REG - TI Fluid Systems PLC - Director/PDMR Shareholding
22/03/2024 07:00
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RNS Number : 8928H TI Fluid Systems PLC 22 March 2024
22 March 2024
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 for performance measured awards granted in
2021. The following notifications, made pursuant to Article 19(3) of the EU
Market Abuse Regulation, 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
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 Ordinary Shares of TI Fluid Systems plc of £0.01 each
Identification code
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)
£1.524 66,038 Ordinary Shares
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 20 March 2024
f) Place of the transaction XLON
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
20 March 2024
f)
Place of the transaction
XLON
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Stefan Rau
2 Reason for the notification
a) Position/status Chief Operating Officer and 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 Ordinary Shares of TI Fluid Systems plc of £0.01 each
Identification code
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)
£1.524 27,330 Ordinary Shares
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 20 March 2024
f) Place of the transaction XLON
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
20 March 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 Ordinary Shares of TI Fluid Systems plc of £0.01 each
Identification code
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)
£1.524 12,552 Ordinary Shares
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 20 March 2024
f) Place of the transaction XLON
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
20 March 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 Ordinary Shares of TI Fluid Systems plc of £0.01 each
Identification code
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 taxes and lapsing due to the application of performance criteria.
c) Price(s) and volume(s) Price(s) Volume(s)
Settled in cash at £1.524 per share 1,870
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 20 March 2024
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
20 March 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
(http://www.tifluidsystems.com/) .
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