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 | ||||||
| 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)
|
| ||||||
| 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 | ||||||
| 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)
|
| ||||||
| 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 | ||||||
| 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)
|
| ||||||
| 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: +44 7354 846374
Headland Consultancy Matt Denham/Chloe Francklin Tel: +44 (0)20 3805 4822
|
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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