Form 8.3 - TI Fluid Systems plc

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:

19 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:

7,502,854

1.51%

3,085,768

0.62%

(2)

Cash-settled derivatives:

and/or controlled:

2,664,490

0.54%

5,178,962

1.04%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

10,167,344

2.05%

8,264,730

1.67%

(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

95,666

1.8003 GBP

1p ordinary

Purchase

78,448

1.8000 GBP

1p ordinary

Purchase

36,188

1.8008 GBP

1p ordinary

Purchase

13,022

1.7994 GBP

1p ordinary

Purchase

9,594

1.8006 GBP

1p ordinary

Purchase

3,345

1.7958 GBP

1p ordinary

Purchase

2,191

1.8080 GBP

1p ordinary

Purchase

2,139

1.8040 GBP

1p ordinary

Purchase

1,700

1.7913 GBP

1p ordinary

Purchase

1,418

1.8079 GBP

1p ordinary

Purchase

997

1.8178 GBP

1p ordinary

Purchase

818

1.8100 GBP

1p ordinary

Purchase

190

1.8042 GBP

1p ordinary

Purchase

122

1.8013 GBP

1p ordinary

Sale

121,476

1.8000 GBP

1p ordinary

Sale

107,371

1.7998 GBP

1p ordinary

Sale

71,442

1.7994 GBP

1p ordinary

Sale

27,816

1.8003 GBP

1p ordinary

Sale

27,649

1.8002 GBP

1p ordinary

Sale

17,904

1.8053 GBP

1p ordinary

Sale

16,332

1.8007 GBP

1p ordinary

Sale

10,093

1.7999 GBP

1p ordinary

Sale

9,995

1.8026 GBP

1p ordinary

Sale

6,866

1.8034 GBP

1p ordinary

Sale

5,509

1.8082 GBP

1p ordinary

Sale

4,531

1.8012 GBP

1p ordinary

Sale

3,636

1.8060 GBP

1p ordinary

Sale

3,539

1.8080 GBP

1p ordinary

Sale

2,779

1.8039 GBP

1p ordinary

Sale

1,990

1.8064 GBP

1p ordinary

Sale

577

1.7985 GBP

1p ordinary

Sale

360

1.8052 GBP

1p ordinary

Sale

359

1.7961 GBP

1p ordinary

Sale

190

1.8067 GBP

1p ordinary

Sale

109

1.8040 GBP

1p ordinary

Sale

87

1.7840 GBP

1p ordinary

Sale

27

1.8097 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

46,844

1.7995 GBP

1p ordinary

SWAP

Decreasing Short

107,371

1.7998 GBP

1p ordinary

SWAP

Decreasing Short

8,726

1.7999 GBP

1p ordinary

SWAP

Decreasing Short

47,706

1.8000 GBP

1p ordinary

SWAP

Decreasing Short

27,816

1.8002 GBP

1p ordinary

SWAP

Decreasing Short

16,332

1.8007 GBP

1p ordinary

SWAP

Decreasing Short

18,216

1.8009 GBP

1p ordinary

SWAP

Decreasing Short

9,995

1.8026 GBP

1p ordinary

SWAP

Decreasing Short

6,866

1.8034 GBP

1p ordinary

SWAP

Decreasing Short

2,779

1.8039 GBP

1p ordinary

SWAP

Decreasing Short

17,904

1.8053 GBP

1p ordinary

SWAP

Decreasing Short

3,636

1.8060 GBP

1p ordinary

SWAP

Decreasing Short

1,990

1.8064 GBP

1p ordinary

SWAP

Decreasing Short

3,408

1.8080 GBP

1p ordinary

SWAP

Increasing Short

3,345

1.7958 GBP

1p ordinary

SWAP

Increasing Short

97,025

1.8000 GBP

1p ordinary

SWAP

Increasing Short

122

1.8013 GBP

1p ordinary

SWAP

Increasing Short

4,432

1.8030 GBP

1p ordinary

SWAP

Increasing Short

2,139

1.8040 GBP

1p ordinary

SWAP

Increasing Short

1,448

1.8080 GBP

1p ordinary

SWAP

Increasing Short

482

1.8200 GBP

1p ordinary

CFD

Increasing Long

7,149

1.7950 GBP

1p ordinary

CFD

Increasing Long

9,280

1.8008 GBP

1p ordinary

CFD

Increasing Long

27

1.8096 GBP

1p ordinary

CFD

Increasing Long

1,894

1.8133 GBP

1p ordinary

CFD

Decreasing Long

55,963

1.8000 GBP

1p ordinary

CFD

Decreasing Long

190

1.8043 GBP

1p ordinary

CFD

Decreasing Long

3,788

1.8133 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:

20 Nov 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213