9th Jun 2023 09:47
FORM 8.5 (EPT/RI)
PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
Rule 8.5 of the Takeover Code (the "Code")
1. KEY INFORMATION
(a) Name of exempt principal trader: | Morgan Stanley & Co. International plc |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | Network International Holdings plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Brookfield Asset Management Limited |
(d) Date dealing undertaken: | 08 June 2023 |
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer, state "N/A" | N/A |
2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a) Purchases and sales
Class of relevant security | Purchases/ sales
| Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received |
10p ordinary | PURCHASES | 1,369,437 | 3.6389 GBP | 3.6040 GBP |
10p ordinary | SALES | 1,549,765 | 3.6570 GBP | 3.6020 GBP |
(b) Cash-settled derivative transactions
Class of relevant security | Product description e.g. CFD | Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position | Number of reference securities | Price per unit |
10p ordinary | CFD | increasing a long position | 107 | 3.6210 GBP |
10p ordinary | CFD | increasing a long position | 2,351 | 3.6236 GBP |
10p ordinary | CFD | increasing a long position | 8 | 3.6267 GBP |
10p ordinary | CFD | increasing a short position | 255 | 3.6040 GBP |
10p ordinary | CFD | increasing a short position | 315 | 3.6040 GBP |
10p ordinary | CFD | increasing a short position | 1,181 | 3.6040 GBP |
10p ordinary | CFD | increasing a short position | 1,424 | 3.6047 GBP |
10p ordinary | CFD | increasing a short position | 612 | 3.6047 GBP |
10p ordinary | CFD | increasing a short position | 2,290 | 3.6087 GBP |
10p ordinary | CFD | increasing a short position | 1 | 3.6100 GBP |
10p ordinary | CFD | increasing a short position | 84 | 3.6101 GBP |
10p ordinary | CFD | increasing a short position | 15,057 | 3.6125 GBP |
10p ordinary | CFD | increasing a short position | 47,335 | 3.6135 GBP |
10p ordinary | CFD | increasing a short position | 2,139 | 3.6140 GBP |
10p ordinary | CFD | increasing a short position | 2 | 3.6160 GBP |
10p ordinary | CFD | increasing a short position | 59,315 | 3.6187 GBP |
10p ordinary | CFD | increasing a short position | 6 | 3.6194 GBP |
10p ordinary | CFD | increasing a short position | 3 | 3.6200 GBP |
10p ordinary | CFD | increasing a short position | 64,287 | 3.6202 GBP |
10p ordinary | CFD | increasing a short position | 50,000 | 3.6204 GBP |
10p ordinary | CFD | increasing a short position | 40,530 | 3.6220 GBP |
10p ordinary | CFD | increasing a short position | 41,331 | 3.6222 GBP |
10p ordinary | CFD | increasing a short position | 20,938 | 3.6231 GBP |
10p ordinary | CFD | increasing a short position | 112,815 | 3.6236 GBP |
10p ordinary | CFD | increasing a short position | 48,443 | 3.6236 GBP |
10p ordinary | CFD | increasing a short position | 24,956 | 3.6236 GBP |
10p ordinary | CFD | increasing a short position | 20,197 | 3.6236 GBP |
10p ordinary | CFD | increasing a short position | 93,589 | 3.6236 GBP |
10p ordinary | CFD | increasing a short position | 821 | 3.6273 GBP |
10p ordinary | CFD | increasing a short position | 162,186 | 3.6280 GBP |
10p ordinary | CFD | increasing a short position | 111 | 3.6280 GBP |
10p ordinary | CFD | increasing a short position | 3,418 | 3.6280 GBP |
10p ordinary | CFD | increasing a short position | 2,211 | 3.6284 GBP |
10p ordinary | CFD | increasing a short position | 3,852 | 3.6351 GBP |
10p ordinary | CFD | increasing a short position | 3,049 | 3.6375 GBP |
10p ordinary | CFD | increasing a short position | 321,165 | 3.6429 GBP |
10p ordinary | CFD | reducing a long position | 159 | 3.6220 GBP |
10p ordinary | CFD | reducing a long position | 26,025 | 3.6235 GBP |
10p ordinary | CFD | reducing a long position | 40,064 | 3.6247 GBP |
10p ordinary | CFD | reducing a long position | 15,104 | 3.6247 GBP |
10p ordinary | CFD | reducing a long position | 37,526 | 3.6247 GBP |
10p ordinary | CFD | reducing a long position | 9,434 | 3.6247 GBP |
10p ordinary | CFD | reducing a long position | 50,620 | 3.6247 GBP |
