The Vanguard Group, Inc. Announces Stake in Network International Holdings plc

The Vanguard Group, Inc. disclosed its holding in Network International Holdings plc, controlling an interest that surpasses the 1% threshold, as mandated by Rule 8.3 of the Takeover Code. The disclosure, made public on 10 April 2024, reveals The Vanguard Group owns 21,770,311 shares, equaling about 4.09% of Network International Holdings plc's 10p ordinary shares.

The reported dealings include a purchase of 1,486 shares at a price of 3.94 GBP per unit, highlighting The Vanguard Group’s active participation in the market for Network International Holdings plc’s shares. The date of the position held precedes the disclosure by one day, noted as 09 April 2024, underlining the promptness in reporting as required by the regulatory framework guiding such disclosures.

No additional dealings in other classes of relevant securities were reported, nor were there any open stock-settled derivatives or any agreements or arrangements that would affect their disclosed interest. Furthermore, The Vanguard Group’s communication confirmed that there are no indemnity or other dealing arrangements in place that could influence its position on dealing or refraining from dealing in the relevant securities of Network International Holdings plc.