Vanguard Group Reports Ownership Stake in Network International Holdings

The Vanguard Group, Inc. disclosed an ownership position in Network International Holdings plc, amounting to approximately 4.13% of the company's shares. This position corresponds to 22,014,057 ordinary shares, according to a disclosure filed on May 15, 2024. The data provided complies with Rule 8.3 of the Takeover Code, which addresses public opening position disclosures or dealing disclosures by persons holding interests in relevant securities of 1% or more.

The disclosure also included a transaction in which The Vanguard Group acquired additional 11,976 shares of Network International Holdings at a price of 3.91 GBP per share on May 14, 2024. According to the filing, Vanguard does not hold any cash-settled or stock-settled derivative positions related to Network International Holdings, nor are there any agreements or arrangements concerning the voting rights of the relevant securities. The filing emphasizes transparency in adherence to regulatory requirements governing significant ownership and transaction disclosures.