10p ordinary | CFD | reducing a long position | 23,407 | 3.6259 GBP |
10p ordinary | CFD | reducing a long position | 2,458 | 3.6280 GBP |
10p ordinary | CFD | reducing a long position | 538 | 3.6280 GBP |
10p ordinary | CFD | reducing a short position | 796 | 3.6054 GBP |
10p ordinary | CFD | reducing a short position | 100 | 3.6080 GBP |
10p ordinary | CFD | reducing a short position | 1,116 | 3.6085 GBP |
10p ordinary | CFD | reducing a short position | 104,041 | 3.6109 GBP |
10p ordinary | CFD | reducing a short position | 338 | 3.6119 GBP |
10p ordinary | CFD | reducing a short position | 2,348 | 3.6121 GBP |
10p ordinary | CFD | reducing a short position | 286 | 3.6149 GBP |
10p ordinary | CFD | reducing a short position | 326,243 | 3.6165 GBP |
10p ordinary | CFD | reducing a short position | 2,840 | 3.6175 GBP |
10p ordinary | CFD | reducing a short position | 4,869 | 3.6175 GBP |
10p ordinary | CFD | reducing a short position | 3,258 | 3.6175 GBP |
10p ordinary | CFD | reducing a short position | 4,819 | 3.6175 GBP |
10p ordinary | CFD | reducing a short position | 2,139 | 3.6184 GBP |
10p ordinary | CFD | reducing a short position | 6,544 | 3.6195 GBP |
10p ordinary | CFD | reducing a short position | 4,039 | 3.6211 GBP |
10p ordinary | CFD | reducing a short position | 4,080 | 3.6211 GBP |
10p ordinary | CFD | reducing a short position | 2,730 | 3.6211 GBP |
10p ordinary | CFD | reducing a short position | 589 | 3.6212 GBP |
10p ordinary | CFD | reducing a short position | 576 | 3.6217 GBP |
10p ordinary | CFD | reducing a short position | 47,335 | 3.6231 GBP |
10p ordinary | CFD | reducing a short position | 5,130 | 3.6236 GBP |
10p ordinary | CFD | reducing a short position | 115,083 | 3.6248 GBP |
10p ordinary | CFD | reducing a short position | 16,688 | 3.6253 GBP |
10p ordinary | CFD | reducing a short position | 3,643 | 3.6279 GBP |
10p ordinary | CFD | reducing a short position | 100,000 | 3.6279 GBP |
10p ordinary | CFD | reducing a short position | 1,755 | 3.6280 GBP |
10p ordinary | CFD | reducing a short position | 54,290 | 3.6295 GBP |
10p ordinary | CFD | reducing a short position | 12,466 | 3.6306 GBP |
10p ordinary | CFD | reducing a short position | 62,277 | 3.6306 GBP |
10p ordinary | CFD | reducing a short position | 52,127 | 3.6313 GBP |
10p ordinary | CFD | reducing a short position | 23,381 | 3.6313 GBP |
10p ordinary | CFD | reducing a short position | 22,153 | 3.6313 GBP |
10p ordinary | CFD | reducing a short position | 37,291 | 3.6373 GBP |
10p ordinary | CFD | reducing a short position | 16,753 | 3.6373 GBP |
10p ordinary | CFD | reducing a short position | 8,160 | 3.6380 GBP |
10p ordinary | CFD | reducing a short position | 31,321 | 3.6380 GBP |
10p ordinary | CFD | reducing a short position | 6,475 | 3.6380 GBP |
10p ordinary | CFD | reducing a short position | 2,314 | 3.6396 GBP |
10p ordinary | CFD | reducing a short position | 3,423 | 3.6396 GBP |
10p ordinary | CFD | reducing a short position | 3,458 | 3.6396 GBP |
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
Class of relevant security | Product description e.g. call option | Writing, purchasing, selling, varying etc. | Number of securities to which option relates | Exercise price per unit | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit |
N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
N/A | N/A | N/A | N/A | N/A |
(d) Other dealings (including subscribing for new securities)
Class of relevant security | Nature of dealing e.g. subscription, conversion | Details | Price per unit (if applicable) |
N/A | N/A | N/A | N/A |
3. OTHER INFORMATION
(a) Indemnity and other dealing 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: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none" |
NONE
|
(b) Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader 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 or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none" |
NONE
|
| Date of disclosure: | 09 June 2023 |
| Contact name: | Craig Horsley |
| Telephone number: | +44 141 245-7736 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
Related Shares:
NETW.L