Form 8.3 - TI FLUID SYSTEMS PLC

Barclays PLC

26 September 2024

 

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:				25 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:			9,807,337	1.97%	2,663,621	0.53%
(2)	Cash-settled derivatives:
	and/or controlled:			2,383,139	0.48%	9,089,874	1.82%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			12,190,476	2.45%	11,753,495	2.36%
(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		894,142		1.6520  GBP
1p ordinary		Purchase		46,757		1.6623  GBP
1p ordinary		Purchase		20,830		1.6563  GBP
1p ordinary		Purchase		4,197		1.6566  GBP
1p ordinary		Purchase		3,810		1.6569  GBP
1p ordinary		Purchase		3,692		1.6590  GBP
1p ordinary		Purchase		3,514		1.6560  GBP
1p ordinary		Purchase		3,149		1.6579  GBP
1p ordinary		Purchase		2,165		1.6640  GBP
1p ordinary		Purchase		2,160		1.6589  GBP
1p ordinary		Purchase		1,771		1.6573  GBP
1p ordinary		Purchase		1,550		1.6580  GBP
1p ordinary		Purchase		964		1.6564  GBP
1p ordinary		Purchase		718		1.6500  GBP
1p ordinary		Purchase		506		1.6554  GBP
1p ordinary		Purchase		498		1.6599  GBP
1p ordinary		Purchase		275		1.6633  GBP
1p ordinary		Purchase		129		1.6519  GBP
1p ordinary		Sale		866,893		1.6520  GBP
1p ordinary		Sale		46,757		1.6640  GBP
1p ordinary		Sale		44,129		1.6539  GBP
1p ordinary		Sale		24,994		1.6553  GBP
1p ordinary		Sale		8,975		1.6519  GBP
1p ordinary		Sale		8,379		1.6582  GBP
1p ordinary		Sale		6,845		1.6562  GBP
1p ordinary		Sale		5,382		1.6542  GBP
1p ordinary		Sale		5,197		1.6521  GBP
1p ordinary		Sale		3,705		1.6574  GBP
1p ordinary		Sale		3,609		1.6543  GBP
1p ordinary		Sale		2,160		1.6591  GBP
1p ordinary		Sale		1,941		1.6557  GBP
1p ordinary		Sale		1,541		1.6619  GBP
1p ordinary		Sale		778		1.6580  GBP
1p ordinary		Sale		392		1.6560  GBP
1p ordinary		Sale		366		1.6599  GBP
1p ordinary		Sale		200		1.6570  GBP
1p ordinary		Sale		133		1.6540  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		6,966	1.6549  GBP
1p ordinary		SWAP		Decreasing Short		19,003	1.6519  GBP
1p ordinary		SWAP		Decreasing Short		19,258	1.6520  GBP
1p ordinary		SWAP		Decreasing Short		5,246	1.6521  GBP
1p ordinary		SWAP		Decreasing Short		3,630	1.6537  GBP
1p ordinary		SWAP		Decreasing Short		830	1.6539  GBP
1p ordinary		SWAP		Decreasing Short		5,382	1.6542  GBP
1p ordinary		SWAP		Decreasing Short		3,609	1.6543  GBP
1p ordinary		SWAP		Decreasing Short		4,285	1.6559  GBP
1p ordinary		SWAP		Decreasing Short		778	1.6578  GBP
1p ordinary		SWAP		Decreasing Short		273	1.6581  GBP
1p ordinary		SWAP		Decreasing Short		7,500	1.6587  GBP
1p ordinary		SWAP		Decreasing Short		696	1.6589  GBP
1p ordinary		SWAP		Decreasing Short		366	1.6599  GBP
1p ordinary		SWAP		Increasing Short		1,183	1.6520  GBP
1p ordinary		SWAP		Increasing Short		2,683	1.6583  GBP
1p ordinary		SWAP		Increasing Short		3,692	1.6590  GBP
1p ordinary		SWAP		Increasing Short		300	1.6606  GBP
1p ordinary		CFD		Opening Long		1,126,970	1.6520  GBP
1p ordinary		CFD		Decreasing Long		976,785	1.6520  GBP
1p ordinary		CFD		Decreasing Long		9,277	1.6533  GBP
1p ordinary		CFD		Decreasing Long		770	1.6636  GBP
NB: The below transactions which were previously disclosed have been cancelled
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
1p ordinary		CFD		Short		150,185	TRANSFER
(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:				26 Sep 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END