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TI Fluid Systems PLC Director's Dealing 2024
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Director's Dealing
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National Storage Mechanism | Additional information 
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
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) |
| £ 1.524 | 66,038 Ordinary Shares |
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
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) |
| £ 1.524 | 27,330 Ordinary Shares |
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
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) |
| £ 1.524 | 12,552 Ordinary Shares |
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
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 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
- 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 .
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