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Hanover (dpa) - The shareholders of the ailing travel group Tui have cleared the way for the planned capital increase from the third rescue package.
At the extraordinary general meeting, shareholders voted with a large majority for this step, as the supervisory board chairman Dieter Zetsche announced at the online event on Tuesday.
The capital increase is expected to bring Tui around half a billion euros.
The subscription price for the new shares is 1.07 euros.
The largest Tui shareholder Unifirm around the Russian billionaire family Mordashov had already promised to subscribe at least to the extent of its stake of almost 25 percent.