REG - TI Fluid Systems PLC - Transaction in Own Shares

TI Fluid SystemsAnnouncement

18/03/2024 07:00

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RNS Number : 1326H  TI Fluid Systems PLC  18 March 2024

18 March 2024

 

 

TI Fluid Systems plc

(the "Company")

 

Transaction in Own Shares

 

The Company today announces that it has purchased the following number of its
Ordinary Shares on Exchange (as defined in the Rules of the London Stock
Exchange) from Peel Hunt pursuant to its Buy-back Programme, details of which
were announced on 4 October 2023.

 

 Date of purchase:                                             15/03/2024
 Aggregate number of Ordinary Shares purchased:                118,029
 Lowest price paid per Ordinary Share (GBp):                   153.70
 Highest price paid per Ordinary Share (GBp):                  154.00
 Volume weighted average price paid per Ordinary Share (GBp):  153.7382
 Broker                                                        PEEL HUNT

 

The Company intends to cancel the purchased Ordinary Shares.

 

Following settlement and cancellation of the above purchase of Ordinary
Shares, the Company will have 513,428,704 Ordinary Shares in issue. This
figure represents the total number of voting rights in the Company and may be
used by shareholders (and others with notification obligations) as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in, the
Company under the Financial Conduct Authority's Disclosure Guidance and
Transparency Rules.

 

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 as it forms
part of domestic law by virtue of and for the purposes of the European Union
(Withdrawal) Act 2018, as amended, the schedule below contains detailed and
aggregated information of the individual trades made by Peel Hunt as part of
the Buy-back Programme.

 

Since the commencement of the Buy-back Programme announced on 4 October 2023,
the Company has purchased 6,840,437 Ordinary Shares on Exchange in aggregate
at a volume weighted average price of 140.33 GBp per Ordinary Share.

 

Capitalised terms used but not defined in this announcement have the meanings
given to them in the announcement by the Company relating to the commencement
of the Buy-back Programme published on 4 October 2023.

 

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

Schedule of Purchases - Individual Transactions

 

 Number of shares purchased  Transaction price (pence per share)  Market  Transaction Date & Time      Transaction Reference Number
 103,000                     153.70                               XLON    14:25:37                     00159654502TRLO0
 15,029                      154.00                               XLON    16:25:07                     00159667877TRLO0

 

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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