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:

25 Sep 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:

9,807,337

1.97%

2,663,621

0.53%

(2)

Cash-settled derivatives:

and/or controlled:

2,383,139

0.48%

9,089,874

1.82%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

12,190,476

2.45%

11,753,495

2.36%

(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

894,142

1.6520 GBP

1p ordinary

Purchase

46,757

1.6623 GBP

1p ordinary

Purchase

20,830

1.6563 GBP

1p ordinary

Purchase

4,197

1.6566 GBP

1p ordinary

Purchase

3,810

1.6569 GBP

1p ordinary

Purchase

3,692

1.6590 GBP

1p ordinary

Purchase

3,514

1.6560 GBP

1p ordinary

Purchase

3,149

1.6579 GBP

1p ordinary

Purchase

2,165

1.6640 GBP

1p ordinary

Purchase

2,160

1.6589 GBP

1p ordinary

Purchase

1,771

1.6573 GBP

1p ordinary

Purchase

1,550

1.6580 GBP

1p ordinary

Purchase

964

1.6564 GBP

1p ordinary

Purchase

718

1.6500 GBP

1p ordinary

Purchase

506

1.6554 GBP

1p ordinary

Purchase

498

1.6599 GBP

1p ordinary

Purchase

275

1.6633 GBP

1p ordinary

Purchase

129

1.6519 GBP

1p ordinary

Sale

866,893

1.6520 GBP

1p ordinary

Sale

46,757

1.6640 GBP

1p ordinary

Sale

44,129

1.6539 GBP

1p ordinary

Sale

24,994

1.6553 GBP

1p ordinary

Sale

8,975

1.6519 GBP

1p ordinary

Sale

8,379

1.6582 GBP

1p ordinary

Sale

6,845

1.6562 GBP

1p ordinary

Sale

5,382

1.6542 GBP

1p ordinary

Sale

5,197

1.6521 GBP

1p ordinary

Sale

3,705

1.6574 GBP

1p ordinary

Sale

3,609

1.6543 GBP

1p ordinary

Sale

2,160

1.6591 GBP

1p ordinary

Sale

1,941

1.6557 GBP

1p ordinary

Sale

1,541

1.6619 GBP

1p ordinary

Sale

778

1.6580 GBP

1p ordinary

Sale

392

1.6560 GBP

1p ordinary

Sale

366

1.6599 GBP

1p ordinary

Sale

200

1.6570 GBP

1p ordinary

Sale

133

1.6540 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

6,966

1.6549 GBP

1p ordinary

SWAP

Decreasing Short

19,003

1.6519 GBP

1p ordinary

SWAP

Decreasing Short

19,258

1.6520 GBP

1p ordinary

SWAP

Decreasing Short

5,246

1.6521 GBP

1p ordinary

SWAP

Decreasing Short

3,630

1.6537 GBP

1p ordinary

SWAP

Decreasing Short

830

1.6539 GBP

1p ordinary

SWAP

Decreasing Short

5,382

1.6542 GBP

1p ordinary

SWAP

Decreasing Short

3,609

1.6543 GBP

1p ordinary

SWAP

Decreasing Short

4,285

1.6559 GBP

1p ordinary

SWAP

Decreasing Short

778

1.6578 GBP

1p ordinary

SWAP

Decreasing Short

273

1.6581 GBP

1p ordinary

SWAP

Decreasing Short

7,500

1.6587 GBP

1p ordinary

SWAP

Decreasing Short

696

1.6589 GBP

1p ordinary

SWAP

Decreasing Short

366

1.6599 GBP

1p ordinary

SWAP

Increasing Short

1,183

1.6520 GBP

1p ordinary

SWAP

Increasing Short

2,683

1.6583 GBP

1p ordinary

SWAP

Increasing Short

3,692

1.6590 GBP

1p ordinary

SWAP

Increasing Short

300

1.6606 GBP

1p ordinary

CFD

Opening Long

1,126,970

1.6520 GBP

1p ordinary

CFD

Decreasing Long

976,785

1.6520 GBP

1p ordinary

CFD

Decreasing Long

9,277

1.6533 GBP

1p ordinary

CFD

Decreasing Long

770

1.6636 GBP

NB: The below transactions which were previously disclosed have been cancelled

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

1p ordinary

CFD

Short

150,185

TRANSFER

(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:

26 Sep 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213