TI Fluid Systems PLC Notification of Transaction of PDMRs
May 22 2024 - 2:30AM
RNS Regulatory News
RNS Number : 4361P
TI Fluid Systems PLC
22 May 2024
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)
|
|
Price(s)
|
Volume(s)
|
|
£1.578
|
123,320
|
|
|
|
|
|
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.
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END
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