- 07.09.2009, 23:05:04
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- OTS0219 OTW0219
EANS-Adhoc: Air Berlin PLC / Acquisition of the TUIfly City Carrier Business by Air Berlin
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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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07.09.2009
London, 7 September 2009 - Air Berlin PLC and certain TUI Travel PLC group
companies have agreed, in furtherance of their agreement entered into on 27
March 2009, that Air Berlin PLC & Co. Luftverkehrs KG will assume City Carrier
business flight portfolio of TUIfly (i.e., Hapag-Lloyd Fluggesellschaft mbH/
Hapag-Lloyd Express GmbH) for the winter flight plan 2009/10. The long-term
service agreements with TUIfly provide for the assumption of aircraft capacity,
with initially 13 aircraft. As was originally planned, the charter flight
portfolio remains with TUIfly. The parties will not carry out the originally
planned cross-shareholding. Instead a TUI Travel PLC group company will either
acquire a 9.9% holding (on the basis of a share price of EUR 3.97) in Air Berlin
PLC, or alternatively, pay Air Berlin PLC a compensation of EUR 15 million. If
a TUI Travel PLC group company were to acquire this minority shareholding in Air
Berlin PLC, such group company would reduce this shareholding in a scheduled
manner over the course of the next years. The German Federal Cartel Office
("Bundeskartellamt"-FCO) has permitted the acquisition of the City Carrier
Business. The possible acquisition of a minority interest of a TUI Travel plc
group company in Air Berlin PLC requires final clearance with the FCO.
Further inquiry note:
Ingolf Hegner
Head of Investor Relations
+49 (0)30 3434 1532
[email protected]
end of announcement euro adhoc
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emitter: Air Berlin PLC
The Hour House, High Street 32
UK-WD3 1ER Rickmansworth, Herts
phone: +49 (0)30 3434 1500
FAX: +49 (0)30 3434 1509
mail: [email protected]
WWW: http://www.airberlin.com
sector: Air Transport
ISIN: GB00B128C026
indexes: SDAX, Classic All Share, Prime All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, München
language: EnglishOTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS - WWW.OTS.AT | OTB






