Vanguard Group Announces Position in Network International Holdings

The Vanguard Group, Inc. disclosed its position regarding Network International Holdings plc through a public opening position disclosure. As per the requirements of Rule 8.3 of the Takeover Code, the Group reported holding 22,002,081 ordinary shares in Network International Holdings, representing a 4.13% interest in the company as of 13 May 2024. The disclosure is meant to provide transparency under the rules governing takeover bids and transactions.

Additionally, the filing included details of recent trading activities involving Network International's ordinary shares. Specifically, Vanguard purchased 7,766 shares and sold 6,023 shares, each transaction at a price of 3.93 GBP per share. No open positions in stock-settled derivatives or rights to subscribe for new securities were reported. Vanguard confirmed there are no indemnity or other dealing arrangements influencing these dealings, suggesting a standard investment movement.