NETW — Network International Holdings News Story

0.000.00%

Last trade - 00:00

IndustrialsSpeculativeMid CapHigh Flyer

Market Cap
£2.09bn
Enterprise Value
£2.33bn
Revenue
$490.13m

All News

REG - Network Intnl Hldgs - TR-1: Notification of major holdings

Network International HoldingsAnnouncement

17/04/2019 10:40





 





RNS Number : 4980W
Network International Holdings PLC
17 April 2019
 


TR-1: Standard form for notification of major holdings
 



NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)ⁱ










1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedⁱⁱ:


Network International Holdings plc




1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate)




Non-UK issuer








2. Reason for the notification (please mark the appropriate box or boxes with an "X")




An acquisition or disposal of voting rights


X




An acquisition or disposal of financial instruments








An event changing the breakdown of voting rights








Other (please specify)ⁱⁱⁱ:








3. Details of person subject to the notification obligation^iv




Name


The Capital Group Companies, Inc. ("CGC")




City and country of registered office (if applicable)


Los Angeles, CA 90071, USA




4. Full name of shareholder(s) (if different from 3.)^v




Name








City and country of registered office (if applicable)








5. Date on which the threshold was crossed or reached^vi:


15 April 2019




6. Date on which issuer notified (DD/MM/YYYY):


16 April 2019




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 of issuer^vii




Resulting situation on the date on which threshold was crossed or reached


8.7025%


0.0000%


8.7025%


500,000,000




Position of previous notification (if
applicable)


N/A


N/A


N/A
















 



8. Notified details of the resulting situation on the date on which the threshold was crossed or reached^viii




A: Voting rights attached to shares




Class/type of

shares
ISIN code (if possible)


Number of voting rights^ix


% of voting rights




Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)


Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)


Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)


Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)




Ordinary Shares
(ISIN: GB00BH3VJ782)






43,512,511






8.7025%
















































SUBTOTAL 8. A


43,512,511


8.7025%




 
 




B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))




Type of financial instrument


Expiration

date^x


Exercise/  Conversion Period^xi


Number of voting rights that may be acquired if the instrument is
exercised/converted.


% of voting rights














































































SUBTOTAL 8. B 1












 
 




B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))




Type of financial instrument


Expiration date^x


Exercise/  Conversion Period ^xi


Physical or cash settlement^xii


Number of voting rights


% of voting rights






























































































SUBTOTAL 8.B.2












 
 
 















 



9. Information in relation to the person subject to the notification obligation (please mark the
applicable box with an "X")




Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer^xiii








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 entity^xiv (please add additional rows as necessary)


X




Name^xv


% 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




The Capital Group Companies, Inc.
Holdings by CG Management companies are set out below:


8.7025%


0.0000%


8.7025%




• Capital Guardian Trust Company¹
















• Capital Research and Management Company²


8.4730%


0.0000%


8.4730%




SMALLCAP World Fund ("SCWF")³


6.1283%


0.0000%


6.1283%




¹Indirect subsidiaries of Capital Research and Management Company.
²Subsidiary of The Capital Group Companies, Inc.
³Mutual fund managed by Capital Research and Management Company.




10. In case of proxy voting, please identify:




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^xvi




CGC is the parent company of Capital Research and Management Company ("CRMC").  CRMC is a U.S.-based investment management company that manages the American Funds family of mutual funds.  CRMC manages equity assets for various investment companies through three divisions, Capital Research Global Investors, Capital International Investors and Capital World Investors.  CRMC in turn is the parent company of Capital Group International, Inc. ("CGII"), which in turn is the parent company of five investment management companies ("CGII management companies"): Capital Guardian Trust Company, Capital International, Inc., Capital International Limited, Capital International Sàrl and Capital International K.K.  The CGII management companies primarily serve as investment managers to institutional clients.
 
