Form 8.3 - Network International Holdings PLC

LONDON--()-- 

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

28-03-2024

(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:

 

9,858,452

1.85

0

0

(3) Stock-settled derivatives (including options) and agreements to purchase/sell:

0

0

0

0

 

TOTAL:

9,858,452

1.85

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

395.00

10p ordinary share

Equity swap

increasing a long position

2

395.00

10p ordinary share

Equity swap

increasing a long position

2

393.20

10p ordinary share

Equity swap

increasing a long position

3

395.00

10p ordinary share

Equity swap

increasing a long position

76

393.80

10p ordinary share

Equity swap

increasing a long position

102

393.20

10p ordinary share

Equity swap

increasing a long position

139

393.20

10p ordinary share

Equity swap

increasing a long position

210

393.60

10p ordinary share

Equity swap

increasing a long position

289

393.20

10p ordinary share

Equity swap

increasing a long position

332

393.60

10p ordinary share

Equity swap

increasing a long position

402

393.20

10p ordinary share

Equity swap

increasing a long position

418

393.20

10p ordinary share

Equity swap

increasing a long position

439

393.60

10p ordinary share

Equity swap

increasing a long position

474

393.40

10p ordinary share

Equity swap

increasing a long position

504

393.40

10p ordinary share

Equity swap

increasing a long position

620

393.30

10p ordinary share

Equity swap

increasing a long position

635

394.00

10p ordinary share

Equity swap

increasing a long position

653

393.20

10p ordinary share

Equity swap

increasing a long position

693

393.60

10p ordinary share

Equity swap

increasing a long position

700

394.60

10p ordinary share

Equity swap

increasing a long position

701

393.40

10p ordinary share

Equity swap

increasing a long position

711

393.30

10p ordinary share

Equity swap

increasing a long position

714

393.30

10p ordinary share

Equity swap

increasing a long position

717

393.40

10p ordinary share

Equity swap

increasing a long position

717

393.20

10p ordinary share

Equity swap

increasing a long position

722

393.30

10p ordinary share

Equity swap

increasing a long position

723

393.40

10p ordinary share

Equity swap

increasing a long position

725

393.40

10p ordinary share

Equity swap

increasing a long position

727

393.30

10p ordinary share

Equity swap

increasing a long position

740

393.60

10p ordinary share

Equity swap

increasing a long position

746

393.40

10p ordinary share

Equity swap

increasing a long position

749

393.20

10p ordinary share

Equity swap

increasing a long position

755

394.60

10p ordinary share

Equity swap

increasing a long position

755

394.10

10p ordinary share

Equity swap

increasing a long position

755

393.40

10p ordinary share

Equity swap

increasing a long position

758

393.40

10p ordinary share

Equity swap

increasing a long position

760

393.30

10p ordinary share

Equity swap

increasing a long position

765

393.40

10p ordinary share

Equity swap

increasing a long position

774

393.80

10p ordinary share

Equity swap

increasing a long position

809

393.50

10p ordinary share

Equity swap

increasing a long position

828

393.50

10p ordinary share

Equity swap

increasing a long position

830

393.50

10p ordinary share

Equity swap

increasing a long position

832

393.50

10p ordinary share

Equity swap

increasing a long position

835

393.40

10p ordinary share

Equity swap

increasing a long position

836

393.40

10p ordinary share

Equity swap

increasing a long position

860

393.50

10p ordinary share

Equity swap

increasing a long position

861

393.20

10p ordinary share

Equity swap

increasing a long position

867

393.50

10p ordinary share

Equity swap

increasing a long position

994

393.30

10p ordinary share

Equity swap

increasing a long position

1141

393.20

10p ordinary share

Equity swap

increasing a long position

1141

393.20

10p ordinary share

Equity swap

increasing a long position

1177

393.60

10p ordinary share

Equity swap

increasing a long position

1362

393.20

10p ordinary share

Equity swap

increasing a long position

1382

393.40

10p ordinary share

Equity swap

increasing a long position

1508

393.60

10p ordinary share

Equity swap

increasing a long position

2117

393.40

10p ordinary share

Equity swap

increasing a long position

2287

393.40

10p ordinary share

Equity swap

increasing a long position

2370

393.60

10p ordinary share

Equity swap

increasing a long position

2668

393.20

10p ordinary share

Equity swap

increasing a long position

2858

393.60

10p ordinary share

Equity swap

increasing a long position

3000

393.60

10p ordinary share

Equity swap

increasing a long position

3000

393.60

10p ordinary share

Equity swap

increasing a long position

3000

393.60

10p ordinary share

Equity swap

increasing a long position

3177

393.20

10p ordinary share

Equity swap

increasing a long position

3542

393.60

10p ordinary share

Equity swap

increasing a long position

4056

393.20

10p ordinary share

Equity swap

increasing a long position

4420

393.20

10p ordinary share

Equity swap

increasing a long position

5320

393.40

10p ordinary share

Equity swap

increasing a long position

5527

393.60

10p ordinary share

Equity swap

increasing a long position

6750

393.40

10p ordinary share

Equity swap

increasing a long position

9430

393.40

10p ordinary share

Equity swap

increasing a long position

23585

395.00

10p ordinary share

Equity swap

increasing a long position

33976

393.60

10p ordinary share

Equity swap

decreasing a long position

3

395.00

10p ordinary share

Equity swap

decreasing a long position

378

393.40

10p ordinary share

Equity swap

decreasing a long position

400

393.40

10p ordinary share

Equity swap

decreasing a long position

551

393.40

10p ordinary share

Equity swap

decreasing a long position

1015

393.40

10p ordinary share

Equity swap

decreasing a long position

1037

393.20

10p ordinary share

Equity swap

decreasing a long position

1081

393.40

10p ordinary share

Equity swap

decreasing a long position

1094

393.20

10p ordinary share

Equity swap

decreasing a long position

1108

393.40

10p ordinary share

Equity swap

decreasing a long position

1220

393.20

10p ordinary share

Equity swap

decreasing a long position

1431

393.40

10p ordinary share

Equity swap

decreasing a long position

1581

393.20

10p ordinary share

Equity swap

decreasing a long position

2304

393.20

10p ordinary share

Equity swap

decreasing a long position

2723

393.20

10p ordinary share

Equity swap

decreasing a long position

2982

393.20

10p ordinary share

Equity swap

decreasing a long position

6202

393.20

10p ordinary share

Equity swap

decreasing a long position

6203

393.20

10p ordinary share

Equity swap

decreasing a long position

6797

393.20

10p ordinary share

Equity swap

decreasing a long position

14688

393.20

10p ordinary share

Equity swap

decreasing a long position

22311

393.20

(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:

02-04-2024

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 +44 (0)20 7638 0129. The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

Category Code: RET
Sequence Number: 1219350
Time of Receipt (offset from UTC): 20240402T135123+0100

Contacts

Qube Research & Technologies LTD

Contacts

Qube Research & Technologies LTD