Lufthansa Pension Trust sells three per cent shares in Amadeus

Lufthansa Pension Trust has successfully placed approximately 13.5 million shares of Amadeus IT Holding, S.A. by way of an institutional private placement. With the sale of the shares, which represents three per cent of the shares in Amadeus IT Holding, S.A., the pension fund raised gross proceeds of €388 million. Accordingly, the Lufthansa Pension Trust’s stake in Amadeus will be reduced from four per cent to approximately one per cent. 

To facilitate this transaction, Lufthansa Pension Trust has agreed to a lock up period of 90 days for its remaining stake. The co-shareholder Air France Finance has committed to a lock up period of 30 days regarding its shares of Amadeus IT Holding, S.A

The disposal of the Amadeus shares is a portfolio management transaction by the pension fund to ensure a balanced asset allocation.

In November 2012, as part of the active management of its holdings, Lufthansa transferred a four per cent stake in Amadeus IT Holding, S.A. to Lufthansa Pension Trust and furthermore sold 3.61 per cent of the shares of Amadeus IT Holding, S.A. With the sale of the shares, Lufthansa Group generated gross proceeds of €307 million in 2012. 

Disclaimer:

This announcement does not contain or constitute an offer of, or the solicitation of an offer to buy or subscribe for, securities.

This release is not an offer of securities for sale in or into the United States of America. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the “Securities Act”). Any public offering of securities to be made in or into the United States of America will be made by means of a prospectus that may be obtained from Amadeus IT Holding S.A. and that will contain detailed information about the company and management, as well as financial statements. There will be no public offer of the securities in or into the United States of America. 

Subject to certain exceptions, the securities referred to herein may not be offered or sold in Australia, Canada or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada or Japan. 

Deutsche Lufthansa AG
Media Relations Lufthansa Group

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