Director/PDMR Shareholding

RNS Number : 9268H

TI Fluid Systems PLC

27 March 2020

 

27 March 2020

TI Fluid Systems plc

(the "Company")

Notification of transactions of Directors/ Persons Discharging Managerial Responsibilities

The following notifications are made in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	William L. Kozyra
2	Reason for the notification
a)	Position/status	Chief Executive Officer and President
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	Grant of ordinary shares under the Annual and Deferred Bonus Plan in connection with 2019 annual bonus award
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 184,228 Ordinary Shares
d)	Aggregated information  - Aggregated volume  - Price	N/A
e)	Date of the transaction	27 March 2020
f)	Place of the transaction	London Stock Exchange, XLON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ronald Hundzinski
2	Reason for the notification
a)	Position/status	Chief Financial Officer
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	Grant of ordinary shares under the Annual and Deferred Bonus Plan as a buy-out award in line with the Remuneration Policy to compensate for forfeited incentives awarded by a former employer
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 203,962 Ordinary Shares
d)	Aggregated information  - Aggregated volume  - Price	N/A
e)	Date of the transaction	27 March 2020
f)	Place of the transaction	London Stock Exchange, XLON

Enquiries:

TI Fluid Systems plc  [phone]
Matthew Paroly
Company Secretary

FTI Consulting  [phone]
Richard Mountain
Nick Hasell

 

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