Holding(s) in Company

Network International Holdings PLC

06 December 2023

 

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BH3VJ782

Issuer Name

NETWORK INTERNATIONAL HOLDINGS PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Bank of America Corporation

City of registered office (if applicable)

Country of registered office (if applicable)

US

4. Details of the shareholder

Name	City of registered office	Country of registered office
Merrill Lynch International	London	United Kingdom

5. Date on which the threshold was crossed or reached

01-Dec-2023

6. Date on which Issuer notified

04-Dec-2023

7. Total positions of person(s) subject to the notification obligation

	% of voting rights attached to shares (total of 8.A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)	Total of both in % (8.A + 8.B)	Total number of voting rights held in issuer
Resulting situation on the date on which threshold was crossed or reached	4.492417	1.874712	6.367129	33920798
Position of previous notification (if applicable)	0.000129	1.117638	1.117767

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

Class/Type of shares ISIN code(if possible)	Number of direct voting rights (DTR5.1)	Number of indirect voting rights (DTR5.2.1)	% of direct voting rights (DTR5.1)	% of indirect voting rights (DTR5.2.1)
GB00BH3VJ782		23932601		4.492288
US64132B1026		688		0.000129
Sub Total 8.A	23933289		4.492417%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

Type of financial instrument	Expiration date	Exercise/conversion period	Number of voting rights that may be acquired if the instrument is exercised/converted	% of voting rights
Right to Recall	N/A	N/A	1596	0.000300
Sub Total 8.B1			1596	0.000300%

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of financial instrument	Expiration date	Exercise/conversion period	Physical or cash settlement	Number of voting rights	% of voting rights
Swaps	31/07/2024	N/A	Cash	1173321	0.220239
Swaps	27/08/2024	N/A	Cash	6883	0.001292
Swaps	18/04/2024	N/A	Cash	1600000	0.300329
Swaps	23/10/2024	N/A	Cash	256000	0.048053
Swaps	17/04/2024	N/A	Cash	1693243	0.317832
Swaps	21/05/2024	N/A	Cash	557053	0.104562
Swaps	24/05/2024	N/A	Cash	199751	0.037494
Swaps	03/06/2024	N/A	Cash	36657	0.006881
Swaps	26/06/2024	N/A	Cash	56862	0.010673
Swaps	28/06/2024	N/A	Cash	116894	0.021942
Swaps	22/07/2024	N/A	Cash	811430	0.152310
Swaps	05/08/2024	N/A	Cash	89126	0.016729
Swaps	12/08/2024	N/A	Cash	32775	0.006152
Swaps	08/07/2024	N/A	Cash	50000	0.009385
Swaps	26/07/2024	N/A	Cash	47461	0.008909
Swaps	30/09/2024	N/A	Cash	6821	0.001280
Swaps	14/10/2024	N/A	Cash	679	0.000127
Swaps	18/11/2024	N/A	Cash	4317	0.000810
Swaps	26/11/2024	N/A	Cash	615642	0.115560
Swaps	09/12/2024	N/A	Cash	12738	0.002391
Swaps	06/05/2025	N/A	Cash	3316	0.000622
Swaps	23/07/2024	N/A	Cash	474944	0.089150
Swaps	21/11/2024	N/A	Cash	1486922	0.279104
Swaps	22/11/2024	N/A	Cash	277979	0.052178
Swaps	25/11/2024	N/A	Cash	375099	0.070408
Sub Total 8.B2				9985913	1.874412%

9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

Ultimate controlling person	Name of controlled undertaking	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
Bank of America Corporation	Bank of America, National Association
Bank of Corporation	Managed Account Advisors, LLC
Bank of America Corporation	Merrill Lynch, Pierce, Fenner & Smith Inc.
Bank of America Corporation	Merrill Lynch International	4.056339		4.814392%
Bank of America Corporation	Bofa Securities Europe SA

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

12. Date of Completion

04-Dec-2023

13. Place Of Completion

United Kingdom

 

END