| 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 |
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| positions disclosed, if different from 1(a): | ||||||
| (c) | Name of offeror/offeree in relation to whose | TI FLUID SYSTEMS PLC | |||||
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| relevant securities this form relates: | ||||||
| (d) | If an exempt fund manager connected with an |
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| offeror/offeree, state this and specify identity of | ||||||
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| offeror/offeree: | ||||||
| (e) | Date position held/dealing undertaken: | 12 Nov 2024 | |||||
| (f) | In addition to the company in 1(c) above, is the discloser making | NO |
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| disclosures in respect of any other party to the offer? |
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| 2. | POSITIONS OF THE PERSON MAKING THE DISCLOSURE | ||||||
| (a) | Interests and short positions in the relevant securities of the offeror or offeree |
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| to which the disclosure relates following the dealing(if any) |
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| Class of relevant security: | 1p ordinary | ||||||
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| Interests | Short Positions | |||||
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| Number | (%) | Number | (%) | |||
| (1) | Relevant securities owned |
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| and/or controlled: |
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| 10,069,761 | 2.03% | 2,908,641 | 0.59% |
| (2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 2,537,697 | 0.51% | 7,611,251 | 1.53% |
| (3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 0 | 0.00% |
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| TOTAL: |
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| 12,607,458 | 2.54% | 10,519,892 | 2.12% |
| (b) | Rights to subscribe for new securities (including directors and other executive |
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| options) |
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| Class of relevant security in relation to |
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| which subscription right exists |
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| Details, including nature of the rights |
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| concerned and relevant percentages: |
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| 3. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
| (a) | Purchases and sales |
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| Class of relevant | Purchase/sale | Number of | Price per unit | ||||
| security |
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| 1p ordinary | Purchase | 182,409 | 1.6500 GBP | ||||
| 1p ordinary | Purchase | 12,846 | 1.6663 GBP | ||||
| 1p ordinary | Purchase | 11,431 | 1.6632 GBP | ||||
| 1p ordinary | Purchase | 5,362 | 1.6727 GBP | ||||
| 1p ordinary | Purchase | 3,551 | 1.6613 GBP | ||||
| 1p ordinary | Purchase | 2,752 | 1.6591 GBP | ||||
| 1p ordinary | Purchase | 2,003 | 1.6609 GBP | ||||
| 1p ordinary | Purchase | 2,001 | 1.6726 GBP | ||||
| 1p ordinary | Purchase | 1,746 | 1.6780 GBP | ||||
| 1p ordinary | Purchase | 1,590 | 1.6587 GBP | ||||
| 1p ordinary | Purchase | 702 | 1.6800 GBP | ||||
| 1p ordinary | Purchase | 606 | 1.6561 GBP | ||||
| 1p ordinary | Purchase | 269 | 1.6699 GBP | ||||
| 1p ordinary | Purchase | 100 | 1.6499 GBP | ||||
| 1p ordinary | Purchase | 12 | 1.6550 GBP | ||||
| 1p ordinary | Purchase | 11 | 1.6520 GBP | ||||
| 1p ordinary | Purchase | 2 | 1.6640 GBP | ||||
| 1p ordinary | Sale | 117,230 | 1.6644 GBP | ||||
| 1p ordinary | Sale | 39,924 | 1.6554 GBP | ||||
| 1p ordinary | Sale | 17,406 | 1.6556 GBP | ||||
| 1p ordinary | Sale | 11,528 | 1.6618 GBP | ||||
| 1p ordinary | Sale | 10,214 | 1.6500 GBP | ||||
| 1p ordinary | Sale | 8,082 | 1.6499 GBP | ||||
| 1p ordinary | Sale | 5,550 | 1.6796 GBP | ||||
| 1p ordinary | Sale | 4,365 | 1.6706 GBP | ||||
| 1p ordinary | Sale | 3,685 | 1.6800 GBP | ||||
| 1p ordinary | Sale | 1,213 | 1.6690 GBP | ||||
| 1p ordinary | Sale | 1,124 | 1.6517 GBP | ||||
| 1p ordinary | Sale | 1,073 | 1.6636 GBP | ||||
| 1p ordinary | Sale | 737 | 1.6559 GBP | ||||
| 1p ordinary | Sale | 281 | 1.6670 GBP | ||||
| 1p ordinary | Sale | 280 | 1.6540 GBP | ||||
| 1p ordinary | Sale | 134 | 1.6562 GBP | ||||
| 1p ordinary | Sale | 28 | 1.6860 GBP | ||||
| 1p ordinary | Sale | 25 | 1.6604 GBP | ||||
| 1p ordinary | Sale | 20 | 1.6520 GBP | ||||
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| (b) | Cash-settled derivative transactions |
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| Class of | Product | Nature of dealing | Number of | Price per | |||
| relevant | description |
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| security |
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| securities |
