The Vanguard Group Discloses Stake in TI Fluid Systems

The Vanguard Group, Inc. has disclosed its position in TI Fluid Systems plc, reporting an interest in relevant securities. According to Form 8.3, Vanguard holds 19,810,431 ordinary shares, representing 3.99% of the company. This disclosure is part of Vanguard’s compliance with Rule 8.3 of the Takeover Code.

As of December 11, 2024, Vanguard engaged in a sale involving 2,400 ordinary shares at a price of 1.94 GBP per unit. The disclosure does not indicate any significant derivative holdings or rights to new securities within TI Fluid Systems.

No indemnity agreements or understandings relating to derivative securities were reported, maintaining Vanguard's transparency in its investment dealings. The document was released on December 12, 2024, and provides key insights into one of the largest asset managers' involvements with TI Fluid Systems.