The Vanguard Group Discloses Stake in TI Fluid Systems

The Vanguard Group, Inc. has submitted a Form 8.3 disclosure concerning its interest in TI Fluid Systems plc. As per the filing, the company owns 19,781,676 ordinary shares, which represents a 3.99% stake in the company. This disclosure is in line with Rule 8.3 of the Takeover Code, which requires such transparency from entities holding a stake of 1% or more in relevant securities.

The disclosure was made based on the positions held as of January 15, 2025. Vanguard has disclosed only its current positions, with no additional agreements or derivative transactions related to these securities. Further, there are no indemnities, understanding, or arrangements regarding TI Fluid Systems securities beyond what is stated in the form.

Vanguard's purchase of 73,342 shares at 1.94 GBP each highlights its ongoing engagement with the company. As of the disclosure, no supplemental form detailing open positions is attached.