Notification of Transaction of PDMRs

TI Fluid Systems PLC

22 May 2024

 

22 May 2024

TI Fluid Systems plc

("the Company")

Notification of transactions of Directors/

Persons Discharging Managerial Responsibilities ("PDMRs")

The Company announces that, effective 13 May 2024, it has granted ordinary shares to the Executive Directors under the TI Fluid Systems plc Annual and Deferred Bonus Plan (the "Plan").  These awards result from the use of the exchange rate on 12 April 2024, the date on which the Executive Directors received ordinary shares in connection with the 2023 annual bonus awards.

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

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 and Executive Director
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 additional ordinary shares under the TI Fluid Systems plc Annual and Deferred Bonus Plan in connection with 2023 annual bonus award.  The net shares below result from withholding on account of taxes and a holding period of two years will apply.
c)	Price(s) and volume(s)	Price(s) Volume(s) £1.4535 11,417 Ordinary Shares
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	13 May 2024
f)	Place of the transaction	XLON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Alexander De Bock
2	Reason for the notification
a)	Position/status	Chief Financial Officer and Executive Director
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 additional ordinary shares under the TI Fluid Systems plc Annual and Deferred Bonus Plan in connection with 2023 annual bonus award.  The net shares below result from withholding on account of taxes and a holding period of two years will apply
c)	Price(s) and volume(s)	Price(s) Volume(s) £1.4535 3,883 Ordinary Shares
d)	Aggregated information   - Aggregated volume   - Price	N/A
e)	Date of the transaction	13 May 2024
f)	Place of the transaction	XLON

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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