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:

12 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:

10,069,761

2.03%

2,908,641

0.59%

(2)

Cash-settled derivatives:

and/or controlled:

2,537,697

0.51%

7,611,251

1.53%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

12,607,458

2.54%

10,519,892

2.12%

(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

182,409

1.6500 GBP

1p ordinary

Purchase

12,846

1.6663 GBP

1p ordinary

Purchase

11,431

1.6632 GBP

1p ordinary

Purchase

5,362

1.6727 GBP

1p ordinary

Purchase

3,551

1.6613 GBP

1p ordinary

Purchase

2,752

1.6591 GBP

1p ordinary

Purchase

2,003

1.6609 GBP

1p ordinary

Purchase

2,001

1.6726 GBP

1p ordinary

Purchase

1,746

1.6780 GBP

1p ordinary

Purchase

1,590

1.6587 GBP

1p ordinary

Purchase

702

1.6800 GBP

1p ordinary

Purchase

606

1.6561 GBP

1p ordinary

Purchase

269

1.6699 GBP

1p ordinary

Purchase

100

1.6499 GBP

1p ordinary

Purchase

12

1.6550 GBP

1p ordinary

Purchase

11

1.6520 GBP

1p ordinary

Purchase

2

1.6640 GBP

1p ordinary

Sale

117,230

1.6644 GBP

1p ordinary

Sale

39,924

1.6554 GBP

1p ordinary

Sale

17,406

1.6556 GBP

1p ordinary

Sale

11,528

1.6618 GBP

1p ordinary

Sale

10,214

1.6500 GBP

1p ordinary

Sale

8,082

1.6499 GBP

1p ordinary

Sale

5,550

1.6796 GBP

1p ordinary

Sale

4,365

1.6706 GBP

1p ordinary

Sale

3,685

1.6800 GBP

1p ordinary

Sale

1,213

1.6690 GBP

1p ordinary

Sale

1,124

1.6517 GBP

1p ordinary

Sale

1,073

1.6636 GBP

1p ordinary

Sale

737

1.6559 GBP

1p ordinary

Sale

281

1.6670 GBP

1p ordinary

Sale

280

1.6540 GBP

1p ordinary

Sale

134

1.6562 GBP

1p ordinary

Sale

28

1.6860 GBP

1p ordinary

Sale

25

1.6604 GBP

1p ordinary

Sale

20

1.6520 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

10,845

1.6499 GBP

1p ordinary

SWAP

Decreasing Short

9,419

1.6500 GBP

1p ordinary

SWAP

Decreasing Short

1,124

1.6517 GBP

1p ordinary

SWAP

Decreasing Short

159

1.6547 GBP

1p ordinary

SWAP

Decreasing Short

39,924

1.6554 GBP

1p ordinary

SWAP

Decreasing Short

17,406

1.6556 GBP

1p ordinary

SWAP

Decreasing Short

737

1.6559 GBP

1p ordinary

SWAP

Decreasing Short

59

1.6560 GBP

1p ordinary

SWAP

Decreasing Short

87,489

1.6635 GBP

1p ordinary

SWAP

Decreasing Short

1,213

1.6690 GBP

1p ordinary

SWAP

Decreasing Short

20,225

1.6727 GBP

1p ordinary

SWAP

Decreasing Short

5,550

1.6796 GBP

1p ordinary

SWAP

Decreasing Short

1,748

1.6999 GBP

1p ordinary

SWAP

Decreasing Short

833

1.7000 GBP

1p ordinary

SWAP

Increasing Short

176,247

1.6500 GBP

1p ordinary

SWAP

Increasing Short

2

1.6521 GBP

1p ordinary

SWAP

Increasing Short

606

1.6561 GBP

1p ordinary

SWAP

Increasing Short

2,752

1.6591 GBP

1p ordinary

SWAP

Increasing Short

2,003

1.6609 GBP

1p ordinary

SWAP

Increasing Short

3,551

1.6613 GBP

1p ordinary

SWAP

Increasing Short

16

1.6625 GBP

1p ordinary

SWAP

Increasing Short

11,431

1.6632 GBP

1p ordinary

SWAP

Increasing Short

2,777

1.6633 GBP

1p ordinary

SWAP

Increasing Short

12,846

1.6663 GBP

1p ordinary

SWAP

Increasing Short

5,362

1.6727 GBP

1p ordinary

SWAP

Increasing Short

1,746

1.6780 GBP

1p ordinary

SWAP

Increasing Short

702

1.6800 GBP

1p ordinary

CFD

Increasing Long

6,760

1.6581 GBP

1p ordinary

CFD

Decreasing Long

4,568

1.6500 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:

13 Nov 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213