Director/PDMR Shareholding
04/09/2024 13:10
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RNS Number : 9196C Network International Holdings PLC 04 September 2024
4 September 2024
Network International Holdings plc
("Network International" or the "Group")
Notification and public disclosure of vesting of ADBP Awards to Directors and
Persons Discharging Managerial Responsibilities ("PDMR")
This announcement is made in accordance with Article 19 of the Market Abuse
Regulation ('MAR') and relates to the vesting of Tranche 1 - 2022 ADBP Awards
of ordinary shares by the Executive Directors, who voluntarily deferred their
annual bonus for the year ending 31(st) December 2022 into shares vesting in
two tranches: tranche 1 vesting on 2 September 2024 and tranche 2 vesting on 2
March 2026.
A copy of the FCA notification form in respect of vesting of the award to each
PDMR, as required under the EU Market Abuse Regulation and in the prescribed
format, is set out below.
Notification of a Transaction pursuant to Article 19(3) of the EU Market Abuse
Regulation No 596/2014.
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Nandan Mer
2 Reason for the notification
a) Position/status Group Chief Executive Officer
b) Initial notification/Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Network International Holdings plc
b) LEI 213800XVRNKWENNLKK60
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument Shares
Identification code GB00BH3VJ782
b) Nature of the transaction Vesting of shares in respect of the Tranche 1 - Annual Deferred Bonus Plan
2022 award.
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 11,896 ordinary shares
d) Aggregated information
- Aggregated volume
11,896
- Price Nil
e) Date of the transaction 2 September 2024
f) Place of the transaction London Stock Exchange, Main Market
d)
Aggregated information
- Aggregated volume
- Price
11,896
Nil
e)
Date of the transaction
2 September 2024
f)
Place of the transaction
London Stock Exchange, Main Market
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Rohit Malhotra
2 Reason for the notification
a) Position/status Group Chief Financial Officer
b) Initial notification/Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Network International Holdings plc
b) LEI 213800XVRNKWENNLKK60
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument Shares
Identification code GB00BH3VJ782
b) Nature of the transaction Vesting of shares in respect of the Tranche -1 Annual Deferred Bonus Plan 2022
award.
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 9,895 ordinary shares
d) Aggregated information
- Aggregated volume
9,895
- Price Nil
e) Date of the transaction 2 September 2024
f) Place of the transaction London Stock Exchange, Main Market
d)
Aggregated information
- Aggregated volume
- Price
9,895
Nil
e)
Date of the transaction
2 September 2024
f)
Place of the transaction
London Stock Exchange, Main Market
Enquiries
Network International
Jay Razzaq: Chief Risk Officer & Group Company Secretary jay.razzaq@network.global (mailto:jay.razzaq@network.global)
Amie Gramlick: Senior Vice President Finance - FP&A and Investor Relations InvestorRelations@Network.Global (mailto:InvestorRelations@Network.Global)
Media enquiries
Teneo
NetworkInternational@Teneo.com
Anthony Di Natale, Andy Parnis
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