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:

03 Jan 2025

(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:

7,588,434

1.53%

2,097,273

0.42%

(2)

Cash-settled derivatives:

and/or controlled:

1,838,732

0.37%

7,453,664

1.50%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

9,427,166

1.90%

9,550,937

1.92%

(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

104,351

1.9340 GBP

1p ordinary

Purchase

57,981

1.9325 GBP

1p ordinary

Purchase

43,812

1.9338 GBP

1p ordinary

Purchase

31,768

1.9326 GBP

1p ordinary

Purchase

23,097

1.9327 GBP

1p ordinary

Purchase

629

1.9358 GBP

1p ordinary

Purchase

2

1.9320 GBP

1p ordinary

Sale

109,185

1.9342 GBP

1p ordinary

Sale

55,124

1.9340 GBP

1p ordinary

Sale

27,214

1.9320 GBP

1p ordinary

Sale

25,457

1.9334 GBP

1p ordinary

Sale

24,878

1.9324 GBP

1p ordinary

Sale

17,088

1.9345 GBP

1p ordinary

Sale

6,742

1.9349 GBP

1p ordinary

Sale

3,306

1.9343 GBP

1p ordinary

Sale

2,848

1.9360 GBP

1p ordinary

Sale

2,307

1.9332 GBP

1p ordinary

Sale

1,880

1.9330 GBP

1p ordinary

Sale

1,357

1.9329 GBP

1p ordinary

Sale

912

1.9327 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

Increasing Long

16,729

1.9335 GBP

1p ordinary

SWAP

Decreasing Short

20,479

1.9320 GBP

1p ordinary

SWAP

Decreasing Short

24,878

1.9324 GBP

1p ordinary

SWAP

Decreasing Short

912

1.9327 GBP

1p ordinary

SWAP

Decreasing Short

1,357

1.9329 GBP

1p ordinary

SWAP

Decreasing Short

9,823

1.9330 GBP

1p ordinary

SWAP

Decreasing Short

2,780

1.9340 GBP

1p ordinary

SWAP

Decreasing Short

17,802

1.9342 GBP

1p ordinary

SWAP

Decreasing Short

6,742

1.9349 GBP

1p ordinary

SWAP

Increasing Short

1

1.9320 GBP

1p ordinary

SWAP

Increasing Short

57,981

1.9325 GBP

1p ordinary

SWAP

Increasing Short

23,097

1.9327 GBP

1p ordinary

SWAP

Increasing Short

43,812

1.9338 GBP

1p ordinary

SWAP

Increasing Short

2

1.9350 GBP

1p ordinary

SWAP

Increasing Short

629

1.9358 GBP

1p ordinary

CFD

Decreasing Short

2,941

1.9318 GBP

1p ordinary

CFD

Decreasing Short

30,770

1.9341 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:

06 Jan 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213