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:

12 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:

21,283,464

4.00%

7,136,309

1.34%

(2)

Cash-settled derivatives:

and/or controlled:

7,030,788

1.32%

21,153,603

3.97%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

28,314,252

5.31%

28,289,912

5.31%

(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

258

3.7055 GBP

10p ordinary

Purchase

324

3.7120 GBP

10p ordinary

Purchase

430

3.7033 GBP

10p ordinary

Purchase

446

3.7020 GBP

10p ordinary

Purchase

734

3.7080 GBP

10p ordinary

Purchase

1,318

3.7028 GBP

10p ordinary

Purchase

1,647

3.6990 GBP

10p ordinary

Purchase

2,519

3.7024 GBP

10p ordinary

Purchase

6,938

3.6987 GBP

10p ordinary

Purchase

8,484

3.7027 GBP

10p ordinary

Purchase

9,660

3.7045 GBP

10p ordinary

Purchase

10,467

3.7000 GBP

10p ordinary

Purchase

10,875

3.7032 GBP

10p ordinary

Purchase

18,761

3.7037 GBP

10p ordinary

Purchase

89,330

3.7018 GBP

10p ordinary

Purchase

109,994

3.7040 GBP

10p ordinary

Purchase

248,689

3.7038 GBP

10p ordinary

Purchase

431,000

3.7025 GBP

10p ordinary

Sale

324

3.7120 GBP

10p ordinary

Sale

517

3.7025 GBP

10p ordinary

Sale

720

3.6840 GBP

10p ordinary

Sale

742

3.7064 GBP

10p ordinary

Sale

1,109

3.7000 GBP

10p ordinary

Sale

1,362

3.7118 GBP

10p ordinary

Sale

1,493

3.7033 GBP

10p ordinary

Sale

2,101

3.7022 GBP

10p ordinary

Sale

3,631

3.7018 GBP

10p ordinary

Sale

4,912

3.7047 GBP

10p ordinary

Sale

11,628

3.7020 GBP

10p ordinary

Sale

12,629

3.7041 GBP

10p ordinary

Sale

38,491

3.7040 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

2

3.7040 GBP

10p ordinary

CFD

Long

29

3.7041 GBP

10p ordinary

CFD

Long

266

3.6995 GBP

10p ordinary

SWAP

Long

604

3.7007 GBP

10p ordinary

SWAP

Long

1,079

3.7072 GBP

10p ordinary

SWAP

Long

1,391

3.7026 GBP

10p ordinary

CFD

Long

3,631

3.7018 GBP

10p ordinary

SWAP

Long

5,605

3.7030 GBP

10p ordinary

SWAP

Long

6,508

3.7015 GBP

10p ordinary

SWAP

Short

1

3.7000 GBP

10p ordinary

CFD

Short

29

3.7041 GBP

10p ordinary

SWAP

Short

102

3.7020 GBP

10p ordinary

CFD

Short

4,349

3.7027 GBP

10p ordinary

SWAP

Short

10,669

3.7002 GBP

10p ordinary

SWAP

Short

16,410

3.7041 GBP

10p ordinary

CFD

Short

26,738

3.7039 GBP

10p ordinary

SWAP

Short

38,139

3.7034 GBP

10p ordinary

SWAP

Short

58,280

3.7040 GBP

10p ordinary

SWAP

Short

81,593

3.7038 GBP

10p ordinary

SWAP

Short

89,330

3.7018 GBP

10p ordinary

SWAP

Short

111,665

3.7039 GBP

10p ordinary

SWAP

Short

431,000

3.7025 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:

15 May 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213