RNS Number : 5466Y

TUI Travel PLC

02 December 2014






Not for release, publication or distribution, in whole or in part, in or into or from any jurisdiction where to do so would constitute a violation of the relevant laws OR REGULATIONS of such jurisdiction



2 December 2014



RECommended all-Share merger of TUI Travel PLC and TUI AG



Updated Expected Timetable of Principal Events



On 15 September 2014, the Independent Directors of TUI Travel PLC ("TUI Travel") and the Executive Board (Vorstand) of TUI AG announced that they had reached agreement on the terms of a recommended all-share nil-premium merger of TUI Travel and TUI AG (the "Merger"), to be implemented by way of a scheme of arrangement of TUI Travel under Part 26 of the Companies Act 2006 (the "Scheme").

TUI Travel published the scheme document in connection with the Scheme, which included the expected timetable of principal events for implementation of the Scheme, on 2 October 2014 (the "Scheme Document"). Defined terms used but not defined in this announcement have the meanings set out in the Scheme Document.

The Independent Directors of TUI Travel and the Executive Board of TUI AG announce that the Court Hearing to sanction the Scheme and confirm the Reduction of Capital has been convened for 10 December 2014. However, due to requisite technical procedures relating to depositing the global certificate representing the New TUI AG Shares with Clearstream and the crediting of the New TUI AG Shares to the securities deposit account of Capita IRG Trustees Limited, the TUI AG DIs are not now expected to be credited to CREST accounts until 17 December 2014 and therefore admission to listing and trading on the London Stock Exchange of TUI AG Shares is not expected to take place until 8:00 a.m. that morning.

An updated expected timetable of principal events in relation to the Merger is set out below. Any further updates or changes will be notified by TUI Travel through a Regulatory Information Service. All references in this table to times are to London time.


Event

Time/date


Last date for registration of transfers of (and date for disablement in CREST of) TUI Travel Shares

9 December 2014


Scheme Record Time and record time for second interim dividend

6:00 p.m. on 9 December 2014


Last day of dealings in TUI Travel Shares

10 December 2014


Court Hearing to sanction the Scheme and confirm the Reduction of Capital

10 December 2014[1]


Declaration of second interim dividend and irrevocable instruction by TUI Travel for payment of second interim dividend

10 December 2014 (following the Court Hearing)


Suspension of listing of, and dealings in, TUI Travel Shares

By 8:00 a.m. on 11 December 2014


Scheme Effective Time

11 December 2014[2]


Issuance of New TUI AG Shares

12 December 2014[3]


Listing and commencement of dealings on the London Stock Exchange of TUI AG Shares and CREST accounts credited in respect of TUI AG DIs

8:00 a.m. on 17 December 2014


Delisting of TUI Travel Shares

After 17 December 2014


TUI Travel second interim dividend credited to relevant accounts

24 December 2014


Latest date for Scheme to become Effective

30 September 2015[4]

3 Dec Morgan Stanley 500.00 Overweight

Final Results

ANOTHER YEAR OF OUT-PERFORMANCE

· Growth roadmap exceeded for the second year running - 11% increase in underlying operating profit1 on a constant currency basis2
· Mainstream strategy continues to deliver sustainable, profitable growth
· Accommodation Wholesaler roadmap target surpassed - underlying operating profit1 up 21% on a constant currency basis2
· Merger with TUI AG will accelerate long-term growth and future-proof our proven business model
· Pleased with current trading for Winter 2014/15; Strong Summer 2015 UK trading continues

Cheers skinny. :-))

---------------------------------------------------------------------------------------------
4 Dec Numis 425.00 Hold
4 Dec Panmure Gordon 503.00 Buy
3 Dec Morgan Stanley 500.00 Overweight

TUI AG announces "successful" full year following merger with TUI Travel

Wed, 10 December 2014


TUI AG announces 'successful' full year following merger with TUI Travel



Price: 439.40

Chg: -3.80

Chg %: -0.86%

Date: 16:34



FTSE 100 Quote


Price: 6,506.18 Chg: -23.29 Chg %: -0.36% Date: 16:29

German multinational travel and tourism company TUI AG on Wednesday said it has a "very successful financial year" after its merger with the UK's TUI Travel.
The group's turnover grew 1% to €18.71bn during the year and underlying earnings before interest, tax and amortisation (EBITA) rose 14% to €868.5m.

TUI's outlook was driven by a strong development of the group's operating performance, lower interest costs and a decline in one-off expenses.

A merger with British leisure travel group TUI Travel is expected to be completed next week. The group believes the merger will form the world's number one integrated tourism group.

Chief executive Fritz Joussen said: "We have delivered on our promises: We have significantly outperformed against our earnings targets.

"As a fully integrated tourism group, we are perfectly positioned for further, accelerated growth in the future. This will create value for our shareholders and secure jobs in the long term."

Following the strong results, the group announced it will be proposing a dividend of 0.33c in February next year at its annual general meeting.

Standard & Poor on Wednesday raised TUI's rating to "BB-" from "B+".

Suspended.

Applications have been made to the UK Listing Authority and the London Stock Exchange for the TUI AG Shares to be admitted to listing and trading on the Main Market of the London Stock Exchange with effect from 8:00 a.m. on 17 December 2014.

TUI Travel, TUI AG merger completes

Now the merger is completed - The new company name is TUI GROUP (ticker : TUI)


SEE NEW THREAD

http://www.moneyam.com/InvestorsRoom/posts.php?tid=18530#lastread