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  • The TUI rights issue offer:

    • 25 ‘Nil Paid Rights’ for every 29 existing TUI shares (you must have held TUI shares at 8am on the ex-entitlement date of 8th January 2021).
    • Each Nil Paid Right entitles the holder to subscribe for 1 New TUI Ordinary share (at a price of EUR 1.07 per share).
    • As our transactions are in pounds sterling (£) and TUI is raising money in Euros (€) we’ll need to complete a currency conversion on your behalf. You can find the indicative amount in GBP on our Corporate Action Notifications, however please be aware this may change due to the exchange rate.

    When you receive your Nil Paid Rights you’ll have the following options:

    Option 1 – Take up your rights

    If you choose to take up your rights and buy your full allowance of additional shares, these will be added to your account once the offer has completed and we’ve received the new shares to distribute.

    Option 2 – Partial take up of the rights

    You don’t have to take up all your rights, you can choose to only take up some instead. These new shares will be added to your account once the offer has completed and we’ve received the new shares to distribute. Please note, any rights you don’t take up will lapse and there will be no lapsed payments.

    Frequently Asked Questions

    • Selling your rights on the open market: If you wish to sell your rights on the open market you can do this either online or by telephone during normal trading hours, this way you’ll receive a live quote for your rights. The last day on which you will be able to sell your Rights via our share dealing platform will be 21st January 2021. Our advice date for elections will also be 21st January 2021. There will be no late elections accepted.

    • There is no excess facility on this offer: You are unable to take up any additional rights other than what you have been issued by TUI.

    • How will payment be made? You need to fund your Share Dealing Account, ISA or SIPP with sufficient cash by 21st January 2021 23:59.

      If you’re adding money into your account to take up your rights you’ll need to make sure it’s within the same account where the rights are held, e.g. if you have rights you want take up in your Share Dealing Account then that account will need to have the available cash.

    • If you’ve used your full ISA allowance You can sell your rights or you can move all of your rights to your Share Dealing Account. You will need to call us on 03450 707 129 to carry this out.

    • What happens if I do nothing? If you do nothing your rights will lapse. There will be no lapsed proceeds on this event.

    • Why does my book cost change? The book cost of your underlying TUI Ordinary shares will be adjusted to reflect the crediting of the Rights to your account.

      A portion of your book cost will be removed from your Ordinary shares and allocated to your Rights for taxation purposes. The percentage of book cost allocated to the Rights will be calculated based on the ratio of Rights to Ordinary shares and the opening prices of both the Rights and the Ordinary shares on the day the Rights commence trading on the LSE.

      Should you elect to take up some or all of your Rights, the book cost apportioned to those Rights, together with the payment made to take up those Rights, will be added back to the book cost of your Ordinary shares when the New Ordinary shares are credited. Should you choose to sell some or all of your Rights, or allow them to expire, the book cost apportioned to those Rights will be removed when the Rights are removed from your account.

Getting started

Learn more about how to register for the online service, how to manage your account, and the tools and services we offer.

Getting started

Transfer to us

Looking to transfer stock or cash from another ISA, pension or share dealing account? Read about how to start your transfer and the end-to-end process.

Transfer to us

Investment Options

With our share dealing accounts, you can choose from a wide range of investment options, each with their own features and risks.

Investment Options

Proving your identity

Do you need to provide valid original or certified copies of documents? Find out how.

Proving your identity

Terms and conditions

You can find important information about our share dealing accounts and services, including our policies and our

Terms & Conditions.