|
FORM 8.3
|
|
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE
BY
|
|
A
PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1%
OR
|
|
MORE
|
|
Rule 8.3 of the Takeover Code
(the "Code")
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|
1.
|
KEY
INFORMATION
|
|
(a)
|
Full name of discloser:
|
Barclays PLC.
|
|
(b)
|
Owner or controller of interest and short
positions disclosed, if different from
1(a):
|
|
|
(c)
|
Name of offeror/offeree in relation to whose
relevant securities this form relates:
|
TI
FLUID SYSTEMS PLC
|
|
(d)
|
If
an exempt fund manager connected with an
offeror/offeree, state this and specify identity of
offeror/offeree:
|
|
|
(e)
|
Date position held/dealing undertaken:
|
16
Sep 2024
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|
(f)
|
In
addition to the company in 1(c) above, is the discloser making
disclosures in respect of any other party to the
offer?
|
NO
|
|
2.
|
POSITIONS OF THE PERSON MAKING THE
DISCLOSURE
|
|
(a)
|
Interests and short positions in the relevant securities of
the offeror or offeree
to which the disclosure relates following the dealing(if
any)
|
|
Class of relevant security:
|
1p
ordinary
|
|
|
Interests
|
Short
Positions
|
|
Number
|
(%)
|
Number
|
(%)
|
|
(1)
Relevant securities owned and/or controlled:
|
9,659,291
|
1.94%
|
3,960,972
|
0.80%
|
|
(2)
Cash-settled derivatives:
|
3,720,036
|
0.75%
|
9,084,978
|
1.82%
|
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
0
|
0.00%
|
0
|
0.00%
|
|
TOTAL:
|
13,379,327
|
2.69%
|
13,045,950
|
2.62%
|
|
(b)
|
Rights to subscribe for new securities (including directors
and
other executive options)
|
|
Class of relevant security in relation to
which subscription right exists
|
|
|
Details, including nature of the rights
concerned and relevant percentages:
|
|
|
3.
|
DEALINGS (IF ANY) BY THE PERSON MAKING THE
DISCLOSURE
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|
(a)
|
Purchase and sales
|
|
Class of relevant
security
|
Purchase/sale
|
Number of
securities
|
Price per
unit
|
|
1p
ordinary
|
Purchase
|
440,865
|
1.6614 GBP
|
|
1p
ordinary
|
Purchase
|
150,000
|
1.6627 GBP
|
|
1p
ordinary
|
Purchase
|
107,109
|
1.6640 GBP
|
|
1p
ordinary
|
Purchase
|
100,000
|
1.6645 GBP
|
|
1p
ordinary
|
Purchase
|
85,148
|
1.6597 GBP
|
|
1p
ordinary
|
Purchase
|
84,954
|
1.6651 GBP
|
|
1p
ordinary
|
Purchase
|
56,019
|
1.6422 GBP
|
|
1p
ordinary
|
Purchase
|
54,345
|
1.6641 GBP
|
|
1p
ordinary
|
Purchase
|
50,694
|
1.6697 GBP
|
|
1p
ordinary
|
Purchase
|
34,943
|
1.6772 GBP
|
|
1p
ordinary
|
Purchase
|
31,268
|
1.6579 GBP
|
|
1p
ordinary
|
Purchase
|
25,340
|
1.6562 GBP
|
|
1p
ordinary
|
Purchase
|
24,647
|
1.6490 GBP
|
|
1p
ordinary
|
Purchase
|
21,839
|
1.6712 GBP
|
|
1p
ordinary
|
Purchase
|
21,275
|
1.6484 GBP
