The Vanguard Group, Inc. unveils its position in Network International Holdings plc

The Vanguard Group, Inc. recently released a statement in accordance with Rule 8.3 of the Takeover Code, disclosing its position in Network International Holdings plc as of February 22, 2024. According to the document, the group holds 21,649,811 ordinary shares of 10p each, representing a total stake of 4.06% in the company.

Furthermore, the filing indicates a specific transaction where The Vanguard Group sold 41,200 ordinary shares of Network International Holdings at a price of 3.83 GBP per share. This transaction is part of their fund management and investment portfolio activities, reflecting the group's strategic moves in the financial sector.

The filing does not mention any open positions in cash or stock derivatives, nor any subscription rights for new securities. It is also specified that The Vanguard Group has no ongoing compensation agreements or other transaction arrangements, and no agreements regarding options or derivatives, underscoring the transparency of this disclosure.