Transaction in Own Shares

TI Fluid Systems PLC
09 November 2023
 

9 November 2023

 

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TI Fluid Systems plc

(the "Company")

 

Transaction in Own Shares

 

The Company today announces that it has purchased the following number of its Ordinary Shares on Exchange (as defined in the Rules of the London Stock Exchange) from Peel Hunt pursuant to its Buy-back Programme, details of which were announced on 4 October 2023.

 

Date of purchase:

08/11/2023

Aggregate number of Ordinary Shares purchased:

38,500

Lowest price paid per Ordinary Share (GBp):

132.21

Highest price paid per Ordinary Share (GBp):

132.37

Volume weighted average price paid per Ordinary Share (GBp):

132.2661

Broker

PEEL HUNT

 

The Company intends to cancel the purchased Ordinary Shares.

 

Following settlement and cancellation of the above purchase of Ordinary Shares, the Company will have 518,665,399 Ordinary Shares in issue. This figure represents the total number of voting rights in the Company and may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

 

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 as it forms part of domestic law by virtue of and for the purposes of the European Union (Withdrawal) Act 2018, as amended, the schedule below contains detailed and aggregated information of the individual trades made by Peel Hunt as part of the Buy-back Programme.

 

Since the commencement of the Buy-back Programme announced on 4 October 2023, the Company has purchased 1,603,742 Ordinary Shares on Exchange in aggregate at a volume weighted average price of 122.33 GBp per Ordinary Share.

 

Capitalised terms used but not defined in this announcement have the meanings given to them in the announcement by the Company relating to the commencement of the Buy-back Programme published on 4 October 2023.

 

Enquiries:

TI Fluid Systems plc

Kellie McAvoy

Investor Relations

Tel: +44 7354 846374

 

FTI Consulting

Richard Mountain

Nick Hasell

Tel: +44 20 3727 1340

 

Schedule of Purchases - Individual Transactions

 

Number of shares purchased

Transaction price (pence per share)

Market

Transaction Date & Time

Transaction Reference Number

25,000

132.21

XLON

12:12:25

00154974861TRLO0

13,500

132.37

XLON

16:24:51

00154998387TRLO0

 

About TI Fluid Systems plc

TI Fluid Systems is a global innovator of thermal and fluid system solutions for the full range of current and developing vehicle architectures. Serving all major automotive manufacturers, with more than 100 years of automotive supply experience; TI Fluid Systems operates across 27 countries with a commitment to improving efficiency, performance and sustainability worldwide. To find out more about TI Fluid Systems, visit www.tifluidsystems.com.

 

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