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Network Intnl Hldgs (NETW)

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Tuesday 22 September, 2020

Network Intnl Hldgs

Director share purchases

RNS Number : 6506Z
Network International Holdings PLC
22 September 2020
 

Network International Holdings Plc

 

Director Dealings

 

22 September 2020

 

Network International Holdings plc (LSE: NETW) (the Company) was notified on 21st September 2020, that Darren Pope, Senior Independent Director, and Rohit Malhotra, Group Chief Financial Officer, purchased a total of 8,824 shares and 20,000 shares respectively of the Company.

 

These share purchases, alongwith the purchases notified by the Company on 21st September 2020, demonstrate the confidence that Network International directors have in the long-term growth prospects of the Company, and follow several recent transactions that have seen management increase their overall shareholding.

 

NOTIFICATION AND PUBLIC DISCLOSURE IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU MARKET ABUSE REGULATION (Article 19(1) of Regulation (EU) No. 596/2014) OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMR") AND PERSONS CLOSELY ASSOCIATED WITH THEM.

 

 

1

Details of PDMR


a.

Name

Darren Pope

2

Reason for Notification


a.

Position / Status

Director

b.

Initial Notification / Amendment

Initial Notification

3

Details of the Issuer


a.

Name

Network International Holdings Plc

b.

Legal Entity Identifier

213800XVRNKWENNLKK60

4

Details of the Transaction(s)


a.

Description of the Financial Instrument

Shares

b.

Identification Code

GB00BH3VJ782

c.

Nature of the Transaction

Acquisition of Shares of Network International Holdings Plc

d.

Date & Place of Transaction

21 September 2020, London Stock Exchange, Main Market (XLON)

e.

Price(s) and Volume(s)

Price  Volume



£ 2.244  8,824 Ordinary Shares

f.

Additional information



- Aggregated volume

8,824 Ordinary shares


- Aggregated price

£ 19,801.06

 

 

1

Details of PDMR


a.

Name

Rohit Malhotra

2

Reason for Notification


a.

Position / Status

Group Chief Financial Officer

b.

Initial Notification / Amendment

Initial Notification

3

Details of the Issuer


a.

Name

Network International Holdings Plc

b.

Legal Entity Identifier

213800XVRNKWENNLKK60

4

Details of the Transaction(s)


a.

Description of the Financial Instrument

Shares

b.

Identification Code

GB00BH3VJ782

c.

Nature of the Transaction

Acquisition of Shares of Network International Holdings Plc

d.

Date & Place of Transaction

21 September 2020, London Stock Exchange, Main Market (XLON)

e.

Price(s) and Volume(s)

Price  Volume



£ 2.352  20,000 Ordinary Shares

f.

Additional information



- Aggregated volume

20,000 Ordinary shares


- Aggregated price

£ 47,040

 

 

Network International Holdings Plc (LSE: NETW), is the leading enabler of digital commerce across the Middle East and Africa (MEA).

 

Enquiries

Network International

 

Jay Razzaq: Chief Risk Officer & Group Company Secretary

[email protected]

 

 

Amie Gramlick: Head of Investor Relations

[email protected]

 

 

Finsbury

[email protected]

James Leviton, Rob Allen: Media Relations

 

 

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