|
|
1p
ordinary
|
Purchase
|
13,990
|
1.6618 GBP
|
|
1p
ordinary
|
Purchase
|
13,843
|
1.6615 GBP
|
|
1p
ordinary
|
Purchase
|
10,286
|
1.6996 GBP
|
|
1p
ordinary
|
Purchase
|
10,133
|
1.6639 GBP
|
|
1p
ordinary
|
Purchase
|
8,475
|
1.6530 GBP
|
|
1p
ordinary
|
Purchase
|
6,902
|
1.6601 GBP
|
|
1p
ordinary
|
Purchase
|
6,749
|
1.6649 GBP
|
|
1p
ordinary
|
Purchase
|
6,668
|
1.6507 GBP
|
|
1p
ordinary
|
Purchase
|
5,292
|
1.6607 GBP
|
|
1p
ordinary
|
Purchase
|
5,283
|
1.6592 GBP
|
|
1p
ordinary
|
Purchase
|
5,235
|
1.6706 GBP
|
|
1p
ordinary
|
Purchase
|
4,859
|
1.6701 GBP
|
|
1p
ordinary
|
Purchase
|
4,575
|
1.6413 GBP
|
|
1p
ordinary
|
Purchase
|
4,516
|
1.6644 GBP
|
|
1p
ordinary
|
Purchase
|
4,332
|
1.6656 GBP
|
|
1p
ordinary
|
Purchase
|
3,236
|
1.6440 GBP
|
|
1p
ordinary
|
Purchase
|
2,632
|
1.6980 GBP
|
|
1p
ordinary
|
Purchase
|
1,808
|
1.6459 GBP
|
|
1p
ordinary
|
Purchase
|
1,660
|
1.6920 GBP
|
|
1p
ordinary
|
Purchase
|
1,492
|
1.6500 GBP
|
|
1p
ordinary
|
Purchase
|
1,475
|
1.6720 GBP
|
|
1p
ordinary
|
Purchase
|
1,418
|
1.6581 GBP
|
|
1p
ordinary
|
Purchase
|
1,040
|
1.6666 GBP
|
|
1p
ordinary
|
Purchase
|
858
|
1.6780 GBP
|
|
1p
ordinary
|
Purchase
|
209
|
1.6438 GBP
|
|
1p
ordinary
|
Purchase
|
185
|
1.6680 GBP
|
|
1p
ordinary
|
Purchase
|
78
|
1.6317 GBP
|
|
1p
ordinary
|
Purchase
|
71
|
1.6360 GBP
|
|
1p
ordinary
|
Purchase
|
18
|
1.6940 GBP
|
|
1p
ordinary
|
Purchase
|
1
|
1.6460 GBP
|
|
1p
ordinary
|
Sale
|
158,492
|
1.6640 GBP
|
|
1p
ordinary
|
Sale
|
146,499
|
1.6639 GBP
|
|
1p
ordinary
|
Sale
|
100,759
|
1.6618 GBP
|
|
1p
ordinary
|
Sale
|
76,004
|
1.6473 GBP
|
|
1p
ordinary
|
Sale
|
56,019
|
1.6421 GBP
|
|
1p
ordinary
|
Sale
|
32,475
|
1.6659 GBP
|
|
1p
ordinary
|
Sale
|
31,539
|
1.6602 GBP
|
|
1p
ordinary
|
Sale
|
20,951
|
1.6620 GBP
|
|
1p
ordinary
|
Sale
|
15,465
|
1.6587 GBP
|
|
1p
ordinary
|
Sale
|
11,165
|
1.6491 GBP
|
|
1p
ordinary
|
Sale
|
11,163
|
1.6744 GBP
|
|
1p
ordinary
|
Sale
|
7,752
|
1.6482 GBP
|
|
1p
ordinary
|
Sale
|
7,498
|
1.6509 GBP
|
|
1p
ordinary
|
Sale
|
5,018
|
1.6399 GBP
|
|
1p
ordinary
|
Sale
|
4,633
|
1.6440 GBP
|
|
1p
ordinary
|
Sale
|
3,621
|
1.6825 GBP
|
|
1p
ordinary
|
Sale
|
3,176
|
1.6530 GBP
|
|
1p
ordinary
|
Sale
|
2,931
|
1.6365 GBP
|
|
1p
ordinary
|
Sale
|
2,909
|
1.6998 GBP
|
|
1p
ordinary
|
Sale
|
1,858
|
1.6719 GBP
|
|
1p
ordinary
|
Sale
|
1,761
|
1.6560 GBP
|
|
1p
ordinary
|
Sale
|
1,676
|
1.6960 GBP
|
|
1p
ordinary
|
Sale
|
1,660
|
1.6920 GBP
|
|
1p
ordinary
|
Sale
|
1,541
|
1.6780 GBP
|
|
1p
ordinary
|
Sale
|
1,239
|
1.6382 GBP
|
|
1p
ordinary
|
Sale
|
869
|
1.6401 GBP
|
|
1p
ordinary
|
Sale
|
656
|
1.6417 GBP
|
|
1p
ordinary
|
Sale
|
491
|
1.6860 GBP
|
|
1p
ordinary
|
Sale
|
441
|
1.6600 GBP
|
|
1p
ordinary
|
Sale
|
416
|
1.6991 GBP
|
|
1p
ordinary
