Company Announcements

Transaction in Own Shares

Source: RNS
RNS Number : 1461C
Network International Holdings PLC
07 October 2022

7 October 2022: Network International Holdings Plc


Transaction in own shares


Network International Holdings Plc. (LSE: NETW) (the "Company") announces that on 6 October 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 Average Price

paid per Share*




Trading Currency











*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 3,387,394 of its ordinary shares in treasury and has 557,714,296 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 can be found at:



Jaishree Razzaq

Chief Risk Officer & Group Company Secretary Network International Holdings Plc



Investor Relations enquiries

Network International


Amie Gramlick, Head of Investor Relations


Media enquiries


Ben Foster, Andy Parnis


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