Vanguard Group Reports Stake in Network International Holdings

The Vanguard Group, Inc. has disclosed a significant ownership in Network International Holdings plc, controlling 4.10% of the company. This position was reported as part of a mandatory disclosure under the Takeover Code, highlighting their transparency in financial dealings.

According to the latest report, as of 22 April 2024, Vanguard holds 21,869,197 shares of the 10p ordinary class. The document also notes a recent transaction where Vanguard purchased 27,716 of these shares at a price of 3.94 GBP each. This move indicates Vanguard's ongoing investment interest and confidence in Network International Holdings.

No additional dealings in derivatives, options, or other securities were reported, and Vanguard did not disclose any indemnity or dealing arrangements related to these holdings. The firm emphasized the absence of any formal agreements, arrangements, or understandings between itself and other parties regarding these securities.