RNS Number : 3624E
Barclays PLC
09 April 2025
 

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

 positions disclosed, if different from 1(a):

 

(c)

Name of offeror/offeree in relation to whose

 relevant securities this form relates:

TI FLUID SYSTEMS PLC

(d)

If an exempt fund manager connected with an

 offeror/offeree, state this and specify identity of

 offeror/offeree:

 

(e)

Date position held/dealing undertaken:

08 Apr 2025

(f)

In addition to the company in 1(c) above, is the discloser making

 disclosures in respect of any other party to the offer?

NO

2.

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(a)

Interests and short positions in the relevant securities of the offeror or offeree

 to which the disclosure relates following the dealing(if any)

Class of relevant security:

1p ordinary


Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

13,150,743

2.65%

11,169,033

2.25%

(2) Cash-settled derivatives:

10,637,588

2.14%

14,962,950

3.02%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

 

 TOTAL:

 

23,788,331

4.79%

26,131,983

5.27%

(b)

Rights to subscribe for new securities (including directors and

 other executive options)

Class of relevant security in relation to

 which subscription right exists


Details, including nature of the rights

 concerned and relevant percentages:


3.

DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

(a)

Purchase and sales

Class of relevant

 security

Purchase/sale

Number of

 securities

Price per unit

1p ordinary

Purchase

321,330

1.9940  GBP

1p ordinary

Purchase

37,274

1.9913  GBP

1p ordinary

Purchase

35,963

1.9908  GBP

1p ordinary

Purchase

15,751

1.9935  GBP

1p ordinary

Purchase

12,387

1.9936  GBP

1p ordinary

Purchase

2,165

1.9910  GBP

1p ordinary

Purchase

1,486

1.9920  GBP

1p ordinary

Sale

2,066,332

1.9890  GBP

1p ordinary

Sale

80,426

1.9938  GBP

1p ordinary

Sale

50,963

1.9917  GBP

1p ordinary

Sale

48,576

1.9937  GBP

1p ordinary

Sale

35,466

1.9940  GBP

1p ordinary

Sale

30,762

1.9915  GBP

1p ordinary

Sale

20,466

1.9900  GBP

1p ordinary

Sale

12,417

1.9898  GBP

1p ordinary

Sale

4,286

1.9950  GBP

1p ordinary

Sale

4,144

1.9908  GBP

1p ordinary

Sale

3,705

1.9941  GBP

1p ordinary

Sale

2,165

1.9910  GBP

1p ordinary

Sale

2,080

1.9920  GBP

1p ordinary

Sale

2,039

1.9934  GBP

1p ordinary

Sale

407

1.9939  GBP

1p ordinary

Sale

140

1.9944  GBP

1p ordinary

Sale

138

1.9928  GBP

(b)

Cash-settled derivative transactions

Class of

 relevant

 security

Product  description

Nature of dealing

Number of

 reference

 securities

Price per

 unit

1p ordinary

SWAP

Increasing Long

2,066,332

1.9890  GBP

1p ordinary

SWAP

Increasing Long

12,417

1.9898  GBP

1p ordinary

SWAP

Increasing Long

18,494

1.9900  GBP

1p ordinary

SWAP

Increasing Long

30,762

1.9915  GBP

1p ordinary

SWAP

Increasing Long

50,963

1.9917  GBP

1p ordinary

SWAP

Increasing Long

390

1.9920  GBP

1p ordinary

SWAP

Increasing Long

138

1.9929  GBP

1p ordinary

SWAP

Increasing Long

48,576

1.9937  GBP

1p ordinary

SWAP

Increasing Long

22,811

1.9940  GBP

1p ordinary

SWAP

Increasing Long

140

1.9944  GBP

1p ordinary

SWAP

Increasing Long

12,331

1.9945  GBP

1p ordinary

SWAP

Decreasing Long

917

1.9880  GBP

1p ordinary

SWAP

Decreasing Long

37,274

1.9913  GBP

1p ordinary

SWAP

Decreasing Long

26,882

1.9921  GBP

1p ordinary

SWAP

Decreasing Long

15,751

1.9935  GBP

1p ordinary

SWAP

Decreasing Long

12,387

1.9936  GBP

1p ordinary

SWAP

Decreasing Long

12,482

1.9940  GBP

1p ordinary

SWAP

Decreasing Long

232,488

1.9941  GBP

1p ordinary

CFD

Decreasing Short

6,250,000

1.9852  GBP

1p ordinary

CFD

Decreasing Short

8,117

1.9921  GBP









(c)

Stock-settled derivative transactions

 (including options)

(i)

Writing, selling, purchasing or varying

Class

 of

 relevant

 security

Product

 description

Writing,

 purchasing,

 selling,

 varying etc

Number

 of

 securities

 to which

 option

 relates

Exercise

 price

 per unit

Type

Expiry

 date

Option

 money

 paid/

 received

 per unit

















(ii)

Exercising

 






Class of relevant

 security

Product description

Exercising/ exercised against

Number of

 securities

Exercise price per

 unit














(d)

Other dealings (including subscribing for

 new securities)

Class of relevant

 security

Nature of Dealings

Details

Price per unit (if

 applicable)





4.

OTHER INFORMATION

(a)

Indemnity and other dealings arrangements

Details of any indemnity or option arrangement, or any agreement or understanding,

 formal or informal, relating to relevant securities which may be an inducement to deal

 or refrain from dealing entered into by the person making the disclosure and any party

 to the offer or any person acting in concert with a party to the offer:

NONE

(b)

Agreements, arrangements or understandings relating to options or

 derivatives

Details of any agreement, arrangement or understanding, formal or informal, between

 the person making the disclosure and any other person relating to:

 (i)  the voting rights of any relevant securities under any option; or

 (ii) the voting rights of future acquisition or disposal of any relevant securities to which

 any derivative is referenced:

NONE

(c)

Attachments

 






Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

09 Apr 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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