Transaction in Own Shares

RNS Number : 2932W

Network International Holdings PLC

17 August 2022

 

17 August 2022: Network International Holdings Plc

Transaction in own shares

 

Network International Holdings Plc. (LSE: NETW) (the "Company") announces that on 16 August 2022, it has purchased its own ordinary shares through its broker Citigroup Global Markets Limited as detailed below:

 

Trade Date	Daily Number of Shares Purchased	Lowest Price paid per Share	Highest Price paid per Share	Volume Weighted Averag Price paid per Share*	Venue	Trading Currency
16-Aug-22	627	235.80p	236.00p	235.99p	BATE	GBP
16-Aug-22	719	236.00p	236.00p	236.00p	CHIX	GBP
16-Aug-22	2,359	235.40p	235.60p	235.55p	XLON	GBP
TOTAL	3,705

*rounded to two decimals

These share purchases form a part of the share buyback programme of up to an aggregate purchase price of USD 100 million announced on 11 August 2022 (the "Buyback Programme"). The Buyback Programme, which started on 15 August 2022, is based on the authorisation granted by the Company's Annual General Meeting on 19 May 2022.

The Company will hold the repurchased shares in treasury. Following the above transactions, the Company holds 3,705 of its ordinary shares in treasury and has 561,097,985 ordinary shares in issue (excluding treasury shares), which corresponds to the total number of voting rights.

This figure for the total number of voting rights 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, the Company under the FCA's Disclosure Guidance and Transparency Rules.

This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction.

Transaction details

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) as incorporated into and implemented under English law (including by virtue of the European Union (Withdrawal) Act 2018), the detailed breakdown of individual trades made by Citigroup Global Markets Limited on behalf of the Company as part of the Buyback Programme is set out below.

Jaishree Razzaq

Chief Risk Officer & Group Company Secretary

Network International Holdings Plc

(LEI: 213800XVRNKWENNLKK60)

Investor Relations enquiries

Network International  [e-mail]

Amie Gramlick, Head of Investor Relations    

Media enquiries

Teneo  [e-mail]

Ben Foster, Andy Parnis 

 

Schedule of Purchases

Shares purchased: Network International Holdings Plc (ISIN: GB00BH3VJ782)

Date of purchases: 16 August 2022

Intermediary firm: Citigroup Global Markets Limited

Intermediary Code: SBILGB2L

 

Table of individual trades

 

Date of Transaction	Time of Transaction	Time Zone	Number of Shares	Price per share	Currency	Venue	Transaction Reference Number
16/08/2022	15:35:29	GMT+1	112	236.00	GBp	CHIX	xHa9T0c0oMF
16/08/2022	15:31:32	GMT+1	927	235.60	GBp	XLON	xHa9T0c0@21
16/08/2022	15:31:32	GMT+1	555	235.40	GBp	XLON	xHa9T0c0@2v
16/08/2022	11:37:47	GMT+1	19	235.80	GBp	BATE	xHa9T0c2aI$
16/08/2022	11:37:47	GMT+1	587	235.60	GBp	XLON	xHa9T0c2aIv
16/08/2022	11:37:47	GMT+1	33	235.60	GBp	XLON	xHa9T0c2aIx
16/08/2022	11:37:47	GMT+1	257	235.60	GBp	XLON	xHa9T0c2aIz
16/08/2022	11:37:43	GMT+1	608	236.00	GBp	BATE	xHa9T0c2aSS
16/08/2022	11:37:43	GMT+1	607	236.00	GBp	CHIX	xHa9T0c2aSU

 

 

END

 

 

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