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:

22 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:

30,235,787

5.68%

14,876,916

2.79%

(2)

Cash-settled derivatives:

and/or controlled:

14,756,155

2.77%

30,093,357

5.65%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

44,991,942

8.45%

44,970,273

8.44%

(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

157

3.6060 GBP

10p ordinary

Purchase

472

3.5791 GBP

10p ordinary

Purchase

757

3.5840 GBP

10p ordinary

Purchase

785

3.6010 GBP

10p ordinary

Purchase

1,008

3.5796 GBP

10p ordinary

Purchase

1,400

3.5783 GBP

10p ordinary

Purchase

1,508

3.6246 GBP

10p ordinary

Purchase

2,188

3.5831 GBP

10p ordinary

Purchase

2,990

3.5709 GBP

10p ordinary

Purchase

3,046

3.5843 GBP

10p ordinary

Purchase

4,703

3.5870 GBP

10p ordinary

Purchase

5,243

3.5807 GBP

10p ordinary

Purchase

6,671

3.5800 GBP

10p ordinary

Purchase

14,783

3.5844 GBP

10p ordinary

Purchase

16,193

3.5730 GBP

10p ordinary

Purchase

73,698

3.5815 GBP

10p ordinary

Purchase

115,118

3.5717 GBP

10p ordinary

Sale

19

3.5810 GBP

10p ordinary

Sale

157

3.6060 GBP

10p ordinary

Sale

472

3.5791 GBP

10p ordinary

Sale

686

3.5760 GBP

10p ordinary

Sale

754

3.6040 GBP

10p ordinary

Sale

1,400

3.5783 GBP

10p ordinary

Sale

2,262

3.6180 GBP

10p ordinary

Sale

2,736

3.5700 GBP

10p ordinary

Sale

2,990

3.5709 GBP

10p ordinary

Sale

17,577

3.5751 GBP

10p ordinary

Sale

21,055

3.5732 GBP

10p ordinary

Sale

25,172

3.5743 GBP

10p ordinary

Sale

26,109

3.5779 GBP

10p ordinary

Sale

26,190

3.5843 GBP

10p ordinary

Sale

86,559

3.5701 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

500

3.6320 GBP

10p ordinary

SWAP

Long

1,508

3.6040 GBP

10p ordinary

SWAP

Long

2,966

3.5741 GBP

10p ordinary

SWAP

Long

5,316

3.5742 GBP

10p ordinary

SWAP

Long

8,479

3.5732 GBP

10p ordinary

SWAP

Long

10,000

3.5750 GBP

10p ordinary

CFD

Long

21,055

3.5732 GBP

10p ordinary

SWAP

Short

1,342

3.5823 GBP

10p ordinary

CFD

Short

2,114

3.5763 GBP

10p ordinary

SWAP

Short

7,027

3.5800 GBP

10p ordinary

SWAP

Short

20,693

3.5793 GBP

10p ordinary

SWAP

Short

28,918

3.5797 GBP

10p ordinary

SWAP

Short

29,048

3.5853 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:

23 May 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213