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	05/10/2023
(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:	7,012,978	1.32	0	0
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0	0	0
TOTAL:	7,012,978	1.32	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	1	390.6
10p Ordinary Share	Equity swap	increasing a long position	679	391.1
10p Ordinary Share	Equity swap	increasing a long position	182	391.1
10p Ordinary Share	Equity swap	increasing a long position	677	391
10p Ordinary Share	Equity swap	increasing a long position	8	391
10p Ordinary Share	Equity swap	increasing a long position	2	391
10p Ordinary Share	Equity swap	increasing a long position	459	391
10p Ordinary Share	Equity swap	increasing a long position	355	391
10p Ordinary Share	Equity swap	increasing a long position	981	391
10p Ordinary Share	Equity swap	increasing a long position	299	391
10p Ordinary Share	Equity swap	increasing a long position	860	391.2
10p Ordinary Share	Equity swap	increasing a long position	609	391.2
10p Ordinary Share	Equity swap	increasing a long position	365	391.2
10p Ordinary Share	Equity swap	increasing a long position	1496	391.4
10p Ordinary Share	Equity swap	increasing a long position	1944	391.4
10p Ordinary Share	Equity swap	increasing a long position	1808	391.4
10p Ordinary Share	Equity swap	increasing a long position	1932	391.4
10p Ordinary Share	Equity swap	increasing a long position	1183	391.4
10p Ordinary Share	Equity swap	increasing a long position	243	391.4
10p Ordinary Share	Equity swap	increasing a long position	772	391.4
10p Ordinary Share	Equity swap	increasing a long position	1758	391.4
10p Ordinary Share	Equity swap	increasing a long position	475	391.4
10p Ordinary Share	Equity swap	increasing a long position	27	391.4
10p Ordinary Share	Equity swap	increasing a long position	1463	391.4
10p Ordinary Share	Equity swap	increasing a long position	976	391.4
10p Ordinary Share	Equity swap	increasing a long position	2837	391
10p Ordinary Share	Equity swap	increasing a long position	2287	391
10p Ordinary Share	Equity swap	increasing a long position	246	390.9
10p Ordinary Share	Equity swap	increasing a long position	1562	391
10p Ordinary Share	Equity swap	increasing a long position	1482	391
10p Ordinary Share	Equity swap	increasing a long position	701	391
10p Ordinary Share	Equity swap	increasing a long position	640	391
10p Ordinary Share	Equity swap	increasing a long position	2659	391
10p Ordinary Share	Equity swap	increasing a long position	1813	391
10p Ordinary Share	Equity swap	increasing a long position	748	390.8
10p Ordinary Share	Equity swap	increasing a long position	1991	390.8
10p Ordinary Share	Equity swap	increasing a long position	678	390.9
10p Ordinary Share	Equity swap	increasing a long position	1615	391.2
10p Ordinary Share	Equity swap	increasing a long position	1364	391.2
10p Ordinary Share	Equity swap	increasing a long position	1187	392
10p Ordinary Share	Equity swap	increasing a long position	841	392
10p Ordinary Share	Equity swap	increasing a long position	699	392
10p Ordinary Share	Equity swap	increasing a long position	359	392
10p Ordinary Share	Equity swap	increasing a long position	748	392
10p Ordinary Share	Equity swap	increasing a long position	745	392
10p Ordinary Share	Equity swap	increasing a long position	251	392
10p Ordinary Share	Equity swap	increasing a long position	873	392
10p Ordinary Share	Equity swap	increasing a long position	347	392
10p Ordinary Share	Equity swap	increasing a long position	763	392
10p Ordinary Share	Equity swap	increasing a long position	856	392
10p Ordinary Share	Equity swap	increasing a long position	639	392
10p Ordinary Share	Equity swap	increasing a long position	212	391.5
10p Ordinary Share	Equity swap	increasing a long position	351	392
10p Ordinary Share	Equity swap	increasing a long position	545	392
10p Ordinary Share	Equity swap	increasing a long position	1078	392
10p Ordinary Share	Equity swap	increasing a long position	1444	392
10p Ordinary Share	Equity swap	increasing a long position	877	392
10p Ordinary Share	Equity swap	increasing a long position	853	392
10p Ordinary Share	Equity swap	increasing a long position	1	392
10p Ordinary Share	Equity swap	increasing a long position	909	392.8
10p Ordinary Share	Equity swap	increasing a long position	338	392.6
10p Ordinary Share	Equity swap	increasing a long position	120	392.6
10p Ordinary Share	Equity swap	increasing a long position	15	392.6
10p Ordinary Share	Equity swap	increasing a long position	70	392.6
10p Ordinary Share	Equity swap	increasing a long position	270	392
10p Ordinary Share	Equity swap	increasing a long position	300	392
10p Ordinary Share	Equity swap	increasing a long position	500	392
10p Ordinary Share	Equity swap	increasing a long position	119	392
10p Ordinary Share	Equity swap	increasing a long position	1455	392.8
10p Ordinary Share	Equity swap	increasing a long position	107	392.5
10p Ordinary Share	Equity swap	increasing a long position	819	392.5
10p Ordinary Share	Equity swap	increasing a long position	864	392
10p Ordinary Share	Equity swap	increasing a long position	878	392
10p Ordinary Share	Equity swap	increasing a long position	748	392
10p Ordinary Share	Equity swap	increasing a long position	634	392
10p Ordinary Share	Equity swap	increasing a long position	748	392
10p Ordinary Share	Equity swap	increasing a long position	881	392