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| 1p ordinary | SWAP | Decreasing Short | 10,845 | 1.6499 GBP | |||
| 1p ordinary | SWAP | Decreasing Short | 9,419 | 1.6500 GBP | |||
| 1p ordinary | SWAP | Decreasing Short | 1,124 | 1.6517 GBP | |||
| 1p ordinary | SWAP | Decreasing Short | 159 | 1.6547 GBP | |||
| 1p ordinary | SWAP | Decreasing Short | 39,924 | 1.6554 GBP | |||
| 1p ordinary | SWAP | Decreasing Short | 17,406 | 1.6556 GBP | |||
| 1p ordinary | SWAP | Decreasing Short | 737 | 1.6559 GBP | |||
| 1p ordinary | SWAP | Decreasing Short | 59 | 1.6560 GBP | |||
| 1p ordinary | SWAP | Decreasing Short | 87,489 | 1.6635 GBP | |||
| 1p ordinary | SWAP | Decreasing Short | 1,213 | 1.6690 GBP | |||
| 1p ordinary | SWAP | Decreasing Short | 20,225 | 1.6727 GBP | |||
| 1p ordinary | SWAP | Decreasing Short | 5,550 | 1.6796 GBP | |||
| 1p ordinary | SWAP | Decreasing Short | 1,748 | 1.6999 GBP | |||
| 1p ordinary | SWAP | Decreasing Short | 833 | 1.7000 GBP | |||
| 1p ordinary | SWAP | Increasing Short | 176,247 | 1.6500 GBP | |||
| 1p ordinary | SWAP | Increasing Short | 2 | 1.6521 GBP | |||
| 1p ordinary | SWAP | Increasing Short | 606 | 1.6561 GBP | |||
| 1p ordinary | SWAP | Increasing Short | 2,752 | 1.6591 GBP | |||
| 1p ordinary | SWAP | Increasing Short | 2,003 | 1.6609 GBP | |||
| 1p ordinary | SWAP | Increasing Short | 3,551 | 1.6613 GBP | |||
| 1p ordinary | SWAP | Increasing Short | 16 | 1.6625 GBP | |||
| 1p ordinary | SWAP | Increasing Short | 11,431 | 1.6632 GBP | |||
| 1p ordinary | SWAP | Increasing Short | 2,777 | 1.6633 GBP | |||
| 1p ordinary | SWAP | Increasing Short | 12,846 | 1.6663 GBP | |||
| 1p ordinary | SWAP | Increasing Short | 5,362 | 1.6727 GBP | |||
| 1p ordinary | SWAP | Increasing Short | 1,746 | 1.6780 GBP | |||
| 1p ordinary | SWAP | Increasing Short | 702 | 1.6800 GBP | |||
| 1p ordinary | CFD | Increasing Long | 6,760 | 1.6581 GBP | |||
| 1p ordinary | CFD | Decreasing Long | 4,568 | 1.6500 GBP | |||
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| (c) | Stock-settled derivative transactions (including options) |
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| (i) | Writing, selling, purchasing or varying |
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| Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
| of | description | purchasing, | of | price |
| date | money |
| relevant |
| selling, | securities | per unit |
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| paid/ |
| security |
| varying etc | to which |
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| received |
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| option |
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| per unit |
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| relates |
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| (ii) | Exercising |
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| Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
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| (d) | Other dealings (including subscribing for new securities) |
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| Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
| security |
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| applicable) | ||||
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| 4. | OTHER INFORMATION | ||||||
| (a) | Indemnity and other dealings arrangements |
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| Details of any indemnity or option arrangement, or any agreement or understanding, |
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| formal or informal, relating to relevant securities which may be an inducement to deal |
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| or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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| to the offer or any person acting in concert with a party to the offer: |
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| NONE | |||||||
| (b) | Agreements, arrangements or understandings relating to options or derivatives |
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| Details of any agreement, arrangement or understanding, formal or informal, between |
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| the person making the disclosure and any other person relating to: |
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| (i) the voting rights of any relevant securities under any option; or |
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| (ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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| any derivative is referenced: |
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| NONE | |||||||
| (c) | Attachments |
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| Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
| Date of disclosure: | 13 Nov 2024 | ||||||
| Contact name: | Large Holdings Regulatory Operations | ||||||
| Telephone number: | 020 3134 7213 | ||||||
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