Source - LSE Regulatory
RNS Number : 3869O
TI Fluid Systems PLC
09 February 2021
 

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
 
GB00BYQB9V88

b)

Nature of the transaction

Vesting of ordinary shares under the Annual and Deferred Bonus Plan

c)

 

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

£2.658

180,818 Ordinary Shares



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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