Form 8.3 - TI FLUID SYSTEMS PLC

Barclays PLC

20 December 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:				19 Dec 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:			8,036,331	1.62%	2,245,756	0.45%
(2)	Cash-settled derivatives:
	and/or controlled:			1,620,466	0.33%	7,485,997	1.51%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			9,656,797	1.95%	9,731,753	1.96%
(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		750,172		1.9320  GBP
1p ordinary		Purchase		296,594		1.9284  GBP
1p ordinary		Purchase		70,537		1.9318  GBP
1p ordinary		Purchase		53,674		1.9300  GBP
1p ordinary		Purchase		48,530		1.9283  GBP
1p ordinary		Purchase		36,720		1.9298  GBP
1p ordinary		Purchase		35,458		1.9316  GBP
1p ordinary		Purchase		34,865		1.9303  GBP
1p ordinary		Purchase		17,464		1.9290  GBP
1p ordinary		Purchase		1		1.9280  GBP
1p ordinary		Sale		354,572		1.9320  GBP
1p ordinary		Sale		48,724		1.9294  GBP
1p ordinary		Sale		13,972		1.9279  GBP
1p ordinary		Sale		11,351		1.9290  GBP
1p ordinary		Sale		8,600		1.9298  GBP
1p ordinary		Sale		8,377		1.9307  GBP
1p ordinary		Sale		7,951		1.9300  GBP
1p ordinary		Sale		6,429		1.9313  GBP
1p ordinary		Sale		952		1.9306  GBP
1p ordinary		Sale		1		1.9280  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 Short		13,972	1.9279  GBP
1p ordinary		SWAP		Decreasing Short		11,351	1.9290  GBP
1p ordinary		SWAP		Decreasing Short		320	1.9293  GBP
1p ordinary		SWAP		Decreasing Short		48,724	1.9294  GBP
1p ordinary		SWAP		Decreasing Short		2,500	1.9299  GBP
1p ordinary		SWAP		Decreasing Short		2,897	1.9300  GBP
1p ordinary		SWAP		Decreasing Short		952	1.9306  GBP
1p ordinary		SWAP		Decreasing Short		6,429	1.9313  GBP
1p ordinary		SWAP		Decreasing Short		48	1.9318  GBP
1p ordinary		SWAP		Decreasing Short		2,980	1.9320  GBP
1p ordinary		SWAP		Increasing Short		14,864	1.9290  GBP
1p ordinary		SWAP		Increasing Short		29,120	1.9298  GBP
1p ordinary		SWAP		Increasing Short		43,784	1.9300  GBP
1p ordinary		SWAP		Increasing Short		34,865	1.9303  GBP
1p ordinary		SWAP		Increasing Short		836,967	1.9320  GBP
1p ordinary		CFD		Increasing Short		345,124	1.9283  GBP
1p ordinary		CFD		Increasing Short		15,381	1.9301  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:				20 Dec 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END