Director/PDMR Shareholding

TI Fluid Systems

13/03/2025 07:10

RNS Number : 4568A

TI Fluid Systems PLC

13 March 2025

 

13 March 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 performance-based measured awards granted in 2022. The following notifications, provides further detail.

 

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
Vesting of ordinary shares under the Company's Long Term Incentive Plan. The net shares below result from withholding on account of taxes and lapsing due to the application of performance criteria.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£1.965
479,608 Ordinary Shares
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
11 March 2025
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

 GB00BYQB9V88
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 and lapsing due to the application of performance criteria.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£1.965
60,885 Ordinary Shares
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
11 March 2025
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

 GB00BYQB9V88
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 taxesand lapsing due to the application of performance criteria.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Settled in cash at £2.00 per share
17,109 Ordinary Shares
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
11 March 2025
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 26 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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