Form 8.3 - Network International Holdings PLC Amendment

LONDON--(BUSINESS WIRE)-- 

FORM 8.3

AMENDMENT TO SECTION 3b BELOW

Initial disclosure sent on 16/11/2023 at 11.44am

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	15/11/2023
(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:	6,778,817	1.27	0	0
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0	0	0
TOTAL:	6,778,817	1.27	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	32	393.2
10p Ordinary Share	Equity swap	increasing a long position	815	393.4
10p Ordinary Share	Equity swap	increasing a long position	2744	394
10p Ordinary Share	Equity swap	increasing a long position	3495	393.4
10p Ordinary Share	Equity swap	increasing a long position	763	393.2
10p Ordinary Share	Equity swap	increasing a long position	246	393.2
10p Ordinary Share	Equity swap	increasing a long position	3971	393.6
10p Ordinary Share	Equity swap	increasing a long position	3	392.8
10p Ordinary Share	Equity swap	increasing a long position	292	392.6
10p Ordinary Share	Equity swap	increasing a long position	385	392.8
10p Ordinary Share	Equity swap	increasing a long position	46	392.8
10p Ordinary Share	Equity swap	increasing a long position	487	392.6
10p Ordinary Share	Equity swap	increasing a long position	1023	392.6
10p Ordinary Share	Equity swap	increasing a long position	4069	394
10p Ordinary Share	Equity swap	increasing a long position	5000	393.4
10p Ordinary Share	Equity swap	increasing a long position	1837	393.8
10p Ordinary Share	Equity swap	increasing a long position	2218	392.6
10p Ordinary Share	Equity swap	increasing a long position	754	392.6
10p Ordinary Share	Equity swap	increasing a long position	845	392.8
10p Ordinary Share	Equity swap	increasing a long position	387	393.2
10p Ordinary Share	Equity swap	increasing a long position	721	392.6
10p Ordinary Share	Equity swap	increasing a long position	5	392.8
10p Ordinary Share	Equity swap	increasing a long position	384	393.2
10p Ordinary Share	Equity swap	increasing a long position	463	392.6
10p Ordinary Share	Equity swap	increasing a long position	4000	393.6
10p Ordinary Share	Equity swap	increasing a long position	1062	393
10p Ordinary Share	Equity swap	increasing a long position	527	392.8
10p Ordinary Share	Equity swap	increasing a long position	109	394
10p Ordinary Share	Equity swap	increasing a long position	484	393.2
10p Ordinary Share	Equity swap	increasing a long position	582	393.2
10p Ordinary Share	Equity swap	increasing a long position	98	392.8
10p Ordinary Share	Equity swap	increasing a long position	35	393.4
10p Ordinary Share	Equity swap	increasing a long position	31	393.6
10p Ordinary Share	Equity swap	increasing a long position	631	394
10p Ordinary Share	Equity swap	increasing a long position	199	393
10p Ordinary Share	Equity swap	increasing a long position	706	393.4
10p Ordinary Share	Equity swap	increasing a long position	182	393.8
10p Ordinary Share	Equity swap	increasing a long position	11	392.6
10p Ordinary Share	Equity swap	increasing a long position	2365	394
10p Ordinary Share	Equity swap	increasing a long position	27	393.4
10p Ordinary Share	Equity swap	increasing a long position	175	393.4
10p Ordinary Share	Equity swap	increasing a long position	201	393
10p Ordinary Share	Equity swap	increasing a long position	189	392.8
10p Ordinary Share	Equity swap	increasing a long position	112	392.8
10p Ordinary Share	Equity swap	increasing a long position	612	393.2
10p Ordinary Share	Equity swap	increasing a long position	10000	393.8
10p Ordinary Share	Equity swap	increasing a long position	87	393.4
10p Ordinary Share	Equity swap	increasing a long position	82	393.8
10p Ordinary Share	Equity swap	increasing a long position	304	392.6
