9 February 2021
TI Fluid Systems plc
("the Company")
Notification of transactions of Directors/ Persons Discharging Managerial Responsibilities ("PDMRs")
The Company advises that a vesting of ordinary shares has been made under the Annual 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. The following notification, made pursuant to Article 19(3) of the EU Market Abuse Regulation, provides further detail.
| 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 /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 | ||||||
| b) | Nature of the transaction | Vesting of ordinary shares under the Annual and Deferred Bonus Plan | ||||||
| c)
| Price(s) and volume(s)
|
| ||||||
| d) | Aggregated information - Aggregated volume - Price | N/A
| ||||||
| e) | Date of the transaction
| 5 February 2021 | ||||||
| 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 | |
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