|
Sale
|
206
|
1.6660 GBP
|
|
1p
ordinary
|
Sale
|
185
|
1.6680 GBP
|
|
1p
ordinary
|
Sale
|
48
|
1.6687 GBP
|
|
1p
ordinary
|
Sale
|
5
|
1.6360 GBP
|
|
1p
ordinary
|
Sale
|
2
|
1.6450 GBP
|
|
1p
ordinary
|
Sale
|
1
|
1.6460 GBP
|
|
(b)
|
Cash-settled derivative transactions
|
|
Class of
relevant
security
|
Product
description
|
Nature of
dealing
|
Number of
reference
securities
|
Price per
unit
|
|
1p
ordinary
|
SWAP
|
Opening
Long
|
5,990
|
1.6374 GBP
|
|
1p
ordinary
|
SWAP
|
Increasing Long
|
5,018
|
1.6399 GBP
|
|
1p
ordinary
|
SWAP
|
Increasing Long
|
656
|
1.6417 GBP
|
|
1p
ordinary
|
SWAP
|
Increasing Long
|
3,224
|
1.6455 GBP
|
|
1p
ordinary
|
SWAP
|
Increasing Long
|
40,087
|
1.6463 GBP
|
|
1p
ordinary
|
SWAP
|
Increasing Long
|
5,198
|
1.6469 GBP
|
|
1p
ordinary
|
SWAP
|
Increasing Long
|
27,205
|
1.6480 GBP
|
|
1p
ordinary
|
SWAP
|
Increasing Long
|
9,693
|
1.6489 GBP
|
|
1p
ordinary
|
SWAP
|
Increasing Long
|
1,472
|
1.6509 GBP
|
|
1p
ordinary
|
SWAP
|
Increasing Long
|
3,514
|
1.6525 GBP
|
|
1p
ordinary
|
SWAP
|
Increasing Long
|
1,761
|
1.6560 GBP
|
|
1p
ordinary
|
SWAP
|
Increasing Long
|
2,132
|
1.6602 GBP
|
|
1p
ordinary
|
SWAP
|
Increasing Long
|
18,205
|
1.6613 GBP
|
|
1p
ordinary
|
SWAP
|
Increasing Long
|
400
|
1.6614 GBP
|
|
1p
ordinary
|
SWAP
|
Increasing Long
|
15,164
|
1.6639 GBP
|
|
1p
ordinary
|
SWAP
|
Increasing Long
|
154,948
|
1.6640 GBP
|
|
1p
ordinary
|
SWAP
|
Increasing Long
|
416
|
1.6991 GBP
|
|
1p
ordinary
|
SWAP
|
Increasing Long
|
2,909
|
1.6998 GBP
|
|
1p
ordinary
|
SWAP
|
Decreasing Long
|
7,614
|
1.6430 GBP
|
|
1p
ordinary
|
SWAP
|
Decreasing Long
|
1,808
|
1.6459 GBP
|
|
1p
ordinary
|
SWAP
|
Decreasing Long
|
21,275
|
1.6484 GBP
|
|
1p
ordinary
|
SWAP
|
Decreasing Long
|
37,825
|
1.6489 GBP
|
|
1p
ordinary
|
SWAP
|
Decreasing Long
|
6,478
|
1.6507 GBP
|
|
1p
ordinary
|
SWAP
|
Decreasing Long
|
891
|
1.6560 GBP
|
|
1p
ordinary
|
SWAP
|
Decreasing Long
|
25,340
|
1.6562 GBP
|
|
1p
ordinary
|
SWAP
|
Decreasing Long
|
31,268
|
1.6579 GBP
|
|
1p
ordinary
|
SWAP
|
Decreasing Long
|
1,403
|
1.6580 GBP
|
|
1p
ordinary
|
SWAP
|
Decreasing Long
|
123,000
|
1.6601 GBP
|
|
1p
ordinary
|
SWAP
|
Opening
Short
|
184,360
|
1.6607 GBP
|
|
1p
ordinary
|
SWAP
|
Increasing Short
|
7,778
|
1.6637 GBP
|
|
1p
ordinary
|
SWAP
|
Increasing Short
|
169,525
|
1.6640 GBP
|
|
1p
ordinary
|
SWAP
|
Increasing Short
|
54,345
|
1.6641 GBP
|
|
1p
ordinary
|
SWAP
|
Increasing Short
|
4,516
|
1.6644 GBP
|
|
1p
ordinary
|
SWAP
|
Increasing Short
|
37,048
|
1.6648 GBP
|
|
1p
ordinary
|
SWAP
|
Increasing Short
|
6,749
|
1.6649 GBP
|
|
1p
ordinary
|
SWAP
|
Increasing Short
|
47,888
|
1.6654 GBP
|
|
1p
ordinary
|
SWAP
|
Increasing Short
|
4,332
|
1.6656 GBP
|
|
1p
ordinary
|
SWAP
|
Increasing Short
|
15
|