10p Ordinary Share	Equity swap	increasing a long position	549	393.2
10p Ordinary Share	Equity swap	increasing a long position	224	394
10p Ordinary Share	Equity swap	increasing a long position	317	393.2
10p Ordinary Share	Equity swap	increasing a long position	808	393.2
10p Ordinary Share	Equity swap	increasing a long position	5490	394
10p Ordinary Share	Equity swap	increasing a long position	711	393.2
10p Ordinary Share	Equity swap	increasing a long position	207	393.6
10p Ordinary Share	Equity swap	increasing a long position	292	392.6
10p Ordinary Share	Equity swap	increasing a long position	254	393.4
10p Ordinary Share	Equity swap	increasing a long position	96	392.8
10p Ordinary Share	Equity swap	increasing a long position	254	393.4
10p Ordinary Share	Equity swap	increasing a long position	111	393.2
10p Ordinary Share	Equity swap	increasing a long position	1780	392.6
10p Ordinary Share	Equity swap	increasing a long position	151	392.6
10p Ordinary Share	Equity swap	increasing a long position	247	393.4
10p Ordinary Share	Equity swap	increasing a long position	248	393.8
10p Ordinary Share	Equity swap	increasing a long position	824	393.2
10p Ordinary Share	Equity swap	increasing a long position	388	392.6
10p Ordinary Share	Equity swap	increasing a long position	6336	392.6
10p Ordinary Share	Equity swap	increasing a long position	82	393.2
10p Ordinary Share	Equity swap	increasing a long position	248	393
10p Ordinary Share	Equity swap	increasing a long position	3	392.8
10p Ordinary Share	Equity swap	increasing a long position	2196	392.6
10p Ordinary Share	Equity swap	increasing a long position	20	392.8
10p Ordinary Share	Equity swap	increasing a long position	1045	393.4
10p Ordinary Share	Equity swap	increasing a long position	496	393
10p Ordinary Share	Equity swap	increasing a long position	404	392.8
10p Ordinary Share	Equity swap	increasing a long position	2218	392.6
10p Ordinary Share	Equity swap	increasing a long position	15	393.2
10p Ordinary Share	Equity swap	increasing a long position	709	393.4
10p Ordinary Share	Equity swap	increasing a long position	507	393.4
10p Ordinary Share	Equity swap	increasing a long position	436	393.2
10p Ordinary Share	Equity swap	increasing a long position	402	393.6
10p Ordinary Share	Equity swap	increasing a long position	1300	392.6
10p Ordinary Share	Equity swap	decreasing a long position	727	392.6
10p Ordinary Share	Equity swap	decreasing a long position	232	393.6
10p Ordinary Share	Equity swap	decreasing a long position	1191	393.6
10p Ordinary Share	Equity swap	decreasing a long position	532	394
10p Ordinary Share	Equity swap	decreasing a long position	649	393.6
10p Ordinary Share	Equity swap	decreasing a long position	1175	394
10p Ordinary Share	Equity swap	decreasing a long position	997	392.8
10p Ordinary Share	Equity swap	decreasing a long position	1000	393.4
10p Ordinary Share	Equity swap	decreasing a long position	565	393.6
10p Ordinary Share	Equity swap	decreasing a long position	4720	394
10p Ordinary Share	Equity swap	decreasing a long position	735	394
10p Ordinary Share	Equity swap	decreasing a long position	1191	393.4
10p Ordinary Share	Equity swap	decreasing a long position	96	392.8
10p Ordinary Share	Equity swap	decreasing a long position	420	393.4
10p Ordinary Share	Equity swap	decreasing a long position	1191	393.6
10p Ordinary Share	Equity swap	decreasing a long position	444	394
10p Ordinary Share	Equity swap	decreasing a long position	8	393.6
10p Ordinary Share	Equity swap	decreasing a long position	2760	394
10p Ordinary Share	Equity swap	decreasing a long position	1191	393.4

(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:	16/11/2023
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: 1193430

Time of Receipt (offset from UTC): 20231117T164313+0000