TUI AG ☀ 🌴 - TUI

So I’ve to sell at loss? :frowning:

Transfer to HL or another provider now and you should be ok.

It’s my SIPP account, so i can’t :frowning:

Tui shareholders made an overwhelming decision to delist from the LSE and this was announced sometime ago so there have been opportunities to sell within that time when the share price was much higher, prehaps making a complaint direct to TUI may yield reward.

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well i bought TUI at much higher price couple of years ago, so been holding since then in a hope of recovery

Faraway, suggest you ask direct question to Freetrade, I have raised a question re Tui, will await a response

In the meantime Marty :wave:

I recall Freetrade have opened access to lots of German stocks back in January 2022

I have assumed, maybe incorrectly they were on the Frankfurt exchange, apologies if my understanding is wrong, I am assuming at the moment my TUI shares will be transferred and my values kept intact but in euros.?

Will update as I receive a response

oops sorry Faraz, spell checker intervened and changed your name spelling :thinking:

I received a response from Freetrade that any shares will be force sold by Freetrade on the closing date 21 June and funds put into your portfolio cash after a settlement period.
Guess options are leave and they sell, unknown price achieved
Try sell some now, but difficult as not many buyers.
Not sure of the process of moving to another provider ie Hargreaves Lansdowne and if there is enough time

Is it possible to just transfer out TUI shares and not the complete portfolio?

Folks, update response from Ollie at Freetrade, cut and pasted below

“ Tui AG shares are due to delist from the London Stock Exchange effective from 8.00am on 24th June 2024. Following the delisting, any remaining shares held in Crest will be force sold by the depositary, which would result in any cash proceeds being received on the 12th July 2024.To ensure shareholders receive their cash as soon as practically possible, Freetrade will be selling all existing shares held in Tui AG on the 17th June 2024, with trading being suspended at market close on the 14th June 2024.Currently, Freetrade will not be relisting the new Tui shares listed on the Frankfurt exchange, we apologise for any inconvenience this may cause. Our Corporate Actions team will update you further if we decide to relist the new Tui shares listed on the Frankfurt exchange, at a later date.

Good luck all……