TI Fluid Systems Share News (TIFS)
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Tue, 26th Mar 2024 16:52
(Sharecast News) - Peel Hunt said on Tuesday that BC Omega Holdco plans to sell around 30m shares in TI Fluid Systems in a placing to institutional investors.
BC Omega currently holds just over 191m shares, which represents a stake of around 37.3%.
The placing price per share will be determined by way of an accelerated bookbuilding process, which has already begun.
Peel Hunt is the sole global co-ordinator and bookrunner on the placing.
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Read moreTI Fluid Systems 2019 Results To Be In Line With Expectations
Read more(Sharecast News) - TI Fluid Systems said on Monday that results for the year to the end of December are set to be in line with the expectations outlined in its first-half results in August, with adjusted free cash flow "very strong".
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Read moreDIRECTOR DEALINGS: TI Fluid Systems Senior Executive Sells Shares
Read moreTI Fluid Systems Hires Tenneco Executive Hundzinski As Finance Chief
Read more(Sharecast News) - TI Fluid Systems announced on Monday that Ronald Hundzinski would be its new chief financial officer and an executive director, both effective 6 January.
Read moreDIRECTOR DEALINGS: TI Fluid Executive Vice President Sells Shares
Read more(Sharecast News) - London's FTSE 250 was 0.33% lower at 20,365.23 in afternoon trade on Friday, with Ferrexpo leading the index downward.
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Read moreTI Fluid Systems Backs Guidance As It Outperforms Weak Market
Read more(Sharecast News) - Automotive fluid system manufacturer TI Fluid Systems updated the market on its trading for the third quarter ended 30 September on Thursday, reporting that despite a softer global light vehicle production market background, group revenue was ahead 0.9% year-on-year at reported rates, and decreased 1.0% at constant currency.
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