Form 8.3 - NETWORK INTERNATIONAL HOLDINGS PLC

LONDON--(BUSINESS WIRE)-- 

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:	Qube Research & Technologies Limited
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) 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
(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: For an opening position disclosure, state the latest practicable date prior to the disclosure	08/09/2023
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state “N/A”	N/A

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(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 Share
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	0	0	0	0
(2) Cash-settled derivatives:	7,236,742	1.36	0	0
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0	0	0
TOTAL:	7,236,742	1.36	0	0

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists:	0
Details, including nature of the rights concerned and relevant percentages:	0

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(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

Purchase/sale

Number of securities

Price per unit

(b) Cash-settled derivative transactions

Class of relevant security	Product description e.g. call option	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of securities	Exercise price per unit
10p Ordinary Share	Equity swap	increasing a long position	81	390
10p Ordinary Share	Equity swap	increasing a long position	578	389.8
10p Ordinary Share	Equity swap	increasing a long position	188	390
10p Ordinary Share	Equity swap	increasing a long position	4	389
10p Ordinary Share	Equity swap	increasing a long position	50	390.4
10p Ordinary Share	Equity swap	increasing a long position	782	389.7
10p Ordinary Share	Equity swap	increasing a long position	1541	389.8
10p Ordinary Share	Equity swap	increasing a long position	1667	390
10p Ordinary Share	Equity swap	increasing a long position	1012	389.6
10p Ordinary Share	Equity swap	increasing a long position	243	390.4
10p Ordinary Share	Equity swap	increasing a long position	8	389.8
10p Ordinary Share	Equity swap	increasing a long position	22356	391
10p Ordinary Share	Equity swap	increasing a long position	945	389.4
10p Ordinary Share	Equity swap	increasing a long position	557	389.4
10p Ordinary Share	Equity swap	increasing a long position	2111	389.7
10p Ordinary Share	Equity swap	increasing a long position	596	390.5
10p Ordinary Share	Equity swap	increasing a long position	962	390
10p Ordinary Share	Equity swap	increasing a long position	27	390
10p Ordinary Share	Equity swap	increasing a long position	1964	390
10p Ordinary Share	Equity swap	increasing a long position	148	390.2
10p Ordinary Share	Equity swap	increasing a long position	341	390.2
10p Ordinary Share	Equity swap	increasing a long position	574	390
10p Ordinary Share	Equity swap	increasing a long position	29	390
10p Ordinary Share	Equity swap	increasing a long position	1236	390
10p Ordinary Share	Equity swap	increasing a long position	22	389.8
10p Ordinary Share	Equity swap	increasing a long position	760	389.8
10p Ordinary Share	Equity swap	increasing a long position	3304	389.6
10p Ordinary Share	Equity swap	increasing a long position	227	390
10p Ordinary Share	Equity swap	increasing a long position	1768	390
10p Ordinary Share	Equity swap	increasing a long position	101	389.4
10p Ordinary Share	Equity swap	increasing a long position	237	389.9
10p Ordinary Share	Equity swap	increasing a long position	822	389.9
10p Ordinary Share	Equity swap	increasing a long position	615	389.8
10p Ordinary Share	Equity swap	increasing a long position	1266	389.8
10p Ordinary Share	Equity swap	increasing a long position	330	390
10p Ordinary Share	Equity swap	increasing a long position	124	390.4
10p Ordinary Share	Equity swap	increasing a long position	1544	389.8
10p Ordinary Share	Equity swap	increasing a long position	1339	390
10p Ordinary Share	Equity swap	increasing a long position	1	390
10p Ordinary Share	Equity swap	increasing a long position	139	390
10p Ordinary Share	Equity swap	increasing a long position	1217	390
10p Ordinary Share	Equity swap	increasing a long position	2920	389.4
10p Ordinary Share	Equity swap	increasing a long position	847	390.2
10p Ordinary Share	Equity swap	increasing a long position	52	389.8
10p Ordinary Share	Equity swap	increasing a long position	945	389.4
10p Ordinary Share	Equity swap	increasing a long position	1004	389.5
10p Ordinary Share	Equity swap	increasing a long position	1066	390
10p Ordinary Share	Equity swap	increasing a long position	945	389.8
10p Ordinary Share	Equity swap	increasing a long position	863	389.7
10p Ordinary Share	Equity swap	increasing a long position	1300	389.6
10p Ordinary Share	Equity swap	increasing a long position	186	389.8
10p Ordinary Share	Equity swap	increasing a long position	619	389.8
10p Ordinary Share	Equity swap	increasing a long position	185	389.4
10p Ordinary Share	Equity swap	increasing a long position	134	390