Neither CGC nor any of its affiliates own shares of Network International Holdings plc for its own account.  Rather, the shares reported on this Notification are owned by accounts under the discretionary investment management of one or more of the investment management companies described above.
 










 



Place of completion


Los Angeles, CA, USA




Date of completion


16 April 2019



 




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 or visit www.rns.com.
 
END
 
 
HOLKDLBFKZFXBBF

NETW — Network International Holdings News Story

REG - Network Intnl Hldgs - TR-1: Notification of major holdings

Recent news on Network International Holdings

REG - Moneta Asset Mgmt. Network Intnl Hldgs - Form 8.3 - Network International Holdings PLC

REG - BlackRock Group Network Intnl Hldgs - Form 8.3 - Network International Holdings plc

REG - UBS O'Connor Network Intnl Hldgs - Form 8.3 - Network International Holdings Plc

REG-Millennium Partners, L.P. Form 8.3 - Network International Holdings plc

REG - Legal&Gen Inv Mgmnt Network Intnl Hldgs - Form 8.3 - Network International Holdings plc

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)ⁱ

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedⁱⁱ:			Network International Holdings plc
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights						X
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify)ⁱⁱⁱ:
3. Details of person subject to the notification obligation^iv
Name			The Capital Group Companies, Inc. ("CGC")
City and country of registered office (if applicable)			Los Angeles, CA 90071, USA
4. Full name of shareholder(s) (if different from 3.)^v
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reached^vi:			15 April 2019
6. Date on which issuer notified (DD/MM/YYYY):			16 April 2019
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 of issuer^vii
Resulting situation on the date on which threshold was crossed or reached	8.7025%	0.0000%		8.7025%	500,000,000
Position of previous notification (if applicable)	N/A	N/A		N/A

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached^viii
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)		Number of voting rights^ix					% of voting rights
		Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)		Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)			Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)		Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)
Ordinary Shares (ISIN: GB00BH3VJ782)				43,512,511					8.7025%


SUBTOTAL 8. A		43,512,511					8.7025%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Type of financial instrument		Expiration date^x	Exercise/ Conversion Period^xi			Number of voting rights that may be acquired if the instrument is exercised/converted.			% of voting rights



			SUBTOTAL 8. B 1

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of financial instrument	Expiration date^x		Exercise/ Conversion Period ^xi		Physical or cash settlement^xii			Number of voting rights	% of voting rights



					SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer^xiii
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 entity^xiv (please add additional rows as necessary)				X
Name^xv	% 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
The Capital Group Companies, Inc. Holdings by CG Management companies are set out below:	8.7025%	0.0000%	8.7025%
• Capital Guardian Trust Company¹
• Capital Research and Management Company²	8.4730%	0.0000%	8.4730%
SMALLCAP World Fund ("SCWF")³	6.1283%	0.0000%	6.1283%
¹Indirect subsidiaries of Capital Research and Management Company. ²Subsidiary of The Capital Group Companies, Inc. ³Mutual fund managed by Capital Research and Management Company.
10. In case of proxy voting, please identify:
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^xvi
CGC is the parent company of Capital Research and Management Company ("CRMC"). CRMC is a U.S.-based investment management company that manages the American Funds family of mutual funds. CRMC manages equity assets for various investment companies through three divisions, Capital Research Global Investors, Capital International Investors and Capital World Investors. CRMC in turn is the parent company of Capital Group International, Inc. ("CGII"), which in turn is the parent company of five investment management companies ("CGII management companies"): Capital Guardian Trust Company, Capital International, Inc., Capital International Limited, Capital International Sàrl and Capital International K.K. The CGII management companies primarily serve as investment managers to institutional clients. Neither CGC nor any of its affiliates own shares of Network International Holdings plc for its own account. Rather, the shares reported on this Notification are owned by accounts under the discretionary investment management of one or more of the investment management companies described above.

Place of completion	Los Angeles, CA, USA
Date of completion	16 April 2019