REG - Morgan Stanley & Co. Network Intnl Hldgs - Form 8.5 (EPT/RI)-Replacement of Network

Morgan StanleyAnnouncement

13/02/2024 15:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240209:nRSI8596Ca&default-theme=true

RNS Number : 0154D  Morgan Stanley & Co. Int'l plc  13 February 2024

AMENDMENT(2(a), 2(b))

FORM 8.5 (EPT/RI)

 

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED
INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY

Rule 8.5 of the Takeover Code (the "Code")

 

1.         KEY INFORMATION

 

 (a) Name of exempt principal trader:                                            Morgan Stanley & Co. International plc
 (b) Name of offeror/offeree in relation to whose relevant securities this form  Network International Holdings plc
 relates:

      Use a separate form for each offeror/offeree
 (c) Name of the party to the offer with which exempt principal trader is        Brookfield Asset Management Limited
 connected:
 (d) Date dealing undertaken:                                                    08 February 2024
 (e) In addition to the company in 1(b) above, is the exempt principal trader    N/A
 making disclosures in respect of any other party to this offer?

      If it is a cash offer or possible cash offer, state "N/A"

 

2.         DEALINGS BY THE EXEMPT PRINCIPAL TRADER

 

Where there have been dealings in more than one class of relevant securities
of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as
appropriate) for each additional class of relevant security dealt in.

 

The currency of all prices and other monetary amounts should be stated.

 

(a)        Purchases and sales

 

 Class of relevant security  Purchases/ sales  Total number of securities  Highest price per unit paid/received  Lowest price per unit paid/received

 10p ordinary                PURCHASES         291,964                     3.8673 GBP                            3.8600 GBP
 10p ordinary                SALES             313,133                     3.8680 GBP                            3.8518 GBP

 

(b)        Cash-settled derivative transactions

 

 Class of relevant security  Product description  Nature of dealing                                                              Number of reference securities  Price per unit

                             e.g. CFD             e.g. opening/closing a long/short position, increasing/reducing a long/short
                                                  position
 10p ordinary                CFD                  increasing a long position                                                     9,986                           3.8636 GBP
 10p ordinary                CFD                  increasing a long position                                                     5,295                           3.8642 GBP
 10p ordinary                CFD                  increasing a long position                                                     65                              3.8666 GBP
 10p ordinary                CFD                  increasing a short position                                                    7,608                           3.8641 GBP
 10p ordinary                CFD                  increasing a short position                                                    823                             3.8642 GBP
 10p ordinary                CFD                  increasing a short position                                                    11                              3.8644 GBP
 10p ordinary                CFD                  increasing a short position                                                    8,804                           3.8651 GBP
 10p ordinary                CFD                  increasing a short position                                                    54,009                          3.8653 GBP
 10p ordinary                CFD                  reducing a long position                                                       15,281                          3.8640 GBP
 10p ordinary                CFD                  reducing a long position                                                       296                             3.8640 GBP
 10p ordinary                CFD                  reducing a short position                                                      5,800                           3.8622 GBP
 10p ordinary                CFD                  reducing a short position                                                      290                             3.8625 GBP
 10p ordinary                CFD                  reducing a short position                                                      57                              3.8625 GBP
 10p ordinary                CFD                  reducing a short position                                                      63                              3.8632 GBP
 10p ordinary                CFD                  reducing a short position                                                      68                              3.8639 GBP
 10p ordinary                CFD                  reducing a short position                                                      2,385                           3.8640 GBP
 10p ordinary                CFD                  reducing a short position                                                      4,995                           3.8640 GBP
 10p ordinary                CFD                  reducing a short position                                                      1,202                           3.8640 GBP
 10p ordinary                CFD                  reducing a short position                                                      83                              3.8640 GBP
 10p ordinary                CFD                  reducing a short position                                                      834                             3.8642 GBP
 10p ordinary                CFD                  reducing a short position                                                      189                             3.8650 GBP
 10p ordinary                CFD                  reducing a short position                                                      372                             3.8650 GBP
 10p ordinary                CFD                  reducing a short position                                                      3,595                           3.8668 GBP
 10p ordinary                CFD                  reducing a short position                                                      265                             3.8761 GBP
 10p ordinary                CFD                  reducing a short position                                                      1,265                           3.8761 GBP
 10p ordinary                CFD                  reducing a short position                                                      806                             3.8761 GBP
 10p ordinary                CFD                  reducing a short position                                                      156                             3.8761 GBP

 

(c)        Stock-settled derivative transactions (including options)

 

(i)         Writing, selling, purchasing or varying

 

 Class of relevant security  Product description e.g. call option  Writing, purchasing, selling, varying etc.  Number of securities to which option relates  Exercise price per unit  Type                           Expiry date  Option money paid/ received per unit

                                                                                                                                                                                      e.g. American, European etc.
 N/A                         N/A                                   N/A                                         N/A                                           N/A                      N/A                            N/A          N/A

 

(ii)        Exercise

 

 Class of relevant security  Product description  Exercising/ exercised against  Number of securities  Exercise price per unit

                             e.g. call option
 N/A                         N/A                  N/A                            N/A                   N/A

 

(d)        Other dealings (including subscribing for new securities)

 

 Class of relevant security  Nature of dealing               Details  Price per unit (if applicable)

                             e.g. subscription, conversion
 N/A                         N/A                             N/A      N/A

 

3.         OTHER INFORMATION

 

(a)        Indemnity and other dealing arrangements

 

 Details of any indemnity or option arrangement, or any agreement or
 understanding, formal or informal, relating to relevant securities which may
 be an inducement to deal or refrain from dealing entered into by the exempt
 principal trader making the disclosure and any party to the offer or any
 person acting in concert with a party to the offer:

 Irrevocable commitments and letters of intent should not be included.  If
 there are no such agreements, arrangements or understandings, state "none"
 NONE

 

(b)        Agreements, arrangements or understandings relating to
options or derivatives

 

 Details of any agreement, arrangement or understanding, formal or informal,
 between the exempt principal trader making the disclosure and any other person
 relating to:

 (i)  the voting rights of any relevant securities under any option; or

 (ii) the voting rights or future acquisition or disposal of any relevant
 securities to which any derivative is referenced:

 If there are no such agreements, arrangements or understandings, state "none"
 NONE

 

 

 Date of disclosure:  13 February 2024
 Contact name:        Craig Horsley
 Telephone number:    +44 141 245-7736

 

Public disclosures under Rule 8 of the Code must be made to a Regulatory
Information Service.

 

The Panel's Market Surveillance Unit is available for consultation in relation
to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk
(http://www.thetakeoverpanel.org.uk) .

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  FERUOVSRSBUUAAR