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NETW - Network International Holdings News Story

264.9p -6.0  -2.2%

Last Trade - 1:35pm

Sector
Industrials
Size
Mid Cap
Market Cap £1.52bn
Enterprise Value £1.55bn
Revenue £232.1m
Position in Universe 350th / 1785

Network Intnl Hldgs - Issuance of Capital and Total Voting Rights

Thu 30th September, 2021 8:33am
RNS Number : 5280N
Network International Holdings PLC
30 September 2021
 

Network International Holdings Plc

 

Issuance of Capital and Total Voting Rights, 30 September 2021

 

Network International Holdings Plc (LSE: NETW) (the "Company"), the leading enabler of digital commerce across the Middle East and Africa (MEA), announces the allotment of 11,101,690 ordinary shares of 10p each ("Ordinary Shares") fully paid on 28 September 2021. These shares were issued towards stock component of the purchase consideration for acquisition of the DPO Group as announced on 29 September 2021, at a price of 410p per share, which equates to a premium of 400p per share. The new shares will rank pari passu with the existing issued Ordinary Shares of the Company.

 

Issued Shares and Total Voting Rights

As at 30 September 2021, the issued share capital of the Company comprised 561,101,690 Ordinary Shares of 10p each. Each Ordinary Share carries the right to one vote at a General Meeting of the Company and, therefore, the total number of voting rights in the Company on 30 September 2021 is 561,101,690.

The above figure of 561,101,690 ordinary shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Network International Holdings Plc. under the FCA's Disclosure Guidance and Transparency Rules.

This is issued in compliance with the requirements of FCA's Disclosure Guidance and Transparency Rules DTR 5.6.1 R and DTR 5.6.1A R.

 

For further information, please contact:

Jaishree Razzaq

Chief Risk Officer & Group Company Secretary

Network International Holdings Plc.

Email: jay.razzaq@network.global

Legal Entity Identifier: 213800VRNKWENNLKK60

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