10p Ordinary Share	Equity swap	increasing a long position	720	390.4
10p Ordinary Share	Equity swap	increasing a long position	259	389.8
10p Ordinary Share	Equity swap	increasing a long position	2839	390.8
10p Ordinary Share	Equity swap	increasing a long position	700	389.8
10p Ordinary Share	Equity swap	increasing a long position	965	390
10p Ordinary Share	Equity swap	increasing a long position	963	390
10p Ordinary Share	Equity swap	increasing a long position	623	389.8
10p Ordinary Share	Equity swap	increasing a long position	528	390.2
10p Ordinary Share	Equity swap	increasing a long position	107	390
10p Ordinary Share	Equity swap	increasing a long position	1557	389.6
10p Ordinary Share	Equity swap	increasing a long position	1361	390
10p Ordinary Share	Equity swap	increasing a long position	1062	389.8
10p Ordinary Share	Equity swap	increasing a long position	892	390.1
10p Ordinary Share	Equity swap	increasing a long position	202	390.2
10p Ordinary Share	Equity swap	increasing a long position	625	390.2
10p Ordinary Share	Equity swap	increasing a long position	976	389.8
10p Ordinary Share	Equity swap	increasing a long position	117	390
10p Ordinary Share	Equity swap	increasing a long position	568	389.8
10p Ordinary Share	Equity swap	increasing a long position	1097	389.6
10p Ordinary Share	Equity swap	increasing a long position	547	389.9
10p Ordinary Share	Equity swap	increasing a long position	1300	389.7
10p Ordinary Share	Equity swap	increasing a long position	120	389.6
10p Ordinary Share	Equity swap	increasing a long position	1304	390
10p Ordinary Share	Equity swap	increasing a long position	1061	390
10p Ordinary Share	Equity swap	increasing a long position	477	390
10p Ordinary Share	Equity swap	increasing a long position	1805	389.5
10p Ordinary Share	Equity swap	increasing a long position	974	389.6
10p Ordinary Share	Equity swap	increasing a long position	1742	390
10p Ordinary Share	Equity swap	increasing a long position	297	390.4
10p Ordinary Share	Equity swap	increasing a long position	29	390
10p Ordinary Share	Equity swap	increasing a long position	1529	391
10p Ordinary Share	Equity swap	increasing a long position	1021	390
10p Ordinary Share	Equity swap	increasing a long position	10	390.2
10p Ordinary Share	Equity swap	increasing a long position	494	390
10p Ordinary Share	Equity swap	increasing a long position	1952	390
10p Ordinary Share	Equity swap	increasing a long position	1008	390.2
10p Ordinary Share	Equity swap	increasing a long position	607	389.7
10p Ordinary Share	Equity swap	increasing a long position	63	390.4
10p Ordinary Share	Equity swap	increasing a long position	544	390
10p Ordinary Share	Equity swap	increasing a long position	27	390
10p Ordinary Share	Equity swap	increasing a long position	2340	390
10p Ordinary Share	Equity swap	increasing a long position	623	389.8
10p Ordinary Share	Equity swap	increasing a long position	1005	389.6
10p Ordinary Share	Equity swap	increasing a long position	364	390
10p Ordinary Share	Equity swap	increasing a long position	888	390
10p Ordinary Share	Equity swap	increasing a long position	1505	389.4
10p Ordinary Share	Equity swap	increasing a long position	1017	390
10p Ordinary Share	Equity swap	increasing a long position	306	389.6
10p Ordinary Share	Equity swap	increasing a long position	980	390
10p Ordinary Share	Equity swap	increasing a long position	211	389.8
10p Ordinary Share	Equity swap	increasing a long position	695	389.4
10p Ordinary Share	Equity swap	increasing a long position	136	390
10p Ordinary Share	Equity swap	increasing a long position	671	390
10p Ordinary Share	Equity swap	increasing a long position	1162	390
10p Ordinary Share	Equity swap	increasing a long position	703	390.5
10p Ordinary Share	Equity swap	increasing a long position	1774	390
10p Ordinary Share	Equity swap	increasing a long position	312	390.4
10p Ordinary Share	Equity swap	decreasing a long position	1505	389.4
10p Ordinary Share	Equity swap	decreasing a long position	3702	389.4
10p Ordinary Share	Equity swap	decreasing a long position	200	389.8
10p Ordinary Share	Equity swap	decreasing a long position	2920	389.4

(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

(ii) Exercise

Class of relevant security	Product description e.g. call option	Exercising/ exercised against	Number of securities	Exercise price per unit
0	0	0	0	0

(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)
0	0	0	0

4. 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 person 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 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 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

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:	11/09/2023
Contact name:	Stuart Brown
Telephone number:	00442070722969

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 disclosure requirements on [phone].

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

Category Code: RET

Sequence Number: 1160109

Time of Receipt (offset from UTC): 20230911T120623+0100