Form 8.3 - TI Fluid Systems plc Replacement

FORM 8.3 - Amendment to 2a and 3aReplaces form Released at 08/01/2025 14:35 RNS Number : 6293S

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:

07 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:

9,719,116

1.95%

2,599,797

0.52%

(2) Cash-settled derivatives:

2,338,024

0.47%

8,552,539

1.72%

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

0

0.00%

0

0.00%

TOTAL: 

12,057,140

2.42%

11,152,336

2.25%

(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

1,052,894

1.9386 GBP

1p ordinary

Purchase

750,000

1.9389 GBP

1p ordinary

Purchase

260,000

1.9381 GBP

1p ordinary

Purchase

250,000

1.9395 GBP

1p ordinary

Purchase

181,786

1.9385 GBP

1p ordinary

Purchase

32,921

1.9383 GBP

1p ordinary

Purchase

26,218

1.9380 GBP

1p ordinary

Purchase

5,533

1.9379 GBP

1p ordinary

Purchase

233

1.9365 GBP

1p ordinary

Sale

337,582

1.9379 GBP

1p ordinary

Sale

220,000

1.9360 GBP

1p ordinary

Sale

200,000

1.9366 GBP

1p ordinary

Sale

89,965

1.9380 GBP

1p ordinary

Sale

58,750

1.9372 GBP

1p ordinary

Sale

17,999

1.9381 GBP

1p ordinary

Sale

12,550

1.9384 GBP

1p ordinary

Sale

7,286

1.9386 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

18,028

1.9383 GBP

1p ordinary

SWAP

Decreasing Short

220,000

1.9360 GBP

1p ordinary

SWAP

Decreasing Short

200,000

1.9366 GBP

1p ordinary

SWAP

Decreasing Short

58,750

1.9372 GBP

1p ordinary

SWAP

Decreasing Short

4,316

1.9378 GBP

1p ordinary

SWAP

Decreasing Short

337,582

1.9379 GBP

1p ordinary

SWAP

Decreasing Short

66,426

1.9380 GBP

1p ordinary

SWAP

Decreasing Short

10,392

1.9381 GBP

1p ordinary

SWAP

Decreasing Short

13,795

1.9384 GBP

1p ordinary

SWAP

Increasing Short

190

1.9363 GBP

1p ordinary

SWAP

Increasing Short

43

1.9374 GBP

1p ordinary

SWAP

Increasing Short

10,495

1.9380 GBP

1p ordinary

SWAP

Increasing Short

260,000

1.9381 GBP

1p ordinary

SWAP

Increasing Short

181,786

1.9385 GBP

1p ordinary

SWAP

Increasing Short

2,894

1.9386 GBP

1p ordinary

SWAP

Increasing Short

750,000

1.9389 GBP

1p ordinary

SWAP

Increasing Short

250,000

1.9394 GBP

1p ordinary

CFD

Increasing Short

12,119

1.9390 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:

16 Jan 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213