14th Sep 2018 10:51
LONDON (Alliance News) - TI Fluid Systems PLC said Friday that Janus Henderson Group PLC now owns a 5.40% stake in the company.
Janus Henderson's previous holding in the FTSE 250-listed automotive fluid storage developer was below the disclosure threshold.
Earlier this week, JPMorgan Securities PLC said BC Omega Holdco sold 60 million TI Fluid System shares, an 11.5% stake, to institutional investors. Following completion of the sale, BC Omega holds 282.3 million shares in TI Fluid, representing a 54.4% stake.
TI Fluid shares were trading up 0.2% at 273.00 pence each on Friday.
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