Form 8.3 - TI Fluid Systems plc

Barclays PLC

11 November 2024

 

FORM 8.3
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR
MORE
Rule 8.3 of the Takeover Code (the "Code")
1.				KEY INFORMATION
(a)	Full name of discloser:				Barclays PLC.
(b)	Owner or controller of interest and short
	positions disclosed, if different from 1(a):
(c)	Name of offeror/offeree in relation to whose				TI FLUID SYSTEMS PLC
	relevant securities this form relates:
(d)	If an exempt fund manager connected with an
	offeror/offeree, state this and specify identity of
	offeror/offeree:
(e)	Date position held/dealing undertaken:				08 Nov 2024
(f)	In addition to the company in 1(c) above, is the discloser making				NO
	disclosures in respect of any other party to the offer?
2.				POSITIONS OF THE PERSON MAKING THE DISCLOSURE
(a)	Interests and short positions in the relevant securities of the offeror or offeree
	to which the disclosure relates following the dealing(if any)
Class of relevant security:				1p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:			10,171,840	2.05%	2,958,488	0.60%
(2)	Cash-settled derivatives:
	and/or controlled:			2,590,147	0.52%	7,588,544	1.53%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			12,761,987	2.57%	10,547,032	2.13%
(b)	Rights to subscribe for new securities (including directors and other executive
	options)
Class of relevant security in relation to
which subscription right exists
Details, including nature of the rights
concerned and relevant percentages:
3.				DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER
(a)	Purchases and sales
Class of relevant		Purchase/sale		Number of		Price per unit
security				securities
1p ordinary		Purchase		95,225		1.7073  GBP
1p ordinary		Purchase		73,246		1.6940  GBP
1p ordinary		Purchase		70,000		1.6947  GBP
1p ordinary		Purchase		18,265		1.7248  GBP
1p ordinary		Purchase		16,501		1.7011  GBP
1p ordinary		Purchase		9,395		1.6982  GBP
1p ordinary		Purchase		3,590		1.7133  GBP
1p ordinary		Purchase		3,389		1.7280  GBP
1p ordinary		Purchase		1,708		1.7210  GBP
1p ordinary		Purchase		1,674		1.7406  GBP
1p ordinary		Purchase		1,533		1.7188  GBP
1p ordinary		Purchase		1,518		1.7111  GBP
1p ordinary		Purchase		1,258		1.7303  GBP
1p ordinary		Purchase		1,093		1.7396  GBP
1p ordinary		Purchase		1,067		1.7237  GBP
1p ordinary		Purchase		851		1.7273  GBP
1p ordinary		Purchase		561		1.7066  GBP
1p ordinary		Purchase		425		1.7275  GBP
1p ordinary		Purchase		330		1.7134  GBP
1p ordinary		Purchase		221		1.7041  GBP
1p ordinary		Purchase		109		1.7067  GBP
1p ordinary		Purchase		81		1.7031  GBP
1p ordinary		Purchase		60		1.7045  GBP
1p ordinary		Purchase		26		1.7096  GBP
1p ordinary		Sale		91,583		1.7011  GBP
1p ordinary		Sale		89,220		1.7105  GBP
1p ordinary		Sale		74,619		1.7391  GBP
1p ordinary		Sale		57,893		1.6943  GBP
1p ordinary		Sale		52,234		1.7345  GBP
1p ordinary		Sale		45,182		1.7210  GBP
1p ordinary		Sale		43,266		1.7195  GBP
1p ordinary		Sale		22,387		1.7341  GBP
1p ordinary		Sale		16,843		1.6940  GBP
1p ordinary		Sale		16,501		1.7010  GBP
1p ordinary		Sale		11,916		1.6975  GBP
1p ordinary		Sale		8,261		1.6939  GBP
1p ordinary		Sale		7,263		1.7214  GBP
1p ordinary		Sale		4,961		1.7258  GBP
1p ordinary		Sale		4,364		1.7099  GBP
1p ordinary		Sale		3,389		1.7280  GBP
1p ordinary		Sale		2,457		1.7281  GBP
1p ordinary		Sale		2,210		1.7098  GBP
1p ordinary		Sale		2,026		1.7179  GBP
1p ordinary		Sale		1,278		1.7021  GBP
1p ordinary		Sale		1,036		1.7057  GBP
1p ordinary		Sale		500		1.7228  GBP
1p ordinary		Sale		249		1.7200  GBP
1p ordinary		Sale		170		1.7137  GBP
1p ordinary		Sale		121		1.7141  GBP
1p ordinary		Sale		26		1.7096  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
