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:

22 Nov 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:

6,980,504

1.41%

2,809,385

0.57%

(2)

Cash-settled derivatives:

and/or controlled:

2,473,035

0.50%

4,723,112

0.95%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

9,453,539

1.91%

7,532,497

1.52%

(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

131,729

1.8489 GBP

1p ordinary

Purchase

122,690

1.8500 GBP

1p ordinary

Purchase

72,375

1.8497 GBP

1p ordinary

Purchase

46,544

1.8396 GBP

1p ordinary

Purchase

32,289

1.8498 GBP

1p ordinary

Purchase

13,936

1.8393 GBP

1p ordinary

Purchase

11,476

1.8353 GBP

1p ordinary

Purchase

8,656

1.8340 GBP

1p ordinary

Purchase

8,135

1.8364 GBP

1p ordinary

Purchase

6,893

1.8400 GBP

1p ordinary

Purchase

5,628

1.8472 GBP

1p ordinary

Purchase

5,398

1.8347 GBP

1p ordinary

Purchase

5,026

1.8375 GBP

1p ordinary

Purchase

3,613

1.8457 GBP

1p ordinary

Purchase

2,975

1.8441 GBP

1p ordinary

Purchase

1,881

1.8420 GBP

1p ordinary

Purchase

1,270

1.8360 GBP

1p ordinary

Purchase

1,145

1.8309 GBP

1p ordinary

Purchase

1,086

1.8357 GBP

1p ordinary

Purchase

542

1.8410 GBP

1p ordinary

Purchase

326

1.8433 GBP

1p ordinary

Purchase

235

1.8320 GBP

1p ordinary

Sale

116,072

1.8453 GBP

1p ordinary

Sale

72,375

1.8497 GBP

1p ordinary

Sale

67,831

1.8350 GBP

1p ordinary

Sale

26,110

1.8500 GBP

1p ordinary

Sale

8,034

1.8400 GBP

1p ordinary

Sale

4,843

1.8364 GBP

1p ordinary

Sale

3,034

1.8382 GBP

1p ordinary

Sale

2,146

1.8456 GBP

1p ordinary

Sale

2,026

1.8499 GBP

1p ordinary

Sale

1,538

1.8401 GBP

1p ordinary

Sale

1,081

1.8300 GBP

1p ordinary

Sale

531

1.8340 GBP

1p ordinary

Sale

501

1.8341 GBP

1p ordinary

Sale

498

1.8424 GBP

1p ordinary

Sale

345

1.8316 GBP

1p ordinary

Sale

144

1.8338 GBP

1p ordinary

Sale

9

1.8360 GBP

1p ordinary

Sale

5

1.8330 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 Short

144

1.8338 GBP

1p ordinary

SWAP

Decreasing Short

501

1.8341 GBP

1p ordinary

SWAP

Decreasing Short

28,662

1.8352 GBP

1p ordinary

SWAP

Decreasing Short

80,000

1.8353 GBP

1p ordinary

SWAP

Decreasing Short

10,865

1.8372 GBP

1p ordinary

SWAP

Decreasing Short

3,034

1.8382 GBP

1p ordinary

SWAP

Decreasing Short

498

1.8424 GBP

1p ordinary

SWAP

Decreasing Short

796

1.8458 GBP

1p ordinary

SWAP

Decreasing Short

2,026

1.8499 GBP

1p ordinary

SWAP

Decreasing Short

72,950

1.8500 GBP

1p ordinary

SWAP

Increasing Short

1,145

1.8309 GBP

1p ordinary

SWAP

Increasing Short

8,656

1.8340 GBP

1p ordinary

SWAP

Increasing Short

5,398

1.8347 GBP

1p ordinary

SWAP

Increasing Short

11,476

1.8353 GBP

1p ordinary

SWAP

Increasing Short

1,086

1.8357 GBP

1p ordinary

SWAP

Increasing Short

835

1.8360 GBP

1p ordinary

SWAP

Increasing Short

8,135

1.8364 GBP

1p ordinary

SWAP

Increasing Short

5,026

1.8375 GBP

1p ordinary

SWAP

Increasing Short

42,732

1.8388 GBP

1p ordinary

SWAP

Increasing Short

13,936

1.8393 GBP

1p ordinary

SWAP

Increasing Short

3,935

1.8401 GBP

1p ordinary

SWAP

Increasing Short

1,881

1.8420 GBP

1p ordinary

SWAP

Increasing Short

4,177

1.8435 GBP

1p ordinary

SWAP

Increasing Short

100

1.8440 GBP

1p ordinary

SWAP

Increasing Short

2,975

1.8441 GBP

1p ordinary

SWAP

Increasing Short

3,613

1.8457 GBP

1p ordinary

SWAP

Increasing Short

5,230

1.8472 GBP

1p ordinary

SWAP

Increasing Short

398

1.8473 GBP

1p ordinary

SWAP

Increasing Short

56,581

1.8484 GBP

1p ordinary

SWAP

Increasing Short

3,812

1.8487 GBP

1p ordinary

SWAP

Increasing Short

140,251

1.8500 GBP

1p ordinary

CFD

Increasing Long

345

1.8317 GBP

1p ordinary

CFD

Increasing Long

542

1.8338 GBP

1p ordinary

CFD

Increasing Long

29,496

1.8498 GBP

1p ordinary

CFD

Decreasing Long

2,830

1.8398 GBP

1p ordinary

CFD

Decreasing Long

72,375

1.8497 GBP

1p ordinary

CFD

Decreasing Long

3,966

1.8500 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:

25 Nov 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213