Vanguard Group Discloses Position in Network International Holdings

The Vanguard Group, Inc. has officially disclosed its shareholding position in Network International Holdings plc, as per the regulations of Form 8.3 tied to the Takeover Code. The investment manager reported holding 4.11% of the entity, equating to 21,900,764 ordinary shares as of April 30, 2024.

Additionally, at the price of 3.93 GBP per share, Vanguard further expanded its position by purchasing an additional 33,128 shares of Network International Holdings. The portfolio disclosure was made public to maintain transparency surrounding shares and dealings over the threshold of 1% significant stake requirement set by current takeover regulations.