REG - Network Intnl Hldgs Bank of America Corp - Holding(s) in Company

Network International HoldingsAnnouncement

04/12/2023 16:00

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RNS Number : 5365V  Network International Holdings PLC  04 December 2023

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

Bank of America Corporation

City of registered office (if applicable)

 

Country of registered office (if applicable)

US

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the
notification obligation, above

 

City of registered office (if applicable)

 

Country of registered office (if applicable)

 

5. Date on which the threshold was crossed or reached

30-Nov-2023

6. Date on which Issuer notified

01-Dec-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  0.000129                                              1.117638                                                                   1.117767                        5954884
 Position of previous notification (if applicable)                          4.684895                                              1.851091                                                                   6.535986

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)
 US64132B1026                                                                          688                                                                              0.000129
 Sub Total 8.A                                688                                                                                   0.000129%

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  % of voting rights
                                                                            exercised/converted

 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
 Swaps                         31/07/2024       N/A                         Cash                         1172265                  0.220041
 Swaps                         27/08/2024       N/A                         Cash                         6883                     0.001292
 Swaps                         18/04/2024       N/A                         Cash                         800000                   0.150165
 Swaps                         23/10/2024       N/A                         Cash                         256000                   0.048053
 Swaps                         17/04/2024       N/A                         Cash                         1693243                  0.317832
 Swaps                         21/05/2024       N/A                         Cash                         557053                   0.104562
 Swaps                         24/05/2024       N/A                         Cash                         200874                   0.037705
 Swaps                         03/06/2024       N/A                         Cash                         36657                    0.006881
 Swaps                         26/06/2024       N/A                         Cash                         62327                    0.011699
 Swaps                         28/06/2024       N/A                         Cash                         116894                   0.021942
 Swaps                         22/07/2024       N/A                         Cash                         194031                   0.036421
 Swaps                         05/08/2024       N/A                         Cash                         89126                    0.016729
 Swaps                         12/08/2024       N/A                         Cash                         32775                    0.006152
 Swaps                         08/07/2024       N/A                         Cash                         50000                    0.009385
 Swaps                         26/07/2024       N/A                         Cash                         47461                    0.008909
 Swaps                         30/09/2024       N/A                         Cash                         6821                     0.001280
 Swaps                         14/10/2024       N/A                         Cash                         679                      0.000127
 Swaps                         18/11/2024       N/A                         Cash                         4317                     0.000810
 Swaps                         26/11/2024       N/A                         Cash                         615642                   0.115560
 Swaps                         09/12/2024       N/A                         Cash                         11148                    0.002093
 Sub Total 8.B2                                                                                          5954196                  1.117638%

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  Total of both if it equals or is higher than the notifiable threshold
                                                                                                                                                          than the notifiable threshold
 Bank of America Corporation  Bank of America, National Association
 Bank of Corporation          Managed Account Advisors, LLC
 Bank of America Corporation  Merrill Lynch, Pierce, Fenner & Smith Inc.

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

 

12. Date of Completion

01-Dec-2023

13. Place Of Completion

United Kingdom

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