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The Vanguard Group, Inc. Files Form 8.3 - Disclosure for Network International Holdings plc

The Vanguard Group, Inc. has publicly disclosed its shareholding and dealings in relation to Network International Holdings plc as required under Rule 8.3 of the Takeover Code. The disclosure, dated 14 March 2024, details The Vanguard Group's positions as of 13 March 2024, showing interests that exceed 1% of the relevant securities of Network International Holdings plc.

According to the disclosure, The Vanguard Group, Inc. holds 21,621,178 shares of 10p ordinary class, equivalent to 4.06% of the company. This position reflects the shares owned and/or controlled by the investment firm. The report also mentions a sale of 8,960 shares at a price of 3.85 GBP per unit. The Vanguard Group clarified that there are no indemnity or dealing arrangements, nor agreements, arrangements or understandings relating to the voting rights of Network International Holdings plc's securities. This transparency comes amid regulatory requirements for significant shareholders in the context of acquisitions and mergers.

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