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Norway’s State Ministry Ups Stake in TUI AG

Norway’s State Ministry Ups Stake in TUI AG

TUI AG (GB:TUI) has released an update.

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TUI AG has announced a significant change in their shareholding structure, with the Ministry of Finance on behalf of the State of Norway now holding a 3.16% stake in the company as of May 10, 2024. This notification comes after crossing the threshold from a previous holding of 2.01%, reflecting an increase in the Ministry’s investment in TUI AG. The German Securities Trading Act requires such disclosures when major holdings in a company are acquired or disposed of.

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