TI Fluid Systems PLC Notification of Transaction of PDMRs

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: [phone]   Headland Consultancy Matt Denham/Chloe Francklin Tel: [phone]

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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