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:

18 May 2023

(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:

29,970,693

5.63%

14,883,246

2.79%

(2)

Cash-settled derivatives:

and/or controlled:

14,769,173

2.77%

29,833,623

5.60%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

44,739,866

8.40%

44,716,869

8.39%

(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

32

3.6100 GBP

10p ordinary

Purchase

55

3.6020 GBP

10p ordinary

Purchase

418

3.5900 GBP

10p ordinary

Purchase

642

3.6040 GBP

10p ordinary

Purchase

760

3.5960 GBP

10p ordinary

Purchase

816

3.5980 GBP

10p ordinary

Purchase

900

3.6110 GBP

10p ordinary

Purchase

1,051

3.6180 GBP

10p ordinary

Purchase

1,508

3.5957 GBP

10p ordinary

Purchase

2,836

3.6070 GBP

10p ordinary

Purchase

3,123

3.6004 GBP

10p ordinary

Purchase

5,528

3.6000 GBP

10p ordinary

Purchase

7,684

3.6319 GBP

10p ordinary

Purchase

7,733

3.6192 GBP

10p ordinary

Purchase

8,263

3.6272 GBP

10p ordinary

Purchase

10,434

3.6099 GBP

10p ordinary

Purchase

12,160

3.6328 GBP

10p ordinary

Purchase

15,639

3.6500 GBP

10p ordinary

Purchase

18,848

3.5988 GBP

10p ordinary

Purchase

20,664

3.6219 GBP

10p ordinary

Purchase

26,690

3.6370 GBP

10p ordinary

Purchase

34,927

3.6044 GBP

10p ordinary

Purchase

49,654

3.6470 GBP

10p ordinary

Purchase

73,339

3.6052 GBP

10p ordinary

Purchase

90,329

3.6073 GBP

10p ordinary

Purchase

101,302

3.6048 GBP

10p ordinary

Purchase

109,421

3.6400 GBP

10p ordinary

Purchase

136,000

3.6098 GBP

10p ordinary

Sale

166

3.5820 GBP

10p ordinary

Sale

418

3.5900 GBP

10p ordinary

Sale

852

3.6036 GBP

10p ordinary

Sale

876

3.6190 GBP

10p ordinary

Sale

900

3.6110 GBP

10p ordinary

Sale

934

3.6085 GBP

10p ordinary

Sale

1,210

3.6500 GBP

10p ordinary

Sale

1,974

3.6321 GBP

10p ordinary

Sale

2,327

3.6000 GBP

10p ordinary

Sale

2,479

3.5985 GBP

10p ordinary

Sale

3,092

3.6004 GBP

10p ordinary

Sale

4,863

3.6025 GBP

10p ordinary

Sale

18,943

3.6440 GBP

10p ordinary

Sale

23,262

3.6317 GBP

10p ordinary

Sale

50,911

3.6468 GBP

10p ordinary

Sale

71,564

3.6474 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

Long

274

3.6269 GBP

10p ordinary

SWAP

Long

700

3.6005 GBP

10p ordinary

SWAP

Long

4,370

3.6451 GBP

10p ordinary

SWAP

Long

7,432

3.6472 GBP

10p ordinary

SWAP

Long

10,727

3.6500 GBP

10p ordinary

CFD

Long

50,911

3.6468 GBP

10p ordinary

SWAP

Short

112

3.6000 GBP

10p ordinary

SWAP

Short

410

3.6270 GBP

10p ordinary

SWAP

Short

1,098

3.5840 GBP

10p ordinary

SWAP

Short

1,237

3.6238 GBP

10p ordinary

CFD

Short

4,579

3.6216 GBP

10p ordinary

SWAP

Short

13,904

3.6084 GBP

10p ordinary

SWAP

Short

16,116

3.6214 GBP

10p ordinary

SWAP

Short

18,811

3.5899 GBP

10p ordinary

SWAP

Short

19,451

3.6149 GBP

10p ordinary

SWAP

Short

46,392

3.6026 GBP

10p ordinary

SWAP

Short

136,000

3.6098 GBP

10p ordinary

SWAP

Short

374,317

3.6191 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:

19 May 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213