Holding(s) in Company

Network International Holdings PLC
30 October 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 financial instruments

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

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

 

City of registered office (if applicable)

 

Country of registered office (if applicable)

 

5. Date on which the threshold was crossed or reached

26-Oct-2023

6. Date on which Issuer notified

27-Oct-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

1.344399

5.140829

6.485228

34549969

Position of previous notification (if applicable)

0.224717

1.286996

1.511713


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


5959857


1.118700

US64132B1026


1202409


0.225699

Sub Total 8.A

7162266

1.344399%

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

17753032

3.332347

Sub Total 8.B1


17753032

3.332347%

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

1122008

0.210607

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

624405

0.117204

Swaps

24/05/2024

N/A

Cash

209225

0.039273

Swaps

03/06/2024

N/A

Cash

36657

0.006881

Swaps

26/06/2024

N/A

Cash

62327

0.011699

Swaps

28/06/2024

N/A

Cash

116894

0.021942

Swaps

22/07/2024

N/A

Cash

817047

0.153364

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

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

Sub Total 8.B2


9634671

1.808482%

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


4.019809

4.740038%

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

27-Oct-2023

13. Place Of Completion

United Kingdom

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