TI Fluid Systems Regulatory News (TIFS)

Amendment - This form replaces RNS number 9438L published at 13:22 on 12/11/2024, changes made to section 2a

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR

MORE

Rule 8.3 of the Takeover Code (the "Code")

1.

KEY INFORMATION

(a)

Full name of discloser:

Barclays PLC.

(b)

Owner or controller of interest and short positions disclosed, if different from 1(a):

(c)

Name of offeror/offeree in relation to whose relevant securities this form relates:

TI FLUID SYSTEMS PLC

(d)

If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:

(e)

Date position held/dealing undertaken:

11 Nov 2024

(f)

In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

NO

2.

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(a)

Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing(if any)

Class of relevant security:

1p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

*8,049,699

1.62%

*2,789,959

0.56%

(2) Cash-settled derivatives:

2,536,827

0.51%

7,589,263

1.52%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

TOTAL: 

10,586,526

2.13%

10,379,222

2.08%

*Please note that this position adjustment will affect positions for trade dates between 11th of November 2024 till 17th of December 2024.

(b)

Rights to subscribe for new securities (including directors and other executive options)

Class of relevant security in relation to which subscription right exists

Details, including nature of the rights concerned and relevant percentages:

3.

DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

(a)

Purchase and sales

Class of relevant security

Purchase/sale

Number of securities

Price per unit

1p ordinary

Purchase

76,957

1.6972 GBP

1p ordinary

Purchase

67,245

1.6900 GBP

1p ordinary

Purchase

57,874

1.6987 GBP

1p ordinary

Purchase

30,772

1.7060 GBP

1p ordinary

Purchase

21,967

1.6935 GBP

1p ordinary

Purchase

7,393

1.6995 GBP

1p ordinary

Purchase

5,122

1.6930 GBP

1p ordinary

Purchase

3,227

1.7200 GBP

1p ordinary

Purchase

2,688

1.6956 GBP

1p ordinary

Purchase

2,083

1.6980 GBP

1p ordinary

Purchase

1,996

1.6916 GBP

1p ordinary

Purchase

1,751

1.7240 GBP

1p ordinary

Purchase

622

1.7040 GBP

1p ordinary

Purchase

500

1.7116 GBP

1p ordinary

Purchase

300

1.6939 GBP

1p ordinary

Purchase

268

1.6960 GBP

1p ordinary

Purchase

268

1.7000 GBP

1p ordinary

Sale

45,838

1.6982 GBP

1p ordinary

Sale

31,170

1.6900 GBP

1p ordinary

Sale

23,716

1.6924 GBP

1p ordinary

Sale

21,365

1.7055 GBP

1p ordinary

Sale

18,276

1.7046 GBP

1p ordinary

Sale

17,680

1.6901 GBP

1p ordinary

Sale

8,650

1.6918 GBP

1p ordinary

Sale

7,829

1.6935 GBP

1p ordinary

Sale

7,393

1.6996 GBP

1p ordinary

Sale

7,137

1.6980 GBP

1p ordinary

Sale

5,770

1.6993 GBP

1p ordinary

Sale

3,464

1.6975 GBP

1p ordinary

Sale

3,325

1.7000 GBP

1p ordinary

Sale

3,227

1.7200 GBP

1p ordinary

Sale

2,542

1.6940 GBP

1p ordinary

Sale

2,540

1.6992 GBP

1p ordinary

Sale

2,383

1.6944 GBP

1p ordinary

Sale

2,144

1.6978 GBP

1p ordinary

Sale

2,142

1.6920 GBP

1p ordinary

Sale

2,018

1.6981 GBP

1p ordinary

Sale

1,861

1.6899 GBP

1p ordinary

Sale

1,746

1.7060 GBP

1p ordinary

Sale

1,073

1.6952 GBP

1p ordinary

Sale

1,045

1.7082 GBP

1p ordinary

Sale

879

1.6936 GBP

1p ordinary

Sale

843

1.6961 GBP

1p ordinary

Sale

794

1.7079 GBP

1p ordinary

Sale

300

1.7006 GBP

1p ordinary

Sale

268

1.6960 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

1p ordinary

SWAP

Decreasing Short

2,736

1.6899 GBP

1p ordinary

SWAP

Decreasing Short

1,912

1.6900 GBP

1p ordinary

SWAP

Decreasing Short

17,680

1.6901 GBP

1p ordinary

SWAP

Decreasing Short

2,803

1.6935 GBP

1p ordinary

SWAP

Decreasing Short

3,010

1.6937 GBP

1p ordinary

SWAP

Decreasing Short

555

1.6940 GBP

1p ordinary

SWAP

Decreasing Short

732

1.6946 GBP

1p ordinary

SWAP

Decreasing Short

843

1.6961 GBP

1p ordinary

SWAP

Decreasing Short

3,464

1.6975 GBP

1p ordinary

SWAP

Decreasing Short

4,905

1.6980 GBP

1p ordinary

SWAP

Decreasing Short

2,540

1.6992 GBP

1p ordinary

SWAP

Decreasing Short

732

1.6998 GBP

1p ordinary

SWAP

Decreasing Short

18,276

1.7047 GBP

1p ordinary

SWAP

Decreasing Short

21,365

1.7055 GBP

1p ordinary

SWAP

Decreasing Short

794

1.7080 GBP

1p ordinary

SWAP

Decreasing Short

1,045

1.7082 GBP

1p ordinary

SWAP

Decreasing Short

6

1.7333 GBP

1p ordinary

SWAP

Decreasing Short

5

1.7340 GBP

1p ordinary

SWAP

Increasing Short

37,570

1.6900 GBP

1p ordinary

SWAP

Increasing Short

5,122

1.6930 GBP

1p ordinary

SWAP

Increasing Short

21,967

1.6935 GBP

1p ordinary

SWAP

Increasing Short

2,199

1.6953 GBP

1p ordinary

SWAP

Increasing Short

2,688

1.6956 GBP

1p ordinary

SWAP

Increasing Short

22,682

1.7047 GBP

1p ordinary

SWAP

Increasing Short

30,772

1.7060 GBP

1p ordinary

SWAP

Increasing Short

1,751

1.7240 GBP

1p ordinary

CFD

Increasing Long

10,819

1.6929 GBP

1p ordinary

CFD

Increasing Long

6,119

1.6940 GBP

1p ordinary

CFD

Increasing Long

1,625

1.7110 GBP

1p ordinary

CFD

Decreasing Long

31,254

1.6900 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class of relevant security

Product description

Writing, purchasing, selling, varying etc

Number of securities to which option relates

Exercise price per unit

Type

Expiry date

Option money paid/ received per unit

(ii)

Exercising

Class of relevant security

Product description

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant security

Nature of Dealings

Details

Price per unit (if applicable)

4.

OTHER INFORMATION

(a)

Indemnity and other dealings arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

NONE

(b)

Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights of future acquisition or disposal of any relevant securities to which any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

28 Feb 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213