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Network Intnl Hldgs (NETW)

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Friday 31 July, 2020

Network Intnl Hldgs

Issuance of Capital and Total Voting Rights

RNS Number : 7801U
Network International Holdings PLC
31 July 2020

Network International Holdings Plc


Issuance of Capital and Total Voting Rights, 31 July 2020


Network International Holdings Plc (LSE: NETW) (the "Company"), the leading enabler of digital commerce across the Middle East and Africa (MEA), announces the allotment of 50,000,000 ordinary shares of 10p each ("Ordinary Shares") fully paid. These shares were issued for cash on 31 July 2020 at a price of 410p per share, which equates to a premium of 400p per share. The new shares will rank pari passu with the existing issued Ordinary Shares of the Company.


Issued Shares and Total Voting Rights

As at 31 July 2020, the issued share capital of the Company comprised 550,000,000 Ordinary Shares of 10p each. Each Ordinary Share carries the right to one vote at a General Meeting of the Company and, therefore, the total number of voting rights in the Company on 31 July 2020 is 550,000,000.

The above figure of 550,000,000 ordinary shares 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, Network International Holdings Plc. under the FCA's Disclosure Guidance and Transparency Rules.


This is issued in compliance with the requirements of FCA's Disclosure Guidance and Transparency Rules DTR 5.6.1 R and DTR 5.6.1A R.


For further information, please contact:

Jaishree Razzaq

Chief Risk Officer & Group Company Secretary

Network International Holdings Plc.

Email: [email protected]

Legal Entity Identifier: 213800VRNKWENNLKK60

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