Director/PDMR Shareholding

RNS Number : 9833F

TI Fluid Systems PLC

25 March 2022

 

25 March 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 Company's Long Term Incentive Plan for performance measured awards granted in 2019 . The following notifications, 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	Hans Dieltjens
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	Vesting of ordinary shares under the Company's Long Term Incentive Plan.  The net shares below result from withholding on account of taxes and lapsing due to the application of performance criteria
c)	Price(s) and volume(s)	Price(s) Volume(s) £1.83 26,582 Ordinary Shares
d)	Aggregated information  - Aggregated volume  - Price	N/A
e)	Date of the transaction	24 March 2022
f)	Place of the transaction	XLON

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	Vesting of ordinary shares under the Company's Long Term Incentive Plan.  The net shares below result from withholding on account of taxes and lapsing due to the application of performance criteria
c)	Price(s) and volume(s)	Price(s) Volume(s) £1.83 17,604 Ordinary Shares
d)	Aggregated information  - Aggregated volume  - Price	N/A
e)	Date of the transaction	24 March 2022
f)	Place of the transaction	XLON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Steve Vercauteren
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	Vesting of ordinary shares under the Company's Long Term Incentive Plan.  The net shares below result from withholding on account of taxes and lapsing due to the application of performance criteria
c)	Price(s) and volume(s)	Price(s) Volume(s) £1.83 4,673 Ordinary Shares
d)	Aggregated information  - Aggregated volume  - Price	N/A
e)	Date of the transaction	24 March 2022
f)	Place of the transaction	XLON

Enquiries:

TI Fluid Systems plc  [phone]
Matthew Paroly
Company Secretary

FTI Consulting  [phone]
Richard Mountain
Nick Hasell

 

END

 

 

DSHBCGDXBUDDGDS