TIDMTT.

RNS Number : 4265V

TUI Travel PLC

12 December 2013

TUI TRAVEL PLC

ALLOCATION OF SHARES UNDER THE DEFERRED ANNUAL BONUS SCHEME

On 12 December 2013, shares were allocated to the following Executive Directors under the Deferred Annual Bonus Scheme at 376.9 pence per share, which may be acquired for nil cost:

 
                     Number of Shares 
----------------  --------------------- 
                   Deferred   Matching* 
----------------  ---------  ---------- 
 Peter Long         181,546     726,184 
----------------  ---------  ---------- 
 Johan Lundgren     119,607     478,428 
----------------  ---------  ---------- 
 Will Waggott        98,063     392,252 
----------------  ---------  ---------- 
 

*The release of these shares, at the discretion of the Remuneration Committee between the 3(rd) and 10(th) anniversaries of the allocation date, is subject to the satisfaction of performance conditions.

ALLOCATION OF SHARES UNDER THE PERFORMANCE SHARE PLAN

On 12 December 2013, shares were allocated to the following Executive Directors under the Performance Share Plan at 376.9 pence per share, which may be acquired for nil cost:

 
                   Number of Shares* 
----------------  ------------------ 
 Peter Long                  338,286 
----------------  ------------------ 
 Johan Lundgren              185,725 
----------------  ------------------ 
 Will Waggott                145,927 
----------------  ------------------ 
 

*The release of these shares, at the discretion of the Remuneration Committee between the 3(rd) and 10(th) anniversaries of the allocation date, is subject to the satisfaction of performance conditions.

In total Peter Long (Chief Executive) retains an interest in 9,443,766 shares, relating to 3,025,860 personal holding, 4,448,850 under the Deferred Annual Bonus Scheme and 1,969,056 under the Performance Share Plan.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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