25th Mar 2022 07:00
25 March 2022
TI Fluid Systems plc
("the Company")
Notification of transactions of Directors/ Persons Discharging Managerial Responsibilities ("PDMRs")
The Company advises that a vesting of ordinary shares has been made under the Company's Long Term Incentive Plan for performance measured awards granted in 2019. The following notifications, made pursuant to Article 19(3) of the EU Market Abuse Regulation, provides further detail.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a) | Name | Hans Dieltjens | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Chief Executive Officer and President | ||||||
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 | Vesting of ordinary shares under the Company's Long Term Incentive Plan. The net shares below result from withholding on account of taxes and lapsing due to the application of performance criteria
| ||||||
c)
| Price(s) and volume(s)
|
| ||||||
d) | Aggregated information - Aggregated volume - Price | N/A | ||||||
e) | Date of the transaction
| 24 March 2022 | ||||||
f)
| Place of the transaction | XLON | ||||||
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 | Vesting of ordinary shares under the Company's Long Term Incentive Plan. The net shares below result from withholding on account of taxes and lapsing due to the application of performance criteria
| ||||||
c)
| Price(s) and volume(s)
|
| ||||||
d) | Aggregated information - Aggregated volume - Price | N/A
| ||||||
e) | Date of the transaction
| 24 March 2022 | ||||||
f)
| Place of the transaction | XLON | ||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a) | Name | Steve Vercauteren
| ||||||
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 | Vesting of ordinary shares under the Company's Long Term Incentive Plan. The net shares below result from withholding on account of taxes and lapsing due to the application of performance criteria
| ||||||
c)
| Price(s) and volume(s)
|
| ||||||
d) | Aggregated information - Aggregated volume - Price | N/A
| ||||||
e) | Date of the transaction
| 24 March 2022 | ||||||
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
Related Shares:
TI Fluid Systems