4 Dec 2019 07:00
TI Fluid Systems PLC
4 December 2019
TI Fluid Systems plc
("the Company")
Notification of transactions of Directors/ Persons Discharging Managerial Responsibilities ("PDMRs")
The Company was notified by Computershare Investor Services plc that ordinary shares have been sold. The following notifications, made pursuant to Article 19(3) of the EU Market Abuse Regulation, provide further details.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Stefan Rau | ||||
2 | Reason for the notification | |||||
a) | Position/status | Executive Vice President, FCS | ||||
b) | Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | TI Fluid Systems plc | ||||
b) | LEI | 5493001T9RXVD6OAWY46 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of TI Fluid Systems plc of £0.01 each GB00BYQB9V88 | ||||
b) | Nature of the transaction | Sale of shares to TI Fluid Systems plc Employee Benefit Trust in order to effect the net settlement of previously granted restricted share awards that vested on 1 December 2019 | ||||
c)
| Price(s) and volume(s)
|
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A
| ||||
e) | Date of the transaction
| 2 December 2019 | ||||
f)
| Place of the transaction | XLON | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Hans Dieltjens | ||||
2 | Reason for the notification | |||||
a) | Position/status | Executive Vice President, FTDS | ||||
b) | Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | TI Fluid Systems plc | ||||
b) | LEI | 5493001T9RXVD6OAWY46 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of TI Fluid Systems plc of £0.01 each GB00BYQB9V88 | ||||
b) | Nature of the transaction | Sale of shares to TI Fluid Systems plc Employee Benefit Trust in order to effect the net settlement of previously granted restricted share awards that vested on 1 December 2019 | ||||
c)
| Price(s) and volume(s)
|
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A
| ||||
e) | Date of the transaction
| 2 December 2019 | ||||
f)
| Place of the transaction | XLON | ||||
Enquiries:
TI Fluid Systems plc +44 (0)1865 871855Matthew ParolyCompany Secretary
FTI Consulting +44 (0)20 3727 1340Richard MountainNick Hasell
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ENDS
TI Fluid Systems (TIFS)