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The Vanguard Group Discloses Stake in TI Fluid Systems plc

The Vanguard Group, Inc. has disclosed its stake in TI Fluid Systems plc as part of its public opening position, under Rule 8.3 of the Takeover Code. As of 16 October 2024, Vanguard owns 19,558,938 ordinary shares, representing 3.94% of the relevant securities in TI Fluid Systems.

The disclosure revealed a recent purchase of 49,397 ordinary shares at a price of 1.80 GBP per share. No cash-settled or stock-settled derivative transactions were noted. Additionally, Vanguard reported no indemnity or other dealing arrangements related to the securities.

This disclosure is significant as it provides insight into Vanguard's ongoing investment strategies and its interests in UK-based automotive suppliers such as TI Fluid Systems.

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