Vanguard Discloses Position in TI Fluid Systems

The Vanguard Group, Inc. has submitted a Form 8.3 disclosure concerning its holdings in TI Fluid Systems plc. The filing, dated November 20, 2024, details Vanguard's interest in securities representing 3.94% of TI Fluid Systems' ordinary shares. The disclosure adheres to Rule 8.3 of the Takeover Code, which mandates transparency for entities with significant stakes in a company's securities.

The submission indicates Vanguard's control of 19,535,982 ordinary shares in TI Fluid Systems. Additionally, Vanguard reported the sale of 2,956 shares at a price of 1.80 GBP each on November 19, 2024. No derivative positions or other deal-related agreements were disclosed.

Vanguard's declaration is crucial for market monitoring, providing insight into the company's significant positions in listed entities, in this case, TI Fluid Systems.