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:

17 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:

25,473,721

4.78%

10,942,259

2.05%

(2)

Cash-settled derivatives:

and/or controlled:

10,835,449

2.03%

25,341,886

4.76%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

36,309,170

6.82%

36,284,145

6.81%

(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

323

3.6580 GBP

10p ordinary

Purchase

578

3.6616 GBP

10p ordinary

Purchase

744

3.6660 GBP

10p ordinary

Purchase

824

3.6520 GBP

10p ordinary

Purchase

1,000

3.6540 GBP

10p ordinary

Purchase

1,068

3.6600 GBP

10p ordinary

Purchase

1,130

3.6360 GBP

10p ordinary

Purchase

2,762

3.6608 GBP

10p ordinary

Purchase

3,282

3.6380 GBP

10p ordinary

Purchase

7,706

3.6400 GBP

10p ordinary

Purchase

9,229

3.6594 GBP

10p ordinary

Purchase

9,407

3.6414 GBP

10p ordinary

Purchase

38,527

3.6541 GBP

10p ordinary

Purchase

40,890

3.6389 GBP

10p ordinary

Purchase

94,894

3.6340 GBP

10p ordinary

Purchase

169,807

3.6361 GBP

10p ordinary

Sale

314

3.6400 GBP

10p ordinary

Sale

365

3.6343 GBP

10p ordinary

Sale

578

3.6616 GBP

10p ordinary

Sale

1,130

3.6361 GBP

10p ordinary

Sale

1,539

3.6380 GBP

10p ordinary

Sale

3,025

3.6360 GBP

10p ordinary

Sale

3,315

3.6404 GBP

10p ordinary

Sale

4,742

3.6555 GBP

10p ordinary

Sale

7,480

3.6391 GBP

10p ordinary

Sale

8,122

3.6399 GBP

10p ordinary

Sale

19,906

3.6465 GBP

10p ordinary

Sale

23,921

3.6395 GBP

10p ordinary

Sale

29,722

3.6341 GBP

10p ordinary

Sale

64,443

3.6340 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

22

3.6340 GBP

10p ordinary

CFD

Long

578

3.6616 GBP

10p ordinary

SWAP

Long

579

3.6666 GBP

10p ordinary

SWAP

Long

2,214

3.6411 GBP

10p ordinary

SWAP

Long

2,746

3.6727 GBP

10p ordinary

SWAP

Long

4,522

3.6472 GBP

10p ordinary

SWAP

Long

14,009

3.6437 GBP

10p ordinary

SWAP

Short

744

3.6440 GBP

10p ordinary

SWAP

Short

945

3.6493 GBP

10p ordinary

SWAP

Short

2,018

3.6670 GBP

10p ordinary

CFD

Short

6,900

3.6369 GBP

10p ordinary

SWAP

Short

15,964

3.6565 GBP

10p ordinary

SWAP

Short

16,498

3.6437 GBP

10p ordinary

SWAP

Short

22,029

3.6620 GBP

10p ordinary

SWAP

Short

147,943

3.6340 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:

18 May 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213