1.6660 GBP
|
|
1p
ordinary
|
SWAP
|
Increasing Short
|
1,040
|
1.6666 GBP
|
|
1p
ordinary
|
SWAP
|
Increasing Short
|
14
|
1.6684 GBP
|
|
1p
ordinary
|
SWAP
|
Increasing Short
|
50,694
|
1.6697 GBP
|
|
1p
ordinary
|
SWAP
|
Increasing Short
|
4,859
|
1.6701 GBP
|
|
1p
ordinary
|
SWAP
|
Increasing Short
|
858
|
1.6780 GBP
|
|
1p
ordinary
|
CFD
|
Opening
Long
|
869
|
1.6401 GBP
|
|
1p
ordinary
|
CFD
|
Increasing Long
|
11,074
|
1.6490 GBP
|
|
1p
ordinary
|
CFD
|
Increasing Long
|
336
|
1.6639 GBP
|
|
1p
ordinary
|
CFD
|
Decreasing Long
|
78
|
1.6317 GBP
|
|
1p
ordinary
|
CFD
|
Decreasing Long
|
209
|
1.6438 GBP
|
|
1p
ordinary
|
CFD
|
Opening
Short
|
12,099
|
1.6620 GBP
|
|
1p
ordinary
|
CFD
|
Increasing Short
|
4,460
|
1.6640 GBP
|
|
1p
ordinary
|
CFD
|
Increasing Short
|
1,116
|
1.6641 GBP
|
|
1p
ordinary
|
CFD
|
Increasing Short
|
5,000
|
1.6669 GBP
|
|
1p
ordinary
|
CFD
|
Increasing Short
|
5,000
|
1.6849 GBP
|
|
|
|
|
|
|
|
|
|
|
(c)
|
Stock-settled derivative transactions
(including options)
|
|
(i)
|
Writing, selling, purchasing or varying
|
|
Class
of
relevant
security
|
Product
description
|
Writing,
purchasing,
selling,
varying etc
|
Number
of
securities
to which
option
relates
|
Exercise
price
per unit
|
Type
|
Expiry
date
|
Option
money
paid/
received
per unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(ii)
|
Exercising
|
|
|
|
|
|
|
|
Class of relevant
security
|
Product
description
|
Exercising/ exercised
against
|
Number of
securities
|
Exercise price per
unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(d)
|
Other dealings (including subscribing for
new securities)
|
|
Class of relevant
security
|
Nature of
Dealings
|
Details
|
Price per unit (if
applicable)
|
|
|
|
|
|
|
4.
|
OTHER INFORMATION
|
|
(a)
|
Indemnity and other dealings arrangements
|
|
Details of any indemnity or option arrangement, or any
agreement or understanding,
formal or informal, relating to relevant securities which may
be an inducement to deal
or refrain from dealing entered into by the person making the
disclosure and any party
to the offer or any person acting in concert with a party to
the offer:
|
|
NONE
|
|
(b)
|
Agreements, arrangements or understandings relating to options
or
derivatives
|
|
Details of any agreement, arrangement or understanding, formal
or informal, between
the person making the disclosure and any other person
relating to:
(i) the voting rights of any relevant securities under
any option; or
(ii) the voting rights of future acquisition or disposal of
any relevant securities to which
any derivative is referenced:
|
|
NONE
|
|
(c)
|
Attachments
|
|
|
|
|
|
|
|
Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
|
|
Date of disclosure:
|
17 Sep 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|