Director/PDMR Shareholding

RNS Number : 5503V

TI Fluid Systems PLC

04 December 2019

 

TI Fluid Systems PLC

4 December 2019

TI Fluid Systems plc

("the Company")

Notification of transactions of Directors/ Persons Discharging Managerial Responsibilities ("PDMRs")

The Company was notified by Computershare Investor Services plc that ordinary shares have been sold. The following notifications, made pursuant to Article 19(3) of the EU Market Abuse Regulation, provide further details.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stefan Rau
2	Reason for the notification
a)	Position/status	Executive Vice President, FCS
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	TI Fluid Systems plc
b)	LEI	5493001T9RXVD6OAWY46
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of TI Fluid Systems plc of £0.01 each   GB00BYQB9V88
b)	Nature of the transaction	Sale of shares to TI Fluid Systems plc Employee Benefit Trust in order to effect the net settlement of previously granted restricted share awards that vested on 1 December 2019
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.2650 per share 13,504 Ordinary Shares
d)	Aggregated information   - Aggregated volume   - Price	N/A
e)	Date of the transaction	2 December 2019
f)	Place of the transaction	XLON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Hans Dieltjens
2	Reason for the notification
a)	Position/status	Executive Vice President, FTDS
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	TI Fluid Systems plc
b)	LEI	5493001T9RXVD6OAWY46
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of TI Fluid Systems plc of £0.01 each   GB00BYQB9V88
b)	Nature of the transaction	Sale of shares to TI Fluid Systems plc Employee Benefit Trust in order to effect the net settlement of previously granted restricted share awards that vested on 1 December 2019
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.2650 per share 145,525 Ordinary Shares
d)	Aggregated information   - Aggregated volume   - Price	N/A
e)	Date of the transaction	2 December 2019
f)	Place of the transaction	XLON

Enquiries:

TI Fluid Systems plc   [phone]
Matthew Paroly
Company Secretary

FTI Consulting             [phone]
Richard Mountain
Nick Hasell

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ENDS

 

END

 

 

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