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

NETWORK INTERNATIONAL HOLDINGS PLC

relevant securities this form relates:

(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:

31 Jan 2024

(f)

In addition to the company in 1(c) above, is the discloser making

NO

disclosures in respect of any other party to the offer?

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:

32,527,633

6.11%

5,685,378

1.07%

(2)

Cash-settled derivatives:

and/or controlled:

5

0.00%

32,297,213

6.06%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

32,527,638

6.11%

37,982,591

7.13%

(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 EXEMPT PRINCIPAL TRADER

(a)

Purchases and sales

Class of relevant

Purchase/sale

Number of

Price per unit

security

securities

10p ordinary

Purchase

155,582

3.8619 GBP

10p ordinary

Purchase

101,430

3.8743 GBP

10p ordinary

Purchase

92,857

3.8698 GBP

10p ordinary

Purchase

31,857

3.8594 GBP

10p ordinary

Purchase

26,453

3.8565 GBP

10p ordinary

Purchase

24,714

3.8570 GBP

10p ordinary

Purchase

7,382

3.8603 GBP

10p ordinary

Purchase

3,259

3.8600 GBP

10p ordinary

Purchase

2,748

3.8595 GBP

10p ordinary

Purchase

803

3.8740 GBP

10p ordinary

Purchase

547

3.8508 GBP

10p ordinary

Purchase

263

3.8575 GBP

10p ordinary

Purchase

225

3.8580 GBP

10p ordinary

Purchase

38

3.8560 GBP

10p ordinary

Purchase

31

3.8720 GBP

10p ordinary

Sale

98,410

3.8740 GBP

10p ordinary

Sale

65,447

3.8741 GBP

10p ordinary

Sale

53,781

3.8682 GBP

10p ordinary

Sale

39,121

3.8600 GBP

10p ordinary

Sale

30,173

3.8634 GBP

10p ordinary

Sale

29,081

3.8576 GBP

10p ordinary

Sale

25,581

3.8663 GBP

10p ordinary

Sale

24,714

3.8574 GBP

10p ordinary

Sale

7,529

3.8598 GBP

10p ordinary

Sale

3,357

3.8595 GBP

10p ordinary

Sale

935

3.8586 GBP

10p ordinary

Sale

562

3.8517 GBP

10p ordinary

Sale

225

3.8580 GBP

10p ordinary

Sale

91

3.8747 GBP

10p ordinary

Sale

40

3.8673 GBP

10p ordinary

Sale

38

3.8560 GBP

10p ordinary

Sale

31

3.8720 GBP

10p ordinary

Sale

23

3.8780 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

10p ordinary

SWAP

Closing Short

29,081

3.8576 GBP

10p ordinary

SWAP

Decreasing Short

283

3.8663 GBP

10p ordinary

SWAP

Decreasing Short

10,454

3.8740 GBP

10p ordinary

SWAP

Decreasing Short

25,298

3.8663 GBP

10p ordinary

SWAP

Decreasing Short

30,173

3.8634 GBP

10p ordinary

CFD

Decreasing Short

44,532

3.8612 GBP

10p ordinary

SWAP

Decreasing Short

114,364

3.8740 GBP

10p ordinary

SWAP

Increasing Short

7,382

3.8603 GBP

10p ordinary

CFD

Increasing Short

15,580

3.8591 GBP

10p ordinary

SWAP

Increasing Short

16,277

3.8600 GBP

10p ordinary

SWAP

Increasing Short

26,453

3.8565 GBP

10p ordinary

SWAP

Increasing Short

101,430

3.8743 GBP

10p ordinary

SWAP

Increasing Short

155,582

3.8619 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class

Product

Writing,

Number

Exercise

Type

Expiry

Option

of

description

purchasing,

of

price

date

money

relevant

selling,

securities

per unit

paid/

security

varying etc

to which

received

option

per unit

relates

(ii)

Exercising

Class of relevant

Product description

Exercising/ exercised against

Number of

Exercise price per

security

securities

unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant

Nature of Dealings

Details

Price per unit (if

security

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 exempt principal trader 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:

01 Feb 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213