Vanguard Group Discloses Interest in TI Fluid Systems

The Vanguard Group, Inc. has released its Form 8.3 disclosure concerning its stake in TI Fluid Systems plc. As of November 11, 2024, Vanguard holds 19,550,559 ordinary shares in TI Fluid Systems, representing a 3.94% stake in the company. This disclosure adheres to Rule 8.3 of the Takeover Code, which mandates transparency from entities with interests above 1% in relevant securities.

The report also details Vanguard's dealings within TI Fluid Systems' securities, including a purchase of 1,985 shares and a sale of 2,985 shares, both executed at a price of 1.69 GBP per share. No derivatives, indemnity arrangements, or agreements regarding future acquisitions or voting rights were reported.

The disclosure reflects Vanguard's current position without additional stock-settled derivatives or cash-settled derivative transactions linked to the company's securities.