Form 8.3 - NETWORK INTERNATIONAL HOLDINGS 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 (the "Code")

1.

KEY INFORMATION

(a)

Full name of discloser:

Barclays PLC.

(b)

Owner or controller of interest and short positions disclosed, if different from 1(a):

(c)

Name of offeror/offeree in relation to whose relevant securities this form relates:

NETWORK INTERNATIONAL HOLDINGS PLC

(d)

If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:

(e)

Date position held/dealing undertaken:

16 Jun 2023

(f)

In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

NO

2.

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(a)

Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing(if any)

Class of relevant security:

10p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

18,120,623

3.40%

242,105

0.05%

(2) Cash-settled derivatives:

128,475

0.02%

17,747,765

3.33%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

TOTAL: 

18,249,098

3.43%

17,989,870

3.38%

(b)

Rights to subscribe for new securities (including directors and other executive options)

Class of relevant security in relation to which subscription right exists

Details, including nature of the rights concerned and relevant percentages:

3.

DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

(a)

Purchase and sales

Class of relevant security

Purchase/sale

Number of securities

Price per unit

10p ordinary

Purchase

22,282

3.8459 GBP

10p ordinary

Purchase

5,243

3.8435 GBP

10p ordinary

Purchase

2,096

3.8470 GBP

10p ordinary

Sale

82,362

3.8438 GBP

10p ordinary

Purchase

81

3.8441 GBP

10p ordinary

Sale

250,000

3.8398 GBP

10p ordinary

Sale

90,431

3.8444 GBP

10p ordinary

Sale

250,000

3.8433 GBP

10p ordinary

Purchase

46,689

3.8458 GBP

10p ordinary

Sale

24,004

3.8460 GBP

10p ordinary

Purchase

250,000

3.8469 GBP

10p ordinary

Sale

720

3.8400 GBP

10p ordinary

Purchase

177,192

3.8443 GBP

10p ordinary

Sale

50,000

3.8430 GBP

10p ordinary

Purchase

28,006

3.8425 GBP

10p ordinary

Sale

100,809

3.8463 GBP

10p ordinary

Sale

693

3.8360 GBP

10p ordinary

Sale

327

3.8419 GBP

10p ordinary

Purchase

9,680

3.8434 GBP

10p ordinary

Purchase

6,848

3.8447 GBP

10p ordinary

Sale

115,286

3.8439 GBP

10p ordinary

Sale

50,000

3.8437 GBP

10p ordinary

Sale

17,994

3.8461 GBP

10p ordinary

Purchase

996

3.8467 GBP

10p ordinary

Sale

1,967

3.8442 GBP

10p ordinary

Purchase

43,742

3.8428 GBP

10p ordinary

Purchase

720

3.8400 GBP

10p ordinary

Purchase

44,385

3.8444 GBP

10p ordinary

Sale

781

3.8440 GBP

10p ordinary

Sale

39,714

3.8450 GBP

10p ordinary

Sale

100,000

3.8418 GBP

10p ordinary

Purchase

18,438

3.8409 GBP

10p ordinary

Purchase

146,753

3.8460 GBP

10p ordinary

Purchase

105,284

3.8453 GBP

10p ordinary

Purchase

12,221

3.8440 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

10p ordinary

CFD

Long

103

3.8460 GBP

10p ordinary

SWAP

Long

327

3.8419 GBP

10p ordinary

SWAP

Long

693

3.8360 GBP

10p ordinary

CFD

Long

7,265

3.8456 GBP

10p ordinary

SWAP

Long

50,000

3.8430 GBP

10p ordinary

SWAP

Long

75,097

3.8436 GBP

10p ordinary

SWAP

Long

250,000

3.8398 GBP

10p ordinary

SWAP

Long

555,000

3.8433 GBP

10p ordinary

SWAP

Short

26

3.8439 GBP

10p ordinary

SWAP

Short

170

3.8462 GBP

10p ordinary

SWAP

Short

575

3.8458 GBP

10p ordinary

SWAP

Short

1,576

3.8467 GBP

10p ordinary

SWAP

Short

17,613

3.8460 GBP

10p ordinary

CFD

Short

22,282

3.8459 GBP

10p ordinary

SWAP

Short

22,870

3.8449 GBP

10p ordinary

SWAP

Short

24,118

3.8457 GBP

10p ordinary

CFD

Short

44,385

3.8444 GBP

10p ordinary

SWAP

Short

45,000

3.8443 GBP

10p ordinary

SWAP

Short

67,649

3.8452 GBP

10p ordinary

SWAP

Short

71,572

3.8403 GBP

10p ordinary

SWAP

Short

250,000

3.8469 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class of relevant security

Product description

Writing, purchasing, selling, varying etc

Number of securities to which option relates

Exercise price per unit

Type

Expiry date

Option money paid/ received per unit

(ii)

Exercising

Class of relevant security

Product description

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant security

Nature of Dealings

Details

Price per unit (if applicable)

4.

OTHER INFORMATION

(a)

Indemnity and other dealings arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

NONE

(b)

Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights of future acquisition or disposal of any relevant securities to which any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

19 Jun 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213