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:

23 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:

9,772,740

1.96%

2,580,638

0.52%

(2)

Cash-settled derivatives:

and/or controlled:

2,446,842

0.49%

9,208,557

1.85%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

12,219,582

2.45%

11,789,195

2.37%

(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

955,482

1.6500 GBP

1p ordinary

Purchase

43,346

1.6492 GBP

1p ordinary

Purchase

20,517

1.6561 GBP

1p ordinary

Purchase

20,248

1.6563 GBP

1p ordinary

Purchase

14,728

1.6527 GBP

1p ordinary

Purchase

5,564

1.6587 GBP

1p ordinary

Purchase

4,575

1.6522 GBP

1p ordinary

Purchase

4,196

1.6611 GBP

1p ordinary

Purchase

3,691

1.6582 GBP

1p ordinary

Purchase

2,358

1.6499 GBP

1p ordinary

Purchase

1,706

1.6620 GBP

1p ordinary

Purchase

1,620

1.6540 GBP

1p ordinary

Purchase

1,495

1.6560 GBP

1p ordinary

Purchase

1,067

1.6644 GBP

1p ordinary

Purchase

462

1.6539 GBP

1p ordinary

Purchase

88

1.6660 GBP

1p ordinary

Sale

35,429

1.6511 GBP

1p ordinary

Sale

26,783

1.6565 GBP

1p ordinary

Sale

19,102

1.6500 GBP

1p ordinary

Sale

13,382

1.6536 GBP

1p ordinary

Sale

11,779

1.6562 GBP

1p ordinary

Sale

471

1.6580 GBP

1p ordinary

Sale

462

1.6540 GBP

1p ordinary

Sale

180

1.6499 GBP

1p ordinary

Sale

163

1.6560 GBP

1p ordinary

Sale

101

1.6660 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

6,409

1.6546 GBP

1p ordinary

SWAP

Decreasing Long

78

1.6547 GBP

1p ordinary

SWAP

Decreasing Short

4,927

1.6499 GBP

1p ordinary

SWAP

Decreasing Short

8,835

1.6546 GBP

1p ordinary

SWAP

Decreasing Short

4,108

1.6555 GBP

1p ordinary

SWAP

Decreasing Short

3,714

1.6563 GBP

1p ordinary

SWAP

Decreasing Short

26,783

1.6565 GBP

1p ordinary

SWAP

Decreasing Short

473

1.6580 GBP

1p ordinary

SWAP

Decreasing Short

1,144

1.6583 GBP

1p ordinary

SWAP

Decreasing Short

1,400

1.6614 GBP

1p ordinary

SWAP

Decreasing Short

257

1.6659 GBP

1p ordinary

SWAP

Increasing Short

113,947

1.6500 GBP

1p ordinary

SWAP

Increasing Short

2,611

1.6518 GBP

1p ordinary

SWAP

Increasing Short

4,575

1.6522 GBP

1p ordinary

SWAP

Increasing Short

4,709

1.6537 GBP

1p ordinary

SWAP

Increasing Short

2,585

1.6543 GBP

1p ordinary

SWAP

Increasing Short

7,388

1.6562 GBP

1p ordinary

SWAP

Increasing Short

837

1.6573 GBP

1p ordinary

SWAP

Increasing Short

12,117

1.6576 GBP

1p ordinary

SWAP

Increasing Short

5,564

1.6587 GBP

1p ordinary

SWAP

Increasing Short

10,006

1.6588 GBP

1p ordinary

SWAP

Increasing Short

4,196

1.6611 GBP

1p ordinary

SWAP

Increasing Short

291

1.6631 GBP

1p ordinary

SWAP

Increasing Short

1,067

1.6644 GBP

1p ordinary

CFD

Increasing Long

12

1.6500 GBP

1p ordinary

CFD

Opening Short

835,295

1.6500 GBP

1p ordinary

CFD

Increasing Short

9,165

1.6548 GBP

1p ordinary

CFD

Increasing Short

1,056

1.6631 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:

24 Sep 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213