Form 8.3 - TI Fluid Systems plc

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

TI FLUID SYSTEMS PLC

relevant securities this form relates:

(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:

23 Oct 2024

(f)

In addition to the company in 1(c) above, is the discloser making

NO

disclosures in respect of any other party to the offer?

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:

8,928,504

1.80%

2,737,494

0.55%

(2)

Cash-settled derivatives:

and/or controlled:

2,398,876

0.48%

8,241,312

1.66%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

11,327,380

2.28%

10,978,806

2.21%

(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 EXEMPT PRINCIPAL TRADER

(a)

Purchases and sales

Class of relevant

Purchase/sale

Number of

Price per unit

security

securities

1p ordinary

Purchase

29,058

1.7899 GBP

1p ordinary

Purchase

22,146

1.7880 GBP

1p ordinary

Purchase

15,234

1.7889 GBP

1p ordinary

Purchase

10,933

1.7904 GBP

1p ordinary

Purchase

10,358

1.7888 GBP

1p ordinary

Purchase

3,934

1.7918 GBP

1p ordinary

Purchase

3,535

1.7912 GBP

1p ordinary

Purchase

2,682

1.7935 GBP

1p ordinary

Purchase

2,228

1.7920 GBP

1p ordinary

Purchase

2,116

1.7975 GBP

1p ordinary

Purchase

1,954

1.7957 GBP

1p ordinary

Purchase

1,731

1.7855 GBP

1p ordinary

Purchase

1,583

1.8020 GBP

1p ordinary

Purchase

754

1.7928 GBP

1p ordinary

Purchase

703

1.7919 GBP

1p ordinary

Purchase

652

1.7980 GBP

1p ordinary

Purchase

652

1.7897 GBP

1p ordinary

Purchase

438

1.7910 GBP

1p ordinary

Purchase

132

1.7850 GBP

1p ordinary

Purchase

100

1.7840 GBP

1p ordinary

Purchase

51

1.7960 GBP

1p ordinary

Sale

126,859

1.7991 GBP

1p ordinary

Sale

26,336

1.7880 GBP

1p ordinary

Sale

20,219

1.7917 GBP

1p ordinary

Sale

8,391

1.7887 GBP

1p ordinary

Sale

7,716

1.7904 GBP

1p ordinary

Sale

7,107

1.7918 GBP

1p ordinary

Sale

6,737

1.7899 GBP

1p ordinary

Sale

6,608

1.7907 GBP

1p ordinary

Sale

6,336

1.7872 GBP

1p ordinary

Sale

4,788

1.7906 GBP

1p ordinary

Sale

3,261

1.7940 GBP

1p ordinary

Sale

2,969

1.7960 GBP

1p ordinary

Sale

879

1.7901 GBP

1p ordinary

Sale

100

1.7840 GBP

1p ordinary

Sale

51

1.7961 GBP

1p ordinary

Sale

18

1.7920 GBP

1p ordinary

Sale

2

1.7950 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

1p ordinary

SWAP

Decreasing Long

91

1.7984 GBP

1p ordinary

SWAP

Decreasing Short

4,370

1.7872 GBP

1p ordinary

SWAP

Decreasing Short

14,327

1.7880 GBP

1p ordinary

SWAP

Decreasing Short

6,737

1.7899 GBP

1p ordinary

SWAP

Decreasing Short

879

1.7901 GBP

1p ordinary

SWAP

Decreasing Short

1,484

1.7904 GBP

1p ordinary

SWAP

Decreasing Short

6,608

1.7907 GBP

1p ordinary

SWAP

Decreasing Short

7,730

1.7910 GBP

1p ordinary

SWAP

Decreasing Short

23,313

1.7916 GBP

1p ordinary

SWAP

Decreasing Short

3,261

1.7940 GBP

1p ordinary

SWAP

Decreasing Short

2

1.7950 GBP

1p ordinary

SWAP

Decreasing Short

126,859

1.7991 GBP

1p ordinary

SWAP

Decreasing Short

1

1.8240 GBP

1p ordinary

SWAP

Increasing Short

1,731

1.7855 GBP

1p ordinary

SWAP

Increasing Short

27,030

1.7880 GBP

1p ordinary

SWAP

Increasing Short

173

1.7886 GBP

1p ordinary

SWAP

Increasing Short

652

1.7897 GBP

1p ordinary

SWAP

Increasing Short

29,058

1.7899 GBP

1p ordinary

SWAP

Increasing Short

13,542

1.7904 GBP

1p ordinary

SWAP

Increasing Short

2,702

1.7906 GBP

1p ordinary

SWAP

Increasing Short

3,535

1.7912 GBP

1p ordinary

SWAP

Increasing Short

3,933

1.7918 GBP

1p ordinary

SWAP

Increasing Short

2,210

1.7920 GBP

1p ordinary

SWAP

Increasing Short

15,765

1.7925 GBP

1p ordinary

SWAP

Increasing Short

754

1.7928 GBP

1p ordinary

SWAP

Increasing Short

1,057

1.7959 GBP

1p ordinary

CFD

Increasing Long

5,474

1.7879 GBP

1p ordinary

CFD

Increasing Long

7,742

1.7888 GBP

1p ordinary

CFD

Increasing Long

1,070

1.7954 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class

Product

Writing,

Number

Exercise

Type

Expiry

Option

of

description

purchasing,

of

price

date

money

relevant

selling,

securities

per unit

paid/

security

varying etc

to which

received

option

per unit

relates

(ii)

Exercising

Class of relevant

Product description

Exercising/ exercised against

Number of

Exercise price per

security

securities

unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant

Nature of Dealings

Details

Price per unit (if

security

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 exempt principal trader 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:

24 Oct 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213