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Network International majority owners sell down part of stake

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Sept 5 (Reuters) – Network International Holdings PLC ::SELLERS HAVE SOLD 100 MILLION ORDINARY SHARES AT A PRICE OF 580 PENCE PER ORDINARY SHARE.SELLERS RAISED GROSS PROCEEDS OF 580 MILLION POUNDS.FOLLOWING COMPLETION OF PLACING, EMIRATES NBD BANK PJSC WILL HOLD APPROXIMATELY 11.9 PER CENT OF NETWORK INTERNATIONAL.WP/GA DUBAI IV B.V. WILL HOLD APPROXIMATELY 10.8 PER CENT OF NETWORK INTERNATIONAL. 

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