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TI Fluid Systems PLC — Director's Dealing 2024
Jun 4, 2024
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22 May 2024
TI Fluid Systems plc
(“the Company”)
Notification of transactions of Directors/
Persons Discharging Managerial Responsibilities ("PDMRs")
The Company advises that a granting of ordinary shares has been made under the TI Fluid Systems plc Long Term Incentive Plan (the “Plan”). Half of the award of 123,320 time-based Ordinary Shares will vest under the same conditions as the Time-Based Tranche of the 2023 Plan award and the balance will vest under the same conditions as the Time-Based Tranche of the 2022 Plan award.
The following notification is made in accordance with the requirements of Article 19(3) of the Market Abuse Regulation.
| 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 GB00BYQB9V88 |
| b) | Nature of the transaction | Granting of ordinary shares under the TI Fluid Systems plc Long Term Incentive Plan for nil consideration. |
| c) | Price(s) and volume(s) | |
| d) | Aggregated information - Aggregated volume - Price | N/A |
| e) | Date of the transaction | 3 May 2024 |
| f) | Place of the transaction | XLON |
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.