1p ordinary		SWAP		Decreasing Short		12,820	1.6939  GBP
1p ordinary		SWAP		Decreasing Short		13,748	1.6940  GBP
1p ordinary		SWAP		Decreasing Short		57,893	1.6943  GBP
1p ordinary		SWAP		Decreasing Short		83,164	1.7004  GBP
1p ordinary		SWAP		Decreasing Short		1,135	1.7007  GBP
1p ordinary		SWAP		Decreasing Short		1,036	1.7057  GBP
1p ordinary		SWAP		Decreasing Short		26	1.7097  GBP
1p ordinary		SWAP		Decreasing Short		2,210	1.7098  GBP
1p ordinary		SWAP		Decreasing Short		4,364	1.7099  GBP
1p ordinary		SWAP		Decreasing Short		3,208	1.7100  GBP
1p ordinary		SWAP		Decreasing Short		4,040	1.7105  GBP
1p ordinary		SWAP		Decreasing Short		7,480	1.7163  GBP
1p ordinary		SWAP		Decreasing Short		36,790	1.7195  GBP
1p ordinary		SWAP		Decreasing Short		249	1.7200  GBP
1p ordinary		SWAP		Decreasing Short		45,182	1.7210  GBP
1p ordinary		SWAP		Decreasing Short		7,263	1.7214  GBP
1p ordinary		SWAP		Decreasing Short		3,389	1.7279  GBP
1p ordinary		SWAP		Decreasing Short		22,387	1.7341  GBP
1p ordinary		SWAP		Decreasing Short		52,234	1.7345  GBP
1p ordinary		SWAP		Decreasing Short		74,619	1.7391  GBP
1p ordinary		SWAP		Increasing Short		119,658	1.6940  GBP
1p ordinary		SWAP		Increasing Short		70,000	1.6947  GBP
1p ordinary		SWAP		Increasing Short		18,147	1.7024  GBP
1p ordinary		SWAP		Increasing Short		221	1.7041  GBP
1p ordinary		SWAP		Increasing Short		561	1.7066  GBP
1p ordinary		SWAP		Increasing Short		26	1.7098  GBP
1p ordinary		SWAP		Increasing Short		1,518	1.7111  GBP
1p ordinary		SWAP		Increasing Short		3,590	1.7133  GBP
1p ordinary		SWAP		Increasing Short		3,608	1.7140  GBP
1p ordinary		SWAP		Increasing Short		18,265	1.7248  GBP
1p ordinary		SWAP		Increasing Short		851	1.7273  GBP
1p ordinary		SWAP		Increasing Short		425	1.7275  GBP
1p ordinary		SWAP		Increasing Short		932	1.7281  GBP
1p ordinary		SWAP		Increasing Short		1,258	1.7303  GBP
1p ordinary		SWAP		Increasing Short		1,093	1.7396  GBP
1p ordinary		SWAP		Increasing Short		1,674	1.7406  GBP
1p ordinary		SWAP		Increasing Short		21,484	1.7421  GBP
1p ordinary		CFD		Increasing Long		10,664	1.7109  GBP
1p ordinary		CFD		Decreasing Long		16,501	1.7010  GBP
1p ordinary		CFD		Decreasing Long		180	1.7021  GBP
(c)	Stock-settled derivative transactions (including options)
(i)	Writing, selling, purchasing or varying
Class	Product	Writing,	Number	Exercise	Type	Expiry	Option
of	description	purchasing,	of	price		date	money
relevant		selling,	securities	per unit			paid/
security		varying etc	to which				received
			option				per unit
			relates
(ii)	Exercising
Class of relevant		Product description		Exercising/ exercised against		Number of	Exercise price per
security						securities	unit
(d)	Other dealings (including subscribing for new securities)
Class of relevant		Nature of Dealings		Details		Price per unit (if
security						applicable)
4.				OTHER INFORMATION
(a)	Indemnity and other dealings arrangements
Details of any indemnity or option arrangement, or any agreement or understanding,
formal or informal, relating to relevant securities which may be an inducement to deal
or refrain from dealing entered into by the exempt principal trader making the disclosure and any party
to the offer or any person acting in concert with a party to the offer:
NONE
(b)	Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between
the person making the disclosure and any other person relating to:
(i)  the voting rights of any relevant securities under any option; or
(ii) the voting rights of future acquisition or disposal of any relevant securities to which
any derivative is referenced:
NONE
(c)	Attachments
Is a Supplemental Form 8 (Open Positions) attached?				NO
Date of disclosure:				11 Nov 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END