5th Jul 2023 16:00
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BH3VJ782
Issuer Name
NETWORK INTERNATIONAL HOLDINGS PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
JPMorgan Chase & Co.
City of registered office (if applicable)
Country of registered office (if applicable)
US
4. Details of the shareholder
Name | City of registered office | Country of registered office |
J.P. Morgan Securities plc |
5. Date on which the threshold was crossed or reached
30-Jun-2023
6. Date on which Issuer notified
04-Jul-2023
7. Total positions of person(s) subject to the notification obligation
% of voting rights attached to shares (total of 8.A) | % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer | |
Resulting situation on the date on which threshold was crossed or reached | 6.253265 | 1.793956 | 8.047221 | 42871659 |
Position of previous notification (if applicable) | 6.093665 | 1.603199 | 7.696864 |
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
Class/Type of shares ISIN code(if possible) | Number of direct voting rights (DTR5.1) | Number of indirect voting rights (DTR5.2.1) | % of direct voting rights (DTR5.1) | % of indirect voting rights (DTR5.2.1) |
GB00BH3VJ782 | 33314215 | 6.253265 | ||
Sub Total 8.A | 33314215 | 6.253265% | ||
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
Type of financial instrument | Expiration date | Exercise/conversion period | Number of voting rights that may be acquired if the instrument is exercised/converted | % of voting rights |
| ||||
Sub Total 8.B1 | ||||
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
Type of financial instrument | Expiration date | Exercise/conversion period | Physical or cash settlement | Number of voting rights | % of voting rights |
Cash-settled Equity Swap | 31/07/2023 | 31/07/2023 | Cash | 12563 | 0.002357 |
Cash-settled Equity Swap | 27/09/2023 | 27/09/2023 | Cash | 5224951 | 0.980751 |
Cash-settled Equity Swap | 16/11/2023 | 16/11/2023 | Cash | 2657269 | 0.498784 |
Cash-settled Equity Swap | 29/11/2023 | 29/11/2023 | Cash | 5910 | 0.001106 |
Cash-settled Equity Swap | 08/02/2024 | 08/02/2024 | Cash | 515606 | 0.096777 |
Cash-settled Equity Swap | 03/04/2024 | 03/04/2024 | Cash | 855 | 0.000160 |
Cash-settled Equity Swap | 17/05/2024 | 17/05/2024 | Cash | 733 | 0.000137 |
Cash-settled Equity Swap | 04/06/2024 | 04/06/2024 | Cash | 251610 | 0.047227 |
Cash-settled Equity Swap | 19/06/2024 | 19/06/2024 | Cash | 427000 | 0.080146 |
Cash-settled Equity Swap | 02/07/2024 | 02/07/2024 | Cash | 1005 | 0.000187 |
Cash-settled Equity Swap | 23/07/2024 | 23/07/2024 | Cash | 339099 | 0.063647 |
Cash-settled Equity Swap | 31/07/2024 | 31/07/2024 | Cash | 23853 | 0.004477 |
Cash-settled Equity Swap | 02/08/2024 | 02/08/2024 | Cash | 676 | 0.000126 |
Cash-settled Equity Swap | 22/03/2027 | 22/03/2027 | Cash | 1922 | 0.000360 |
Cash-settled Equity Swap | 30/05/2028 | 30/05/2028 | Cash | 88599 | 0.016627 |
Cash-settled Equity Swap | 12/06/2028 | 12/06/2028 | Cash | 5793 | 0.001087 |
Sub Total 8.B2 | 9557444 | 1.793956% | |||
9. Information in relation to the person subject to the notification obligation
2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)
Ultimate controlling person | Name of controlled undertaking | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold |
JPMorgan Chase & Co. | J.P. Morgan Securities plc | 6.243412 | 8.037368% | |
JPMorgan Chase & Co. | J.P. Morgan Securities LLC |
10. In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional Information
Chain of controlled undertakings:JPMorgan Chase & Co.JPMorgan Chase Bank, National Association (100%)J.P. Morgan International Finance Limited (100%)J.P. Morgan Capital Holdings Limited (100%)J.P. Morgan Securities plc (100%)JPMorgan Chase & Co.JPMorgan Chase Holdings LLC (100%)J.P. Morgan Broker-Dealer Holdings Inc. (100%)J.P. Morgan Securities LLC (100%)
12. Date of Completion
04-Jul-2023
13. Place Of Completion
London
Related Shares:
NETW.L