Form 8.3 - TI Fluid Systems plc Replacement

FORM 8.3 - Amendment to 2a and 3aReplaces form Released at 16/01/2025 14:47 RNS Number : 6524T

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 relevant securities this form relates:

TI FLUID SYSTEMS PLC

(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 Jan 2025

(f)

In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

NO

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:

14,377,228

2.89%

4,224,270

0.85%

(2) Cash-settled derivatives:

3,349,150

0.67%

12,685,027

2.56%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

TOTAL: 

17,726,378

3.57%

16,909,297

3.41%

(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 PERSON MAKING THE DISCLOSURE

(a)

Purchase and sales

Class of relevant security

Purchase/sale

Number of securities

Price per unit

1p ordinary

Purchase

1,503,880

1.9410 GBP

1p ordinary

Purchase

600,000

1.9409 GBP

1p ordinary

Purchase

259,185

1.9381 GBP

1p ordinary

Purchase

156,413

1.9419 GBP

1p ordinary

Purchase

123,499

1.9399 GBP

1p ordinary

Purchase

64,280

1.9407 GBP

1p ordinary

Purchase

41,383

1.9400 GBP

1p ordinary

Purchase

39,597

1.9380 GBP

1p ordinary

Purchase

38,767

1.9414 GBP

1p ordinary

Purchase

36,599

1.9390 GBP

1p ordinary

Purchase

29,340

1.9404 GBP

1p ordinary

Purchase

14,650

1.9397 GBP

1p ordinary

Purchase

6,502

1.9420 GBP

1p ordinary

Purchase

5,218

1.9382 GBP

1p ordinary

Purchase

3,056

1.9406 GBP

1p ordinary

Sale

637,806

1.9407 GBP

1p ordinary

Sale

238,683

1.9380 GBP

1p ordinary

Sale

62,112

1.9419 GBP

1p ordinary

Sale

48,023

1.9401 GBP

1p ordinary

Sale

32,804

1.9403 GBP

1p ordinary

Sale

20,762

1.9420 GBP

1p ordinary

Sale

18,561

1.9397 GBP

1p ordinary

Sale

16,445

1.9379 GBP

1p ordinary

Sale

4,364

1.9396 GBP

1p ordinary

Sale

2,402

1.9410 GBP

1p ordinary

Sale

1,749

1.9381 GBP

1p ordinary

Sale

1,389

1.9400 GBP

1p ordinary

Sale

48

1.9382 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

1p ordinary

SWAP

Decreasing Long

12,820

1.9405 GBP

1p ordinary

SWAP

Decreasing Long

12,449

1.9406 GBP

1p ordinary

SWAP

Decreasing Short

61,510

1.9379 GBP

1p ordinary

SWAP

Decreasing Short

184,709

1.9380 GBP

1p ordinary

SWAP

Decreasing Short

6,880

1.9391 GBP

1p ordinary

SWAP

Decreasing Short

14,173

1.9396 GBP

1p ordinary

SWAP

Decreasing Short

2,726

1.9398 GBP

1p ordinary

SWAP

Decreasing Short

6,191

1.9399 GBP

1p ordinary

SWAP

Decreasing Short

10

1.9400 GBP

1p ordinary

SWAP

Decreasing Short

48,023

1.9401 GBP

1p ordinary

SWAP

Increasing Short

276,879

1.9380 GBP

1p ordinary

SWAP

Increasing Short

5,218

1.9382 GBP

1p ordinary

SWAP

Increasing Short

123,499

1.9399 GBP

1p ordinary

SWAP

Increasing Short

7,435

1.9400 GBP

1p ordinary

SWAP

Increasing Short

29,340

1.9404 GBP

1p ordinary

SWAP

Increasing Short

3,056

1.9405 GBP

1p ordinary

SWAP

Increasing Short

17,157

1.9408 GBP

1p ordinary

SWAP

Increasing Short

500,000

1.9409 GBP

1p ordinary

SWAP

Increasing Short

38,767

1.9414 GBP

1p ordinary

SWAP

Increasing Short

155,140

1.9419 GBP

1p ordinary

CFD

Decreasing Short

3,310

1.9397 GBP

1p ordinary

CFD

Decreasing Short

15

1.9400 GBP

1p ordinary

CFD

Increasing Short

8,911

1.9404 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class of relevant security

Product description

Writing, purchasing, selling, varying etc

Number of securities to which option relates

Exercise price per unit

Type

Expiry date

Option money paid/ received per unit

(ii)

Exercising

Class of relevant security

Product description

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant security

Nature of Dealings

Details

Price per unit (if 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 person 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:

17 Jan 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213