For decades, TUI (formerly Thomson Travel) was a staple of the London Stock Exchange. Many British holidaymakers bought shares to get shareholder perks or as a long-term investment.
However, in June 2024, TUI delisted from the London Stock Exchange to focus solely on its German listing in Frankfurt.
What This Means for UK Shareholders If you held TUI shares in a UK broker or as “Depositary Interests” (DIs) and did not sell them before June 2024, your position has changed.
- For Broker Users: Most brokers automatically converted your shares into the German-listed stock (Ticker: TUI1). You can still sell them, but you might pay higher “international trading” fees.
- For Paper Certificate Holders: This is more complex. The “UK Depositary Interest” facility was closed. Your shares may have been compulsorily converted or sold on your behalf if you didn’t respond to the voting forms.
Where is my Money? If your shares were sold compulsorily because you didn’t transfer them to a German custodian, the cash proceeds are likely sitting with the Registrar (formerly Link Group/Computershare for the UK DIs).
Don’t Speak German? Navigating a Frankfurt-listed share registration as a UK citizen is difficult. Use Divica to find the specific UK contact number for TUI’s shareholder team, so you can trace your asset without needing a translator.