Introduction of subscription rights on TUI AG on 8 January 2021 at Frankfurt Stock Exchange

Release date: 07 Jan 2021

001/2021 Introduction of subscription rights on TUI AG on 8 January 2021 at Frankfurt Stock ExchangeXetra Circular 001/21

1. Introduction

Subject to the inclusion in trading, trading of subscription rights of TUI AG at Frankfurter Wertpapierbörse (FWB®, the Frankfurt Stock Exchange) will take place as of 8 January 2021.

With this circular, we inform you about the parameters that will apply for trading of the subscription rights. 

Start of trading: 8 January 2021
End of trading:   22 January 2021

2. Requirements for participation

Trading Members have to make sure that the Product Assignment Group of the new instrument is assigned to their trader groups.

3. Details

The following trading parameters will apply:

Instrument nameShort codeISINCCP-eligibleFirst trading dayLast trading day

TUI AG BZR

TUIB

DE000TUAG109

yes

08.01.2021

22.01.2021

Trading parameters for Xetra (MIC: XETR):

Product Assignment GroupMinimum order sizeTrading modelCharacteristics
GER0

1

Continuous Trading

At the end of the penultimate trading day of the subscription right, all open orders will be deleted.

On the last trading day, trading will end with a closing auction. It will start at 11:45 CE(S)T at the earliest with a duration of at least five minutes and subsequent trade-at-close period, if applicable. On this day, no intraday auction will take place.

Trading parameters for Börse Frankfurt (MIC: XFRA):

Minimum order sizeTrading modelCharacteristics
0.001

Continuous Auction with Special Auction

On the first trading day, trading will start with a Special Auction as of 09:00 CE(S)T. This Special Auction will take place independent from the first price determination on Xetra (MIC: XETR).

From the second until the penultimate trading day, a Special Auction will take place not before 12:00 noon CE(S)T.

At the end of the penultimate trading day of the subscription right, all open orders will be deleted.

On the last trading day, trading will end with a Special Auction as of 12:00 noon CE(S)T. This Special Auction will take place independent from the last price determination on Xetra (MIC: XETR).


Please also consider the Attachment:

  • Schedule for trading on Xetra (MIC: XETR) from the first trading day until the penultimate trading day including
  • Schedule for trading on Xetra (MIC: XETR) on the last trading day

Further information

Recipients:

All Xetra® Members and Vendors

Target groups:

Traders, Security Administrators

Contact:

Xetra Trading Helpline, tel. +49-69-211-1 14 00

Web:

www.xetra.com

Authorised by (on behalf of the Management Board):

Tobias Köhler, Christopher Turba