Lufthansa Group's stake in Amadeus is reduced from 7.61 to four per cent / Gross proceeds of EUR 307m raised

Lufthansa Group has successfully sold 16.2 million shares of Amadeus IT Holding, S.A. With the sale of the shares, which represents 3.61 per cent of the shares in Amadeus IT Holding, S.A., Lufthansa Group raised gross proceeds of EUR 307m. Accordingly, Lufthansa’s stake in Amadeus will be reduced from 7.61 per cent to four per cent.

With this step Lufthansa Group is further pursuing its active portfolio management. Through the sale of this financial investment and the realized increase in value, Lufthansa Group is further strengthening its liquidity position. The shareholding of four per cent retained by Lufthansa Group is intended to be transferred to the Lufthansa Pension Trust.

Furthermore Lufthansa, Iberia and Air France-KLM, all of which are major shareholders of Amadeus IT Holding, S.A., have each agreed to a lock-up period of 90 days for their respective remaining holdings.