Director/PDMR Shareholding

TI Fluid Systems PLC

02 January 2025

 

2 January 2025

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 (the "Plan") for the time-based tranche of awards granted in 2022. The following notifications, made pursuant to Article 19(3) of the Market Abuse Regulation, provide further detail.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Julien Plenchette
2	Reason for the notification
a)	Position/status	President, Americas
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.
c)	Price(s) and volume(s)	Price(s) Volume(s) £1.932 44,025 Ordinary Shares
d)	Aggregated information   - Aggregated volume   - Price	N/A
e)	Date of the transaction	31 December 2024
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	President, EMEA
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.
c)	Price(s) and volume(s)	Price(s) Volume(s) £1.932 31,705 Ordinary Shares
d)	Aggregated information   - Aggregated volume   - Price	N/A
e)	Date of the transaction	31 December 2024
f)	Place of the transaction	XLON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Henri Tsang
2	Reason for the notification
a)	Position/status	President, Asia Pacific
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 payable in cash. The net cash amount below results from withholding on account of taxes.
c)	Price(s) and volume(s)	Price(s) Volume(s) Settled in cash at £1.932 per share 8,910 Ordinary Shares
d)	Aggregated information   - Aggregated volume   - Price	N/A
e)	Date of the transaction	31 December 2024
f)	Place of the transaction	Outside a trading venue

Enquiries:

TI Fluid Systems plc Kellie McAvoy Investor Relations Tel: [phone] Headland Consultancy Matt Denham/Chloe Francklin Tel: [phone]

About TI Fluid Systems plc

TI Fluid Systems is a global innovator of thermal and fluid system solutions for the full range of current and developing vehicle architectures. Serving all major automotive manufacturers, with more than 100 years of automotive supply experience; TI Fluid Systems operates across 27 countries with a commitment to improving efficiency, performance and sustainability worldwide. To find out more about TI Fluid Systems, visit www.tifluidsystems.com.

 

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