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:

17 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:

9,660,832

1.94%

3,982,866

0.80%

(2)

Cash-settled derivatives:

and/or controlled:

3,677,439

0.74%

9,039,520

1.81%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

13,338,271

2.68%

13,022,386

2.61%

(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

100,000

1.6801 GBP

1p ordinary

Purchase

77,578

1.6665 GBP

1p ordinary

Purchase

66,526

1.6800 GBP

1p ordinary

Purchase

55,863

1.6655 GBP

1p ordinary

Purchase

39,489

1.6745 GBP

1p ordinary

Purchase

30,295

1.6658 GBP

1p ordinary

Purchase

4,814

1.6669 GBP

1p ordinary

Purchase

4,804

1.6674 GBP

1p ordinary

Purchase

3,623

1.6762 GBP

1p ordinary

Purchase

3,616

1.6661 GBP

1p ordinary

Purchase

3,365

1.6643 GBP

1p ordinary

Purchase

3,165

1.6659 GBP

1p ordinary

Purchase

2,665

1.6660 GBP

1p ordinary

Purchase

1,870

1.6653 GBP

1p ordinary

Purchase

1,191

1.6758 GBP

1p ordinary

Purchase

1,169

1.6620 GBP

1p ordinary

Purchase

811

1.6680 GBP

1p ordinary

Purchase

475

1.6640 GBP

1p ordinary

Purchase

69

1.6654 GBP

1p ordinary

Purchase

48

1.6802 GBP

1p ordinary

Sale

156,751

1.6799 GBP

1p ordinary

Sale

96,031

1.6801 GBP

1p ordinary

Sale

80,597

1.6800 GBP

1p ordinary

Sale

30,046

1.6763 GBP

1p ordinary

Sale

23,992

1.6745 GBP

1p ordinary

Sale

17,804

1.6672 GBP

1p ordinary

Sale

11,794

1.6661 GBP

1p ordinary

Sale

2,111

1.6644 GBP

1p ordinary

Sale

1,266

1.6759 GBP

1p ordinary

Sale

1,254

1.6640 GBP

1p ordinary

Sale

143

1.6580 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

4,804

1.6676 GBP

1p ordinary

SWAP

Decreasing Short

291

1.6634 GBP

1p ordinary

SWAP

Decreasing Short

7,868

1.6646 GBP

1p ordinary

SWAP

Decreasing Short

11,794

1.6661 GBP

1p ordinary

SWAP

Decreasing Short

17,804

1.6672 GBP

1p ordinary

SWAP

Decreasing Short

629

1.6676 GBP

1p ordinary

SWAP

Decreasing Short

999

1.6711 GBP

1p ordinary

SWAP

Decreasing Short

1,266

1.6759 GBP

1p ordinary

SWAP

Decreasing Short

15,508

1.6799 GBP

1p ordinary

SWAP

Decreasing Short

71,413

1.6800 GBP

1p ordinary

SWAP

Increasing Short

201

1.6615 GBP

1p ordinary

SWAP

Increasing Short

600

1.6621 GBP

1p ordinary

SWAP

Increasing Short

42,145

1.6644 GBP

1p ordinary

SWAP

Increasing Short

3,614

1.6650 GBP

1p ordinary

SWAP

Increasing Short

43,643

1.6654 GBP

1p ordinary

SWAP

Increasing Short

30,295

1.6658 GBP

1p ordinary

SWAP

Increasing Short

20,000

1.6661 GBP

1p ordinary

SWAP

Increasing Short

6,852

1.6663 GBP

1p ordinary

SWAP

Increasing Short

15,241

1.6701 GBP

1p ordinary

SWAP

Increasing Short

1,191

1.6758 GBP

1p ordinary

SWAP

Increasing Short

23,168

1.6800 GBP

1p ordinary

CFD

Increasing Long

84,419

1.6798 GBP

1p ordinary

CFD

Increasing Long

76,244

1.6800 GBP

1p ordinary

CFD

Decreasing Long

18,104

1.6652 GBP

1p ordinary

CFD

Decreasing Long

6,583

1.6715 GBP

1p ordinary

CFD

Decreasing Long

48

1.6802 GBP

1p ordinary

CFD

Decreasing Long

3,243

1.6861 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:

18 Sep 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213