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
JPMorgan Chase & Co.
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 |
J.P. Morgan Securities plc |
|
|
5. Date on which the threshold was crossed or reached
18-Oct-2023
6. Date on which Issuer notified
20-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 |
5.081387 |
1.715079 |
6.796466 |
36208188 |
Position of previous notification (if applicable) |
4.902223 |
1.628189 |
6.530412 |
|
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 |
|
27071026 |
|
5.081387 |
Sub Total 8.A |
27071026 |
5.081387% |
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 |
|
|
|
|
|
Sub Total 8.B1 |
|
|
|
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 |
Cash-settled Equity Swap |
29/11/2023 |
29/11/2023 |
Cash |
3009 |
0.000564 |
Cash-settled Equity Swap |
14/02/2024 |
14/02/2024 |
Cash |
2657269 |
0.498784 |
Cash-settled Equity Swap |
17/05/2024 |
17/05/2024 |
Cash |
733 |
0.000137 |
Cash-settled Equity Swap |
04/06/2024 |
04/06/2024 |
Cash |
178518 |
0.033501 |
Cash-settled Equity Swap |
19/06/2024 |
19/06/2024 |
Cash |
827000 |
0.155229 |
Cash-settled Equity Swap |
23/07/2024 |
23/07/2024 |
Cash |
108777 |
0.020417 |
Cash-settled Equity Swap |
31/07/2024 |
31/07/2024 |
Cash |
23853 |
0.004477 |
Cash-settled Equity Swap |
10/09/2024 |
10/09/2024 |
Cash |
5224951 |
0.980753 |
Cash-settled Equity Swap |
31/10/2024 |
31/10/2024 |
Cash |
71689 |
0.013456 |
Cash-settled Equity Swap |
03/12/2024 |
03/12/2024 |
Cash |
287 |
0.000053 |
Cash-settled Equity Swap |
22/03/2027 |
22/03/2027 |
Cash |
776 |
0.000145 |
Cash-settled Equity Swap |
30/05/2028 |
30/05/2028 |
Cash |
35003 |
0.006569 |
Cash-settled Equity Swap |
12/06/2028 |
12/06/2028 |
Cash |
5297 |
0.000994 |
Sub Total 8.B2 |
|
9137162 |
1.715079% |
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 |
JPMorgan Chase & Co. |
J.P. Morgan Securities plc |
5.079554 |
|
6.794633% |
JPMorgan Chase & Co. |
J.P. Morgan Securities LLC |
|
|
|
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
Chain of controlled undertakings:
JPMorgan Chase & Co.
JPMorgan Chase Bank, National Association (100%)
J.P. Morgan International Finance Limited (100%)
J.P. Morgan Capital Holdings Limited (100%)
J.P. Morgan Securities plc (100%)
JPMorgan Chase & Co.
JPMorgan Chase Holdings LLC (100%)
J.P. Morgan Broker-Dealer Holdings Inc. (100%)
J.P. Morgan Securities LLC (100%)
12. Date of Completion
20-Oct-2023
13. Place Of Completion
London