The Vanguard Group's Disclosure on TI Fluid Systems

The Vanguard Group, Inc. has submitted a Form 8.3 in accordance with Rule 8.3 of the Takeover Code. This form provides a public opening position disclosure concerning relevant securities linked to TI Fluid Systems plc. The document reveals that Vanguard holds a 3.94% interest in TI Fluid Systems, amounting to 19,548,326 shares. The disclosure relates to positions held as of 9th April 2025.

Within the reported dealings, Vanguard purchased 9,125 of the 1p ordinary shares, at prices ranging from 1.99 GBP to 2.01 GBP per unit, and sold 8,220 shares at 2.01 GBP each. No cash or stock-settled derivatives positions have been reported. There are no indemnity agreements or other disclosure-related dealings associated with the offer.

This disclosure is a mandatory regulation for those holding a significant percentage of interest in a company undergoing offer circumstances. Published forms like this aim to maintain transparency and integrity in the financial markets.