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:

18 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:

9,791,160

1.97%

3,682,131

0.74%

(2)

Cash-settled derivatives:

and/or controlled:

3,381,504

0.68%

9,148,425

1.84%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

13,172,664

2.64%

12,830,556

2.58%

(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

198,146

1.6400 GBP

1p ordinary

Purchase

182,602

1.6426 GBP

1p ordinary

Purchase

29,457

1.6333 GBP

1p ordinary

Purchase

21,611

1.6760 GBP

1p ordinary

Purchase

19,271

1.6433 GBP

1p ordinary

Purchase

17,011

1.6475 GBP

1p ordinary

Purchase

13,162

1.6605 GBP

1p ordinary

Purchase

13,145

1.6282 GBP

1p ordinary

Purchase

12,680

1.6692 GBP

1p ordinary

Purchase

7,208

1.6405 GBP

1p ordinary

Purchase

6,492

1.6523 GBP

1p ordinary

Purchase

6,424

1.6239 GBP

1p ordinary

Purchase

5,796

1.6245 GBP

1p ordinary

Purchase

4,204

1.6441 GBP

1p ordinary

Purchase

3,291

1.6639 GBP

1p ordinary

Purchase

3,145

1.6362 GBP

1p ordinary

Purchase

2,289

1.6341 GBP

1p ordinary

Purchase

2,278

1.6649 GBP

1p ordinary

Purchase

1,795

1.6492 GBP

1p ordinary

Purchase

1,531

1.6330 GBP

1p ordinary

Purchase

1,513

1.6220 GBP

1p ordinary

Purchase

1,363

1.6509 GBP

1p ordinary

Purchase

1,213

1.6820 GBP

1p ordinary

Purchase

620

1.6399 GBP

1p ordinary

Purchase

597

1.6280 GBP

1p ordinary

Purchase

234

1.6240 GBP

1p ordinary

Purchase

37

1.6455 GBP

1p ordinary

Purchase

1

1.6737 GBP

1p ordinary

Sale

43,057

1.6400 GBP

1p ordinary

Sale

21,611

1.6760 GBP

1p ordinary

Sale

18,904

1.6413 GBP

1p ordinary

Sale

12,680

1.6692 GBP

1p ordinary

Sale

10,514

1.6244 GBP

1p ordinary

Sale

7,298

1.6361 GBP

1p ordinary

Sale

6,850

1.6309 GBP

1p ordinary

Sale

5,107

1.6349 GBP

1p ordinary

Sale

8

1.6199 GBP

1p ordinary

Sale

7

1.6425 GBP

1p ordinary

Sale

6

1.6540 GBP

1p ordinary

Sale

5

1.6732 GBP

1p ordinary

Sale

2

1.6390 GBP

1p ordinary

Sale

2

1.6280 GBP

1p ordinary

Sale

1

1.6740 GBP

1p ordinary

Sale

1

1.6220 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

2,941

1.6456 GBP

1p ordinary

SWAP

Decreasing Long

1,912

1.6457 GBP

1p ordinary

SWAP

Decreasing Short

8

1.6199 GBP

1p ordinary

SWAP

Decreasing Short

6,850

1.6309 GBP

1p ordinary

SWAP

Decreasing Short

4,869

1.6332 GBP

1p ordinary

SWAP

Decreasing Short

7,298

1.6361 GBP

1p ordinary

SWAP

Decreasing Short

6,994

1.6385 GBP

1p ordinary

SWAP

Decreasing Short

8,845

1.6399 GBP

1p ordinary

SWAP

Decreasing Short

3,585

1.6431 GBP

1p ordinary

SWAP

Decreasing Short

238

1.6700 GBP

1p ordinary

SWAP

Decreasing Short

616

1.6768 GBP

1p ordinary

SWAP

Increasing Short

30,000

1.6255 GBP

1p ordinary

SWAP

Increasing Short

1,531

1.6330 GBP

1p ordinary

SWAP

Increasing Short

177,453

1.6400 GBP

1p ordinary

SWAP

Increasing Short

38,882

1.6416 GBP

1p ordinary

SWAP

Increasing Short

6,019

1.6426 GBP

1p ordinary

SWAP

Increasing Short

19,166

1.6432 GBP

1p ordinary

SWAP

Increasing Short

2,631

1.6437 GBP

1p ordinary

SWAP

Increasing Short

4,204

1.6441 GBP

1p ordinary

SWAP

Increasing Short

1,795

1.6492 GBP

1p ordinary

SWAP

Increasing Short

50,633

1.6517 GBP

1p ordinary

SWAP

Increasing Short

105

1.6520 GBP

1p ordinary

SWAP

Increasing Short

6,492

1.6523 GBP

1p ordinary

SWAP

Increasing Short

13,162

1.6605 GBP

1p ordinary

SWAP

Increasing Short

3,291

1.6639 GBP

1p ordinary

SWAP

Increasing Short

2,278

1.6649 GBP

1p ordinary

CFD

Increasing Long

122

1.6400 GBP

1p ordinary

CFD

Decreasing Long

17,726

1.6289 GBP

1p ordinary

CFD

Decreasing Long

56,611

1.6400 GBP

1p ordinary

CFD

Decreasing Long

7,433

1.6452 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:

19 Sep 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213