Ninety One PLC Director/PDMR Shareholding
June 14 2024 - 9:30AM
RNS Regulatory News
RNS Number : 5523S
Ninety One PLC
14 June 2024
|
Ninety One Limited
Incorporated in the Republic of South Africa
Registration number 2019/526481/06
JSE share code: NY1
ISIN: ZAE000282356
|
Ninety One plc
Incorporated in England and Wales
Registration number 12245293
LSE share code: N91
JSE share code: N91
ISIN: GB00BJHPLV88
|
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)
|
Price ZAR
37.89
|
|
|
Volume
2,730,068
|
|
|
|
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)
|
Price ZAR
38.6171
|
|
|
Volume
2,730,068
|
|
b)
|
Price GBP
1.60
|
|
|
Volume
1,602
|
|
|
|
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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