TIDMTIFS

RNS Number : 5503V

TI Fluid Systems PLC

04 December 2019

TI Fluid Systems PLC

4 December 2019

TI Fluid Systems plc

("the Company")

Notification of transactions of Directors/ Persons Discharging Managerial Responsibilities ("PDMRs")

The Company was notified by Computershare Investor Services plc that ordinary shares have been sold. The following notifications, made pursuant to Article 19(3) of the EU Market Abuse Regulation, provide further details.

 
       Details of the person discharging managerial responsibilities 
   1    / person closely associated 
 a)    Name                        Stefan Rau 
      --------------------------  ------------------------------------------- 
 2     Reason for the notification 
      ----------------------------------------------------------------------- 
 a)    Position/status             Executive Vice President, FCS 
      --------------------------  ------------------------------------------- 
 b)    Initial notification        Initial notification 
        /Amendment 
      --------------------------  ------------------------------------------- 
 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          Ordinary Shares of TI Fluid Systems plc 
        financial instrument,       of GBP0.01 each 
        type of instrument 
        Identification code         GB00BYQB9V88 
      --------------------------  ------------------------------------------- 
 b)    Nature of the transaction   Sale of shares to TI Fluid Systems plc 
                                    Employee Benefit Trust in order to effect 
                                    the net settlement of previously granted 
                                    restricted share awards that vested on 
                                    1 December 2019 
      --------------------------  ------------------------------------------- 
 c)    Price(s) and volume(s)       Price(s)     Volume(s) 
                                     GBP2.2650    13,504 Ordinary 
                                      per share    Shares 
                                                 ---------------- 
      --------------------------  ------------------------------------------- 
 d)    Aggregated information       N/A 
        - Aggregated volume 
        - Price 
      --------------------------  ------------------------------------------- 
 e)    Date of the transaction     2 December 2019 
      --------------------------  ------------------------------------------- 
 f)    Place of the transaction    XLON 
      --------------------------  ------------------------------------------- 
 
 
  1   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                         Hans Dieltjens 
     ---------------------------  -------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------- 
 a)   Position/status              Executive Vice President, FTDS 
     ---------------------------  -------------------------------------------- 
 b)   Initial notification         Initial notification 
       /Amendment 
     ---------------------------  -------------------------------------------- 
 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               Ordinary Shares of TI Fluid Systems 
       the financial instrument,    plc of GBP0.01 each 
       type of instrument 
       Identification               GB00BYQB9V88 
       code 
     ---------------------------  -------------------------------------------- 
 b)   Nature of the transaction    Sale of shares to TI Fluid Systems 
                                    plc Employee Benefit Trust in order 
                                    to effect the net settlement of previously 
                                    granted restricted share awards that 
                                    vested on 1 December 2019 
     ---------------------------  -------------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)     Volume(s) 
                                     GBP2.2650    145,525 Ordinary 
                                      per share    Shares 
                                                 ----------------- 
     ---------------------------  -------------------------------------------- 
 d)   Aggregated information        N/A 
       - Aggregated volume 
       - Price 
     ---------------------------  -------------------------------------------- 
 e)   Date of the transaction      2 December 2019 
     ---------------------------  -------------------------------------------- 
 f)   Place of the transaction     XLON 
     ---------------------------  -------------------------------------------- 
 

Enquiries:

   TI Fluid Systems plc   +44 (0)1865 871855 

Matthew Paroly

Company Secretary

   FTI Consulting             +44 (0)20 3727 1340 

Richard Mountain

Nick Hasell

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

ENDS

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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December 04, 2019 02:01 ET (07:01 GMT)

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