Director/PDMR Shareholding

RNS Number : 9515A

TI Fluid Systems PLC

08 February 2022

 

8 February 2022

TI Fluid Systems plc

("the Company")

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

The Company advises that a vesting of ordinary shares has been made 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 . The following notification, made pursuant to Article 19(3) of the EU Market Abuse Regulation, provides further detail.

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	Vesting of ordinary shares under the Annual and Deferred Bonus Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.40 46,202 Ordinary Shares
d)	Aggregated information    - Aggregated volume  - Price	N/A
e)	Date of the transaction	7 February 2022 (Vesting date 5 February 2022)
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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