The Vanguard Group Discloses Position in TI Fluid Systems

The Vanguard Group, Inc. has filed a Form 8.3 regarding its interest in TI Fluid Systems plc. As per Rule 8.3 of the UK Takeover Code, any person with an interest in relevant securities representing 1% or more must disclose their position. On October 8, 2024, Vanguard reported holding 19,452,805 shares, amounting to 3.91% of TI Fluid Systems’ 1p ordinary shares.

The filing details Vanguard’s position without any cash-settled or stock-settled derivatives affecting their stake. On the same date, they purchased 1,980 shares at a price of 1.54 GBP each. There are no indemnity or options arrangements related to these securities, affirming no formal or informal agreements are in place as of the October 9 disclosure date.