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:

24 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:

9,811,823

1.97%

2,626,558

0.53%

(2)

Cash-settled derivatives:

and/or controlled:

2,494,700

0.50%

9,247,420

1.86%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

12,306,523

2.47%

11,873,978

2.38%

(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

898,283

1.6440 GBP

1p ordinary

Purchase

23,049

1.6548 GBP

1p ordinary

Purchase

10,692

1.6589 GBP

1p ordinary

Purchase

9,468

1.6552 GBP

1p ordinary

Purchase

8,083

1.6561 GBP

1p ordinary

Purchase

2,661

1.6551 GBP

1p ordinary

Purchase

2,189

1.6556 GBP

1p ordinary

Purchase

1,048

1.6520 GBP

1p ordinary

Purchase

620

1.6597 GBP

1p ordinary

Purchase

170

1.6525 GBP

1p ordinary

Purchase

96

1.6439 GBP

1p ordinary

Purchase

70

1.6580 GBP

1p ordinary

Sale

869,008

1.6440 GBP

1p ordinary

Sale

42,526

1.6439 GBP

1p ordinary

Sale

39,542

1.6514 GBP

1p ordinary

Sale

5,671

1.6534 GBP

1p ordinary

Sale

2,684

1.6484 GBP

1p ordinary

Sale

1,474

1.6519 GBP

1p ordinary

Sale

591

1.6576 GBP

1p ordinary

Sale

528

1.6520 GBP

1p ordinary

Sale

489

1.6568 GBP

1p ordinary

Sale

374

1.6604 GBP

1p ordinary

Sale

225

1.6580 GBP

1p ordinary

Sale

153

1.6559 GBP

1p ordinary

Sale

1

1.6560 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

6,908

1.6496 GBP

1p ordinary

SWAP

Decreasing Short

42,526

1.6439 GBP

1p ordinary

SWAP

Decreasing Short

4,447

1.6463 GBP

1p ordinary

SWAP

Decreasing Short

4

1.6485 GBP

1p ordinary

SWAP

Decreasing Short

4,012

1.6486 GBP

1p ordinary

SWAP

Decreasing Short

14,317

1.6502 GBP

1p ordinary

SWAP

Decreasing Short

88

1.6510 GBP

1p ordinary

SWAP

Decreasing Short

1,474

1.6519 GBP

1p ordinary

SWAP

Decreasing Short

23,397

1.6520 GBP

1p ordinary

SWAP

Decreasing Short

1,740

1.6529 GBP

1p ordinary

SWAP

Decreasing Short

3,493

1.6537 GBP

1p ordinary

SWAP

Decreasing Short

588

1.6547 GBP

1p ordinary

SWAP

Increasing Short

25,566

1.6440 GBP

1p ordinary

SWAP

Increasing Short

338

1.6537 GBP

1p ordinary

SWAP

Increasing Short

2,661

1.6551 GBP

1p ordinary

SWAP

Increasing Short

6,167

1.6552 GBP

1p ordinary

SWAP

Increasing Short

36

1.6560 GBP

1p ordinary

SWAP

Increasing Short

8,047

1.6561 GBP

1p ordinary

SWAP

Increasing Short

26,130

1.6563 GBP

1p ordinary

CFD

Opening Long

833,493

1.6440 GBP

1p ordinary

CFD

Decreasing Long

143

1.6439 GBP

1p ordinary

CFD

Opening Short

833,350

1.6440 GBP

1p ordinary

CFD

Increasing Short

3,405

1.6441 GBP

1p ordinary

CFD

Increasing Short

4,193

1.6460 GBP

1p ordinary

CFD

Increasing Short

3,640

1.6583 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:

25 Sep 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213