Form 8.3 - TI Fluid Systems plc Replacement

FORM 8.3 - Amendment to 2a and 3aReplaces form Released at 18/10/2024 15:23 RNS Number : 8289I

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:

17 Oct 2024

(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:

9,217,760

1.86%

2,939,748

0.59%

(2) Cash-settled derivatives:

2,527,802

0.51%

8,441,499

1.70%

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

0

0.00%

0

0.00%

TOTAL: 

11,745,562

2.36%

11,381,247

2.29%

(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

161,554

1.7960 GBP

1p ordinary

Purchase

114,837

1.7980 GBP

1p ordinary

Purchase

101,156

1.7860 GBP

1p ordinary

Purchase

27,436

1.7979 GBP

1p ordinary

Purchase

19,033

1.7846 GBP

1p ordinary

Purchase

15,906

1.7910 GBP

1p ordinary

Purchase

12,032

1.7838 GBP

1p ordinary

Purchase

5,948

1.7916 GBP

1p ordinary

Purchase

5,489

1.7932 GBP

1p ordinary

Purchase

2,258

1.7861 GBP

1p ordinary

Purchase

1,741

1.7909 GBP

1p ordinary

Purchase

56

1.7900 GBP

1p ordinary

Sale

153,832

1.7980 GBP

1p ordinary

Sale

100,000

1.7877 GBP

1p ordinary

Sale

74,623

1.7978 GBP

1p ordinary

Sale

61,621

1.7965 GBP

1p ordinary

Sale

26,200

1.7902 GBP

1p ordinary

Sale

13,871

1.7917 GBP

1p ordinary

Sale

13,615

1.7943 GBP

1p ordinary

Sale

6,701

1.7801 GBP

1p ordinary

Sale

6,663

1.7979 GBP

1p ordinary

Sale

5,739

1.7959 GBP

1p ordinary

Sale

5,467

1.7909 GBP

1p ordinary

Sale

4,123

1.7995 GBP

1p ordinary

Sale

1,769

1.7962 GBP

1p ordinary

Sale

1,557

1.7872 GBP

1p ordinary

Sale

1,483

1.7888 GBP

1p ordinary

Sale

1,444

1.7912 GBP

1p ordinary

Sale

760

1.7820 GBP

1p ordinary

Sale

431

1.7880 GBP

1p ordinary

Sale

60

1.7971 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

5,800

1.7924 GBP

1p ordinary

SWAP

Decreasing Short

5,632

1.7799 GBP

1p ordinary

SWAP

Decreasing Short

1,069

1.7807 GBP

1p ordinary

SWAP

Decreasing Short

431

1.7880 GBP

1p ordinary

SWAP

Decreasing Short

1,483

1.7888 GBP

1p ordinary

SWAP

Decreasing Short

26,200

1.7902 GBP

1p ordinary

SWAP

Decreasing Short

4,801

1.7907 GBP

1p ordinary

SWAP

Decreasing Short

1,061

1.7909 GBP

1p ordinary

SWAP

Decreasing Short

1,444

1.7912 GBP

1p ordinary

SWAP

Decreasing Short

357

1.7918 GBP

1p ordinary

SWAP

Decreasing Short

8,517

1.7922 GBP

1p ordinary

SWAP

Decreasing Short

38

1.7939 GBP

1p ordinary

SWAP

Decreasing Short

13,615

1.7943 GBP

1p ordinary

SWAP

Decreasing Short

5,739

1.7960 GBP

1p ordinary

SWAP

Decreasing Short

1,769

1.7962 GBP

1p ordinary

SWAP

Decreasing Short

60

1.7972 GBP

1p ordinary

SWAP

Decreasing Short

74,623

1.7978 GBP

1p ordinary

SWAP

Decreasing Short

22,732

1.7979 GBP

1p ordinary

SWAP

Decreasing Short

505

1.7980 GBP

1p ordinary

SWAP

Decreasing Short

4,123

1.7995 GBP

1p ordinary

SWAP

Increasing Short

963

1.7820 GBP

1p ordinary

SWAP

Increasing Short

11,069

1.7840 GBP

1p ordinary

SWAP

Increasing Short

19,033

1.7846 GBP

1p ordinary

SWAP

Increasing Short

786

1.7860 GBP

1p ordinary

SWAP

Increasing Short

13,231

1.7867 GBP

1p ordinary

SWAP

Increasing Short

5,948

1.7916 GBP

1p ordinary

SWAP

Increasing Short

5,489

1.7932 GBP

1p ordinary

SWAP

Increasing Short

1,481

1.7954 GBP

1p ordinary

SWAP

Increasing Short

1,452

1.7977 GBP

1p ordinary

SWAP

Increasing Short

51,257

1.7980 GBP

1p ordinary

CFD

Increasing Long

1,399

1.7858 GBP

1p ordinary

CFD

Increasing Long

7,375

1.7949 GBP

1p ordinary

CFD

Decreasing Long

18,278

1.7979 GBP

1p ordinary

CFD

Decreasing Long

41,905

1.7980 GBP

1p ordinary

CFD

Decreasing Long

1,140

1.8031 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:

23 Oct 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213