Form 8.3 - Network International Holdings plc

LONDON--(BUSINESS WIRE)-- 

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a) Full name of discloser:	Qube Research & Technologies Limited
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	Network International Holdings plc
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure	16/02/2024
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state “N/A”	N/A

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:	10p Ordinary Share
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	0	0	0	0
(2) Cash-settled derivatives:	9,240,828	1.73	0	0
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0	0	0
TOTAL:	9,240,828	1.73	0	0

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists:	0
Details, including nature of the rights concerned and relevant percentages:	0

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a) Purchases and sales

Class of relevant security

Purchase/sale

Number of securities

Price per unit

(b) Cash-settled derivative transactions

Class of relevant security	Product description e.g. call option	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of securities	Exercise price per unit
10p Ordinary Share	Equity swap	increasing a long position	1827	383.4
10p Ordinary Share	Equity swap	increasing a long position	284	383.4
10p Ordinary Share	Equity swap	increasing a long position	1454	383
10p Ordinary Share	Equity swap	increasing a long position	54	383.4
10p Ordinary Share	Equity swap	increasing a long position	111	383
10p Ordinary Share	Equity swap	increasing a long position	478	385
10p Ordinary Share	Equity swap	increasing a long position	325	383.2
10p Ordinary Share	Equity swap	increasing a long position	237	383.6
10p Ordinary Share	Equity swap	increasing a long position	622	383
10p Ordinary Share	Equity swap	increasing a long position	90	383.6
10p Ordinary Share	Equity swap	increasing a long position	346	383.4
10p Ordinary Share	Equity swap	increasing a long position	162	383
10p Ordinary Share	Equity swap	increasing a long position	5249	383
10p Ordinary Share	Equity swap	increasing a long position	1291	382.6
10p Ordinary Share	Equity swap	increasing a long position	1034	383.6
10p Ordinary Share	Equity swap	increasing a long position	104	383.6
10p Ordinary Share	Equity swap	increasing a long position	1160	383.4
10p Ordinary Share	Equity swap	increasing a long position	439	385
10p Ordinary Share	Equity swap	increasing a long position	246	383.2
10p Ordinary Share	Equity swap	increasing a long position	525	385
10p Ordinary Share	Equity swap	increasing a long position	126	383.4
10p Ordinary Share	Equity swap	increasing a long position	859	382.8
10p Ordinary Share	Equity swap	increasing a long position	724	382.8
10p Ordinary Share	Equity swap	increasing a long position	2164	385
10p Ordinary Share	Equity swap	increasing a long position	2501	383
10p Ordinary Share	Equity swap	increasing a long position	314	382.8
10p Ordinary Share	Equity swap	increasing a long position	188	383.1
10p Ordinary Share	Equity swap	increasing a long position	72	385
10p Ordinary Share	Equity swap	increasing a long position	622	383
10p Ordinary Share	Equity swap	increasing a long position	1249	383.4
10p Ordinary Share	Equity swap	increasing a long position	150	383.2
10p Ordinary Share	Equity swap	increasing a long position	2073	385
10p Ordinary Share	Equity swap	increasing a long position	1265	383
10p Ordinary Share	Equity swap	increasing a long position	20809	383
10p Ordinary Share	Equity swap	increasing a long position	3250	383
10p Ordinary Share	Equity swap	increasing a long position	228	383
10p Ordinary Share	Equity swap	increasing a long position	6547	383
10p Ordinary Share	Equity swap	increasing a long position	1433	383.2
10p Ordinary Share	Equity swap	increasing a long position	618	385
10p Ordinary Share	Equity swap	increasing a long position	21	383
10p Ordinary Share	Equity swap	increasing a long position	242	383
10p Ordinary Share	Equity swap	increasing a long position	533	383.6
10p Ordinary Share	Equity swap	increasing a long position	362	383.6
10p Ordinary Share	Equity swap	increasing a long position	406	383
10p Ordinary Share	Equity swap	increasing a long position	650	382.6
10p Ordinary Share	Equity swap	increasing a long position	150	383.2
10p Ordinary Share	Equity swap	increasing a long position	478	385
10p Ordinary Share	Equity swap	increasing a long position	1664	385
10p Ordinary Share	Equity swap	increasing a long position	523	383.2
10p Ordinary Share	Equity swap	increasing a long position	244	383
10p Ordinary Share	Equity swap	increasing a long position	1051	385
10p Ordinary Share	Equity swap	increasing a long position	234	383
10p Ordinary Share	Equity swap	increasing a long position	2011	383.4
10p Ordinary Share	Equity swap	increasing a long position	1347	383
10p Ordinary Share	Equity swap	increasing a long position	353	383.4
10p Ordinary Share	Equity swap	increasing a long position	611	383.2
10p Ordinary Share	Equity swap	increasing a long position	700	383.4
10p Ordinary Share	Equity swap	increasing a long position	365	383.4
10p Ordinary Share	Equity swap	increasing a long position	177	383.6
10p Ordinary Share	Equity swap	increasing a long position	1698	385
10p Ordinary Share	Equity swap	increasing a long position	99	383.2
10p Ordinary Share	Equity swap	increasing a long position	11	383.6
10p Ordinary Share	Equity swap	increasing a long position	622	383
10p Ordinary Share	Equity swap	decreasing a long position	1949	383.6
10p Ordinary Share	Equity swap	decreasing a long position	925	382.6
10p Ordinary Share	Equity swap	decreasing a long position	1249	383.4
10p Ordinary Share	Equity swap	decreasing a long position	326	385
10p Ordinary Share	Equity swap	decreasing a long position	62	382.6
10p Ordinary Share	Equity swap	decreasing a long position	734	385
10p Ordinary Share	Equity swap	decreasing a long position	826	385
10p Ordinary Share	Equity swap	decreasing a long position	920	382.6
10p Ordinary Share	Equity swap	decreasing a long position	728	385
10p Ordinary Share	Equity swap	decreasing a long position	431	385
10p Ordinary Share	Equity swap	decreasing a long position	797	385
10p Ordinary Share	Equity swap	decreasing a long position	648	385
10p Ordinary Share	Equity swap	decreasing a long position	383	385
10p Ordinary Share	Equity swap	decreasing a long position	2	382.6
10p Ordinary Share	Equity swap	decreasing a long position	404	382.6
10p Ordinary Share	Equity swap	decreasing a long position	737	382.6
10p Ordinary Share	Equity swap	decreasing a long position	1377	385
10p Ordinary Share	Equity swap	decreasing a long position	611	382.6
10p Ordinary Share	Equity swap	decreasing a long position	84	382.6
10p Ordinary Share	Equity swap	decreasing a long position	427	385

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type e.g. American, European etc.

Expiry date

Option money paid/ received per unit

(ii) Exercise

Class of relevant security	Product description e.g. call option	Exercising/ exercised against	Number of securities	Exercise price per unit
0	0	0	0	0

(d) Other dealings (including subscribing for new securities)

Class of relevant security	Nature of dealing e.g. subscription, conversion	Details	Price per unit (if applicable)
0	0	0	0

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

None

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state “none”

None

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:	19/02/2024
Contact name:	Stuart Brown
Telephone number:	00442070722969

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on [phone]. The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

Category Code: RET

Sequence Number: 1209361

Time of Receipt (offset from UTC): 20240219T141642+0000