| Ninety One Limited | Ninety One plc |
Notification of transactions by relevant Directors, Persons Discharging Managerial Responsibilities and persons closely associated with them, prescribed officers, company secretaries and associates.
As part of the dual listed company structure, Ninety One plc and Ninety One Limited (together "Ninety One") notify both the London and Johannesburg Stock Exchanges of those interests (and changes to those interests) of (i) directors of both entities and the respective company secretaries and such persons' respective associates and persons closely associated with them, (ii) prescribed officers and persons discharging managerial responsibilities ("PDMRs") and such persons' respective associates and persons closely associated with them, and (iii) in certain instances the directors and company secretaries of major subsidiaries of Ninety One and such persons' respective associates, in the securities of Ninety One plc and Ninety One Limited which are required to be disclosed under Article 19(1) of the Market Abuse Exit Regulations 2019 ("UK MAR"), the Listing Rules, and the Disclosure Guidance and Transparency Rules of the FCA and/or the JSE Listings Requirements. Clearance was obtained for the below dealing in securities.
Forty Two Point Two ("FTPT") is pleased to announce that it has been able to facilitate the acquisition of shares in Ninety One Limited by The Ninety One South Africa Employee Benefit Trust (the "SA EBT") by executing securities transactions with the SA EBT and third parties. These transactions, which were executed at arm's length, effectively resulted in FTPT exchanging shares in Ninety One Limited for the same number of shares in Ninety One plc. The net result is that FTPT's beneficial interest in Ninety One remains unaffected by the transactions, the details of which are set out below.
| 1
| Details of the person discharging managerial responsibilities / person closely associated / associate
| |||||||||
| a)
| Legal person
| Forty Two Point Two | ||||||||
| 2
| Reason for the notification
| |||||||||
| a)
| Position/status
| In terms of UK MAR, the Listing Rules, and the Disclosure Guidance and Transparency Rules of the FCA, this notification concerns a person closely associated with Hendrik du Toit and Kim McFarland, each of whom is a Director of Ninety One plc (i.e. a PDMR). In terms of the JSE Listings Requirements, Forty Two Point Two is wholly owned by the Marathon Trust and the undermentioned persons (who are directors of Ninety One plc, Ninety One Limited and/or major subsidiaries of Ninety One) are beneficiaries of the Marathon Trust. Forty Two Point Two is an associate of these persons for the purpose of the JSE Listings Requirements:- · Hendrik du Toit - Director of Ninety One plc and Ninety One Limited · Kim McFarland - Director of Ninety One plc and Ninety One Limited · Johan Schreuder - Director of Ninety One Assurance Limited · Adam Fletcher - Director of Ninety One Guernsey Limited · Malcolm Gray - Director of Ninety One Assurance Limited | ||||||||
| b)
| Initial notification /Amendment
| Initial notification
| ||||||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||
| a)
| Name
| Ninety One Limited | ||||||||
| b)
| LEI
| 2138006NUUFPDXHSUP38 | ||||||||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||||
| a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of no par value
ZAE000282356
| ||||||||
| b)
| Nature of the transaction | Off-market disposal of shares | ||||||||
| c)
| Price(s) and volume(s)
| a)
| ||||||||
| d)
| Date of the transaction
| a) 13 June 2024
| ||||||||
| e)
| Place of the transaction | Johannesburg | ||||||||
| | ||||||||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated / associate
| |||||||||
| a)
| Legal person
| Forty Two Point Two | ||||||||
| 2
| Reason for the notification
| |||||||||
| a)
| Position/status
| In terms of UK MAR, the Listing Rules, and the Disclosure Guidance and Transparency Rules of the FCA, this notification concerns a person closely associated with Hendrik du Toit and Kim McFarland, each of whom is a Director of Ninety One plc (i.e. a PDMR). In terms of the JSE Listings Requirements, Forty Two Point Two is wholly owned by the Marathon Trust and the undermentioned persons (who are directors of Ninety One plc, Ninety One Limited and/or major subsidiaries of Ninety One) are beneficiaries of the Marathon Trust. Forty Two Point Two is an associate of these persons for the purpose of the JSE Listings Requirements:- · Hendrik du Toit - Director of Ninety One plc and Ninety One Limited · Kim McFarland - Director of Ninety One plc and Ninety One Limited · Johan Schreuder - Director of Ninety One Assurance Limited · Adam Fletcher - Director of Ninety One Guernsey Limited · Malcolm Gray - Director of Ninety One Assurance Limited | ||||||||
| b)
| Initial notification /Amendment
| Initial notification
| ||||||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||
| a)
| Name
| Ninety One plc | ||||||||
| b)
| LEI
| 549300G0TJCT3K15ZG14 | ||||||||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||||
| a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of GBP0.0001 each
GB00BJHPLV88
| ||||||||
| b)
| Nature of the transaction | Acquisition of shares | ||||||||
| c)
| Price(s) and volume(s)
| a)
b)
| ||||||||
| d)
| Date of the transaction
| a) 13 June 2024 b) 13 June 2024
| ||||||||
| e)
| Place of the transaction | a) Johannesburg b) London | ||||||||
| Date of release: 14 June 2024 | ||||||||||
| JSE Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd | ||||||||||
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