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	26-03-2024
(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:	9,738,773	1.83	0	0
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0	0	0
TOTAL:	9,738,773	1.83	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	52	393.20
10p ordinary share	Equity swap	increasing a long position	108	393.40
10p ordinary share	Equity swap	increasing a long position	113	393.60
10p ordinary share	Equity swap	increasing a long position	113	393.20
10p ordinary share	Equity swap	increasing a long position	131	393.40
10p ordinary share	Equity swap	increasing a long position	144	393.40
10p ordinary share	Equity swap	increasing a long position	155	393.60
10p ordinary share	Equity swap	increasing a long position	166	393.20
10p ordinary share	Equity swap	increasing a long position	175	393.40
10p ordinary share	Equity swap	increasing a long position	183	393.40
10p ordinary share	Equity swap	increasing a long position	237	393.40
10p ordinary share	Equity swap	increasing a long position	320	393.60
10p ordinary share	Equity swap	increasing a long position	465	393.60
10p ordinary share	Equity swap	increasing a long position	467	393.40
10p ordinary share	Equity swap	increasing a long position	501	393.40
10p ordinary share	Equity swap	increasing a long position	634	393.50
10p ordinary share	Equity swap	increasing a long position	663	393.40
10p ordinary share	Equity swap	increasing a long position	673	393.40
10p ordinary share	Equity swap	increasing a long position	698	393.50
10p ordinary share	Equity swap	increasing a long position	713	393.80
10p ordinary share	Equity swap	increasing a long position	713	393.40
10p ordinary share	Equity swap	increasing a long position	720	393.40
10p ordinary share	Equity swap	increasing a long position	727	393.40
10p ordinary share	Equity swap	increasing a long position	729	393.60
10p ordinary share	Equity swap	increasing a long position	730	393.40
10p ordinary share	Equity swap	increasing a long position	737	393.60
10p ordinary share	Equity swap	increasing a long position	746	393.50
10p ordinary share	Equity swap	increasing a long position	776	393.60
10p ordinary share	Equity swap	increasing a long position	781	393.50
10p ordinary share	Equity swap	increasing a long position	785	393.40
10p ordinary share	Equity swap	increasing a long position	789	393.60
10p ordinary share	Equity swap	increasing a long position	795	393.50
10p ordinary share	Equity swap	increasing a long position	807	393.40
10p ordinary share	Equity swap	increasing a long position	812	393.60
10p ordinary share	Equity swap	increasing a long position	821	393.50
10p ordinary share	Equity swap	increasing a long position	832	393.50
10p ordinary share	Equity swap	increasing a long position	843	393.50
10p ordinary share	Equity swap	increasing a long position	858	393.50
10p ordinary share	Equity swap	increasing a long position	861	393.40
10p ordinary share	Equity swap	increasing a long position	884	393.50
10p ordinary share	Equity swap	increasing a long position	893	393.80
10p ordinary share	Equity swap	increasing a long position	915	393.40
10p ordinary share	Equity swap	increasing a long position	1008	393.40
10p ordinary share	Equity swap	increasing a long position	1033	393.50
10p ordinary share	Equity swap	increasing a long position	1228	393.20
10p ordinary share	Equity swap	increasing a long position	1278	393.60
10p ordinary share	Equity swap	increasing a long position	1621	393.50
10p ordinary share	Equity swap	increasing a long position	1672	393.20
10p ordinary share	Equity swap	increasing a long position	1990	393.60
10p ordinary share	Equity swap	increasing a long position	2107	393.60
10p ordinary share	Equity swap	increasing a long position	2618	393.60
10p ordinary share	Equity swap	increasing a long position	4060	393.20
10p ordinary share	Equity swap	increasing a long position	7313	393.60
10p ordinary share	Equity swap	increasing a long position	9015	393.80
10p ordinary share	Equity swap	increasing a long position	14669	393.80
10p ordinary share	Equity swap	increasing a long position	17928	393.60
10p ordinary share	Equity swap	decreasing a long position	17	393.60
10p ordinary share	Equity swap	decreasing a long position	38	393.40
10p ordinary share	Equity swap	decreasing a long position	90	393.40
10p ordinary share	Equity swap	decreasing a long position	133	393.40
10p ordinary share	Equity swap	decreasing a long position	135	393.40
10p ordinary share	Equity swap	decreasing a long position	164	393.40
10p ordinary share	Equity swap	decreasing a long position	167	393.20
10p ordinary share	Equity swap	decreasing a long position	195	393.40
10p ordinary share	Equity swap	decreasing a long position	274	393.40
10p ordinary share	Equity swap	decreasing a long position	291	393.40
10p ordinary share	Equity swap	decreasing a long position	502	393.40
10p ordinary share	Equity swap	decreasing a long position	549	393.40
10p ordinary share	Equity swap	decreasing a long position	651	393.40
10p ordinary share	Equity swap	decreasing a long position	751	393.40
10p ordinary share	Equity swap	decreasing a long position	1055	393.40
10p ordinary share	Equity swap	decreasing a long position	1063	393.40
10p ordinary share	Equity swap	decreasing a long position	1115	393.40
10p ordinary share	Equity swap	decreasing a long position	1217	393.40
10p ordinary share	Equity swap	decreasing a long position	1315	393.40
10p ordinary share	Equity swap	decreasing a long position	1375	393.40
10p ordinary share	Equity swap	decreasing a long position	1402	393.40
10p ordinary share	Equity swap	decreasing a long position	1453	393.40
10p ordinary share	Equity swap	decreasing a long position	1470	393.40
10p ordinary share	Equity swap	decreasing a long position	3135	393.40
10p ordinary share	Equity swap	decreasing a long position	3331	393.60
10p ordinary share	Equity swap	decreasing a long position	4096	393.40
10p ordinary share	Equity swap	decreasing a long position	5850	393.40
10p ordinary share	Equity swap	decreasing a long position	6000	393.60
10p ordinary share	Equity swap	decreasing a long position	6818	393.40
10p ordinary share	Equity swap	decreasing a long position	7100	393.40
10p ordinary share	Equity swap	decreasing a long position	7878	393.40
10p ordinary share	Equity swap	decreasing a long position	10000	393.40
10p ordinary share	Equity swap	decreasing a long position	10252	393.40
10p ordinary share	Equity swap	decreasing a long position	11125	393.40
10p ordinary share	Equity swap	decreasing a long position	11849	393.40
10p ordinary share	Equity swap	decreasing a long position	20000	393.40
10p ordinary share	Equity swap	decreasing a long position	24836	393.40

(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:	27-03-2024
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: 1218059

Time of Receipt (offset from UTC): 20240327T131601+0000