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:

15 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:

9,315,681

1.88%

2,988,010

0.60%

(2)

Cash-settled derivatives:

and/or controlled:

2,686,457

0.54%

8,648,304

1.74%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

12,002,138

2.42%

11,636,314

2.34%

(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

109,847

1.8172 GBP

1p ordinary

Purchase

108,497

1.8160 GBP

1p ordinary

Purchase

63,367

1.8162 GBP

1p ordinary

Purchase

45,813

1.8202 GBP

1p ordinary

Purchase

29,743

1.8192 GBP

1p ordinary

Purchase

26,045

1.8163 GBP

1p ordinary

Purchase

15,926

1.8159 GBP

1p ordinary

Purchase

12,402

1.8184 GBP

1p ordinary

Purchase

6,921

1.8174 GBP

1p ordinary

Purchase

4,940

1.8185 GBP

1p ordinary

Purchase

3,767

1.8189 GBP

1p ordinary

Purchase

3,628

1.8200 GBP

1p ordinary

Purchase

3,427

1.8164 GBP

1p ordinary

Purchase

3,144

1.8170 GBP

1p ordinary

Purchase

1,725

1.8120 GBP

1p ordinary

Purchase

1,665

1.8175 GBP

1p ordinary

Purchase

505

1.8181 GBP

1p ordinary

Purchase

349

1.8193 GBP

1p ordinary

Sale

85,736

1.8180 GBP

1p ordinary

Sale

44,599

1.8160 GBP

1p ordinary

Sale

34,295

1.8197 GBP

1p ordinary

Sale

26,176

1.8157 GBP

1p ordinary

Sale

23,242

1.8187 GBP

1p ordinary

Sale

21,158

1.8163 GBP

1p ordinary

Sale

13,005

1.8185 GBP

1p ordinary

Sale

11,874

1.8177 GBP

1p ordinary

Sale

9,877

1.8173 GBP

1p ordinary

Sale

6,312

1.8161 GBP

1p ordinary

Sale

2,964

1.8179 GBP

1p ordinary

Sale

2,149

1.8159 GBP

1p ordinary

Sale

1,792

1.8200 GBP

1p ordinary

Sale

1,683

1.8209 GBP

1p ordinary

Sale

1,493

1.8220 GBP

1p ordinary

Sale

588

1.8221 GBP

1p ordinary

Sale

547

1.8207 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

4,890

1.8175 GBP

1p ordinary

SWAP

Decreasing Long

2,031

1.8176 GBP

1p ordinary

SWAP

Decreasing Short

26,176

1.8157 GBP

1p ordinary

SWAP

Decreasing Short

11,571

1.8159 GBP

1p ordinary

SWAP

Decreasing Short

3,374

1.8160 GBP

1p ordinary

SWAP

Decreasing Short

21,158

1.8163 GBP

1p ordinary

SWAP

Decreasing Short

9,877

1.8173 GBP

1p ordinary

SWAP

Decreasing Short

11,874

1.8177 GBP

1p ordinary

SWAP

Decreasing Short

2,964

1.8179 GBP

1p ordinary

SWAP

Decreasing Short

85,736

1.8180 GBP

1p ordinary

SWAP

Decreasing Short

13,005

1.8185 GBP

1p ordinary

SWAP

Decreasing Short

6,531

1.8190 GBP

1p ordinary

SWAP

Decreasing Short

34,295

1.8197 GBP

1p ordinary

SWAP

Decreasing Short

8,894

1.8198 GBP

1p ordinary

SWAP

Decreasing Short

211

1.8200 GBP

1p ordinary

SWAP

Decreasing Short

547

1.8207 GBP

1p ordinary

SWAP

Decreasing Short

1,683

1.8209 GBP

1p ordinary

SWAP

Decreasing Short

30

1.8219 GBP

1p ordinary

SWAP

Decreasing Short

588

1.8221 GBP

1p ordinary

SWAP

Increasing Short

9,919

1.8159 GBP

1p ordinary

SWAP

Increasing Short

62,784

1.8160 GBP

1p ordinary

SWAP

Increasing Short

54,174

1.8162 GBP

1p ordinary

SWAP

Increasing Short

26,045

1.8163 GBP

1p ordinary

SWAP

Increasing Short

3,427

1.8164 GBP

1p ordinary

SWAP

Increasing Short

2,049

1.8165 GBP

1p ordinary

SWAP

Increasing Short

2,461

1.8175 GBP

1p ordinary

SWAP

Increasing Short

7,891

1.8176 GBP

1p ordinary

SWAP

Increasing Short

63

1.8179 GBP

1p ordinary

SWAP

Increasing Short

56,123

1.8181 GBP

1p ordinary

SWAP

Increasing Short

12,402

1.8184 GBP

1p ordinary

SWAP

Increasing Short

4,940

1.8185 GBP

1p ordinary

SWAP

Increasing Short

3,767

1.8189 GBP

1p ordinary

SWAP

Increasing Short

29,743

1.8192 GBP

1p ordinary

SWAP

Increasing Short

349

1.8193 GBP

1p ordinary

SWAP

Increasing Short

9,978

1.8196 GBP

1p ordinary

SWAP

Increasing Short

3,628

1.8200 GBP

1p ordinary

SWAP

Increasing Short

35,835

1.8204 GBP

1p ordinary

CFD

Increasing Long

7,278

1.8171 GBP

1p ordinary

CFD

Increasing Long

7,787

1.8172 GBP

1p ordinary

CFD

Decreasing Long

11,679

1.8159 GBP

1p ordinary

CFD

Decreasing Long

23,228

1.8160 GBP

1p ordinary

CFD

Decreasing Long

255

1.8201 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:

16 Oct 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213