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Vanguard Group Discloses Position in Network International Holdings

The Vanguard Group, Inc. reported its shareholding in Network International Holdings plc on May 6, 2024, according to Form 8.3 rules defined by the Takeover Code. The announcement disclosed Vanguard's control over a total of 21,941,604 shares, constituting approximately 4.12% of the company's ordinary stock.

In addition to equity holdings, a transaction detail was provided where Vanguard purchased 204 shares of Network International Holdings at a price of 3.93 GBP per unit on May 3, 2024. Meanwhile, the form confirmed that Vanguard holds no rights to subscribe for new securities or any cash-settled or stock-settled derivative positions related to the firm. Furthermore, there were no indemnities, option arrangements, or any other agreements intended to influence dealings disclosed.

Shawn Acker serves as the contact representative for The Vanguard Group regarding this filing, suggesting adherence to transparent reporting in large equity position holdings and market activity.

R. H.

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