TIDMTIFS

RNS Number : 9268H

TI Fluid Systems PLC

27 March 2020

27 March 2020

TI Fluid Systems plc

(the "Company")

Notification of transactions of Directors/ Persons Discharging Managerial Responsibilities

The following notifications are made in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation.

 
        Details of the person discharging managerial responsibilities 
   1     / person closely associated 
 a)     Name                       William L. Kozyra 
       -------------------------  -------------------------------------- 
        Reason for the notification 
  2 
       ----------------------------------------------------------------- 
 a)     Position/status            Chief Executive Officer and President 
       -------------------------  -------------------------------------- 
 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              plc of GBP0.01 each 
         instrument, type 
         of instrument              GB00BYQB9V88 
         Identification 
         code 
       -------------------------  -------------------------------------- 
 b)     Nature of the              Grant of ordinary shares under the 
         transaction                Annual and Deferred Bonus Plan in 
                                    connection with 2019 annual bonus 
                                    award 
       -------------------------  -------------------------------------- 
 c)     Price(s) and volume(s)      Price(s)   Volume(s) 
                                     Nil        184,228 Ordinary 
                                                 Shares 
                                               ----------------- 
       -------------------------  -------------------------------------- 
 d)     Aggregated information      N/A 
         - Aggregated volume 
         - Price 
       -------------------------  -------------------------------------- 
 e)     Date of the transaction    27 March 2020 
       -------------------------  -------------------------------------- 
        Place of the transaction   London Stock Exchange, XLON 
   f) 
       -------------------------  -------------------------------------- 
 
 
  1   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                       Ronald Hundzinski 
     -------------------------  -------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status            Chief Financial Officer 
     -------------------------  -------------------------------------------- 
 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 plc 
       the financial              of GBP0.01 each 
       instrument, type 
       of instrument              GB00BYQB9V88 
       Identification 
       code 
     -------------------------  -------------------------------------------- 
 b)   Nature of the              Grant of ordinary shares under the Annual 
       transaction                and Deferred Bonus Plan as a buy-out 
                                  award in line with the Remuneration Policy 
                                  to compensate for forfeited incentives 
                                  awarded by a former employer 
     -------------------------  -------------------------------------------- 
 c)   Price(s) and volume(s)      Price(s)   Volume(s) 
                                   Nil        203,962 Ordinary 
                                               Shares 
                                             ----------------- 
     -------------------------  -------------------------------------------- 
 d)   Aggregated information      N/A 
       - Aggregated volume 
       - Price 
     -------------------------  -------------------------------------------- 
 e)   Date of the transaction    27 March 2020 
     -------------------------  -------------------------------------------- 
 f)   Place of the transaction   London Stock Exchange, 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.

END

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