10p Ordinary Share	Equity swap	increasing a long position	564	392
10p Ordinary Share	Equity swap	increasing a long position	485	392
10p Ordinary Share	Equity swap	increasing a long position	1449	392
10p Ordinary Share	Equity swap	increasing a long position	748	392
10p Ordinary Share	Equity swap	increasing a long position	627	392
10p Ordinary Share	Equity swap	increasing a long position	1496	392
10p Ordinary Share	Equity swap	increasing a long position	200	392
10p Ordinary Share	Equity swap	increasing a long position	1205	392
10p Ordinary Share	Equity swap	increasing a long position	3	391.8
10p Ordinary Share	Equity swap	decreasing a long position	1426	391.8
10p Ordinary Share	Equity swap	decreasing a long position	424	391.8
10p Ordinary Share	Equity swap	decreasing a long position	797	391.6
10p Ordinary Share	Equity swap	decreasing a long position	748	391.6
10p Ordinary Share	Equity swap	decreasing a long position	46	391.4
10p Ordinary Share	Equity swap	decreasing a long position	994	391.6
10p Ordinary Share	Equity swap	decreasing a long position	100	391.6
10p Ordinary Share	Equity swap	decreasing a long position	100	391.5
10p Ordinary Share	Equity swap	decreasing a long position	325	391.4
10p Ordinary Share	Equity swap	decreasing a long position	339	391.4
10p Ordinary Share	Equity swap	decreasing a long position	376	391.2
10p Ordinary Share	Equity swap	decreasing a long position	75	391.2
10p Ordinary Share	Equity swap	decreasing a long position	40	391.2
10p Ordinary Share	Equity swap	decreasing a long position	1230	391
10p Ordinary Share	Equity swap	decreasing a long position	1232	390.6
10p Ordinary Share	Equity swap	decreasing a long position	3996	393
10p Ordinary Share	Equity swap	decreasing a long position	-683	391
10p Ordinary Share	Equity swap	decreasing a long position	-88	391
10p Ordinary Share	Equity swap	decreasing a long position	-155	391
10p Ordinary Share	Equity swap	decreasing a long position	-157	391
10p Ordinary Share	Equity swap	decreasing a long position	-48	391
10p Ordinary Share	Equity swap	decreasing a long position	-157	391
10p Ordinary Share	Equity swap	decreasing a long position	-157	391
10p Ordinary Share	Equity swap	decreasing a long position	-157	391
10p Ordinary Share	Equity swap	decreasing a long position	-157	391
10p Ordinary Share	Equity swap	decreasing a long position	-365	391
10p Ordinary Share	Equity swap	decreasing a long position	-584	391
10p Ordinary Share	Equity swap	decreasing a long position	-886	391
10p Ordinary Share	Equity swap	decreasing a long position	-2322	391
10p Ordinary Share	Equity swap	decreasing a long position	-157	391
10p Ordinary Share	Equity swap	decreasing a long position	-335	391.2
10p Ordinary Share	Equity swap	decreasing a long position	-748	390.8
10p Ordinary Share	Equity swap	decreasing a long position	-1991	390.8
10p Ordinary Share	Equity swap	decreasing a long position	-1580	390.8
10p Ordinary Share	Equity swap	decreasing a long position	-678	390.8
10p Ordinary Share	Equity swap	decreasing a long position	-1337	390.8
10p Ordinary Share	Equity swap	decreasing a long position	-1195	390.8
10p Ordinary Share	Equity swap	decreasing a long position	-1862	390.8
10p Ordinary Share	Equity swap	decreasing a long position	-1580	390.8
10p Ordinary Share	Equity swap	decreasing a long position	-796	391.2
10p Ordinary Share	Equity swap	decreasing a long position	-2848	391.2
10p Ordinary Share	Equity swap	decreasing a long position	-2342	392
10p Ordinary Share	Equity swap	decreasing a long position	-850	392
10p Ordinary Share	Equity swap	decreasing a long position	-338	392.2
10p Ordinary Share	Equity swap	decreasing a long position	-344	392.2
10p Ordinary Share	Equity swap	decreasing a long position	-991	392.4
10p Ordinary Share	Equity swap	decreasing a long position	-319	392.2
10p Ordinary Share	Equity swap	decreasing a long position	-95	392.2
10p Ordinary Share	Equity swap	decreasing a long position	-356	392.2
10p Ordinary Share	Equity swap	decreasing a long position	-202	392.2
10p Ordinary Share	Equity swap	decreasing a long position	-485	392
10p Ordinary Share	Equity swap	decreasing a long position	-627	392
10p Ordinary Share	Equity swap	decreasing a long position	-17	391
10p Ordinary Share	Equity swap	decreasing a long position	-5280	391
10p Ordinary Share	Equity swap	decreasing a long position	-4	391
10p Ordinary Share	Equity swap	decreasing a long position	-1395	391
10p Ordinary Share	Equity swap	decreasing a long position	-7291	391
10p Ordinary Share	Equity swap	decreasing a long position	-1266	391
10p Ordinary Share	Equity swap	decreasing a long position	-930	391
10p Ordinary Share	Equity swap	decreasing a long position	-2943	391
10p Ordinary Share	Equity swap	decreasing a long position	-5000	391
10p Ordinary Share	Equity swap	decreasing a long position	-3904	391
10p Ordinary Share	Equity swap	decreasing a long position	-12119	391
10p Ordinary Share	Equity swap	decreasing a long position	-863	391.4
10p Ordinary Share	Equity swap	decreasing a long position	-305	391.4
10p Ordinary Share	Equity swap	decreasing a long position	-2490	390.2
10p Ordinary Share	Equity swap	decreasing a long position	-14787	390.2

(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:	06/10/2023
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: 1168300

Time of Receipt (offset from UTC): 20231006T054247+0100