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Vanguard Discloses Stake in Network International Holdings

The Vanguard Group, Inc. has released a public disclosure revealing a significant ownership in Network International Holdings plc. According to the disclosure, Vanguard controls a 4.12% interest in Network International, totaling 21,957,813 shares. This position was held as of May 7, 2024.

The document details recent transactions including the purchase and sale of shares. Specifically, Vanguard purchased 10,846 shares at 3.92 GBP and 9,579 shares at 3.93 GBP. They also sold 4,216 shares at 3.93 GBP. All transactions involve the 10p ordinary class of shares. No derivative transactions were reported.

This disclosure is mandated under Rule 8.3 of the Takeover Code, which requires any person with an interest in relevant securities representing 1% or more to disclose their position, particularly during the context of a takeover or similar corporate action.

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