REG - Network Intnl Hldgs - Holding(s) in Company

Network International HoldingsAnnouncement

17/04/2024 16:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240417:nRSQ0134La&default-theme=true

RNS Number : 0134L  Network International Holdings PLC  17 April 2024

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

JPMorgan Chase & Co.

City of registered office (if applicable)

 

Country of registered office (if applicable)

US

4. Details of the shareholder

 Name                        City of registered office  Country of registered office
 J.P. Morgan Securities plc

5. Date on which the threshold was crossed or reached

12-Apr-2024

6. Date on which Issuer notified

16-Apr-2024

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  7.012417                                              1.845902                                                                   8.858319                        47192717
 Position of previous notification (if applicable)                          6.357532                                              2.001361                                                                   8.358893

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)
 GB00BH3VJ782                                                                          37358579                                                                         7.012417
 Sub Total 8.A                                37358579                                                                              7.012417%

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
 Cash-settled Equity Swap      19/06/2024       19/06/2024                  Cash                         1264556                  0.237354
 Cash-settled Equity Swap      23/07/2024       23/07/2024                  Cash                         10979                    0.002059
 Cash-settled Equity Swap      10/09/2024       10/09/2024                  Cash                         5224951                  0.980753
 Cash-settled Equity Swap      30/10/2024       30/10/2024                  Cash                         3280436                  0.615756
 Cash-settled Equity Swap      29/05/2025       29/05/2025                  Cash                         4176                     0.000779
 Cash-settled Equity Swap      03/06/2025       03/06/2025                  Cash                         8191                     0.001536
 Cash-settled Equity Swap      22/03/2027       22/03/2027                  Cash                         360                      0.000067
 Cash-settled Equity Swap      30/05/2028       30/05/2028                  Cash                         35317                    0.006628
 Cash-settled Equity Swap      12/06/2028       12/06/2028                  Cash                         5172                     0.000970
 Sub Total 8.B2                                                                                          9834138                  1.845902%

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
 JPMorgan Chase & Co.         J.P. Morgan Securities plc      7.010584                                                                                                                                                8.856486%
 JPMorgan Chase & Co.         J.P. Morgan Securities LLC

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

Chain of controlled undertakings:

JPMorgan Chase & Co.

JPMorgan Chase Bank, National Association (100%)

J.P. Morgan International Finance Limited (100%)

J.P. Morgan Capital Holdings Limited (100%)

J.P. Morgan Securities plc (100%)

JPMorgan Chase & Co.

JPMorgan Chase Holdings LLC (100%)

J.P. Morgan Broker-Dealer Holdings Inc. (100%)

J.P. Morgan Securities LLC (100%)

12. Date of Completion

16-Apr-2024

13. Place Of Completion

London, United Kingdom

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  HOLIRMJTMTTBBMI