The Vanguard Group Discloses Position in TI Fluid Systems

On November 26, 2024, The Vanguard Group, Inc. released a Form 8.3, detailing its interest in TI Fluid Systems plc. The disclosure is part of Rule 8.3 of the Takeover Code, which requires public opening position disclosures for entities holding 1% or more of relevant securities.

The Vanguard Group reported an interest of 19,511,503 ordinary shares, representing 3.93% of TI Fluid Systems. This interest consists solely of relevant securities owned or controlled by the firm. Additionally, the disclosure records a recent sale of 37,173 ordinary shares at a price of 1.84 GBP per share.

No other dealings, agreements, or derivative transactions were reported. The disclosure emphasizes the absence of any indemnity, option arrangement, or formal agreements related to the securities. This document signifies compliance with regulatory requirements for transparency in significant shareholdings.