Public Disclosure of Investment by Man Group PLC
FORM 8.3
Public Opening Position Disclosure/Dealing Disclosure by
A Person With Interests in Relevant Securities Representing 1% or More
Rule 8.3 of the Takeover Code
1. KEY INFORMATION
(a) Full Name of Discloser: Man Group PLC
(c) Name of Offeror/Offeree: TI Fluid Systems PLC
2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE
(a) Interests and Short Positions
Class of Relevant Security: 1p ordinary
Interests
Number Owned: 7,763,709 (1.56%)
Cash-Settled Derivatives: 7,461,301 (1.50%)
Stock-Settled Derivatives: Not applicable
TOTAL: 15,225,010 (3.07%)
All interests and all short positions should be disclosed. Details of any open stock-settled derivative positions should be given on a Supplemental Form 8.
(b) Rights to Subscribe for New Securities
No current subscription rights exist for new securities.
3. DEALINGS BY THE PERSON MAKING THE DISCLOSURE
(a) Purchases and Sales
Log of Sales:
1p Ordinary, Sale of 157,082 at a price of 1.790 GBP
(b) Cash-Settled Derivative Transactions
Equity Swap, reducing a long position (27,380 units at 1.790 GBP)
4. OTHER INFORMATION
(a) Indemnity and Other Dealing Arrangements
Details of any indemnity or option arrangement are not applicable.
(b) Agreements Relating to Options or Derivatives
No agreements regarding voting rights exist.
(c) Attachments
Is a Supplemental Form 8 attached? NO
Disclosed on: 25/10/2024
Contact Name: James Carr
Telephone Number: +442071447255
All public disclosures must be made to a Regulatory Information Service. Contact the Panel’s Market Surveillance Unit for guidance about disclosure requirements.
Frequently Asked Questions
What is Form 8.3?
Form 8.3 is a disclosure document used in the UK to detail significant stakes held by entities in public companies as per the Takeover Code.
Who is Man Group PLC?
Man Group PLC is a leading global active investment management firm, providing a range of investment strategies and solutions to clients around the world.
What is TI Fluid Systems PLC?
TI Fluid Systems PLC is a company providing advanced fluid delivery systems to the automotive industry, focusing on innovation and sustainability in its products.
What is the significance of holding over 1% of a company?
Holding over 1% of a company's shares typically requires public disclosure under the Takeover Code, indicating significant interest and potential influence on the company’s strategy.
How does this disclosure impact investors?
This disclosure may signal Man Group PLC's confidence in TI Fluid Systems PLC, potentially influencing other investors' perceptions and investment decisions.
