Source - LSE Regulatory
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.

 1 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Stefan Rau

2 

Reason for the notification

a)

Position/status

Executive Vice President, FCS

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

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)

£2.2650 per share

13,504 Ordinary Shares

d) 

Aggregated information  

- Aggregated volume

  - Price 

 N/A

 

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 /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

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)

£2.2650 per share

145,525 Ordinary Shares

d) 

Aggregated information  

- Aggregated volume

  - Price 

 N/A

 

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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