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Ninety One Limited
Incorporated in the Republic of South
Africa
Registration number
2019/526481/06
Date of registration: 18 October
2019
JSE share code: NY1
ISIN: ZAE000282356
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Ninety One plc
Incorporated in England and Wales
Registration number
12245293
Date of registration: 4 October
2019
LSE share code: N91
JSE share code: N91
ISIN: GB00BJHPLV88
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Notification of transactions by relevant Directors, Persons
Discharging Managerial Responsibilities ("PDMRs") and persons
closely associated with them, prescribed officers, companies
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 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 of the Market Abuse
Regulation (Regulation 596/2014) ("MAR"), the Listing Rules, and
the Disclosure Guidance and Transparency Rules of the FCA and/or
the JSE Listings Requirements.
On 6 June 2024, the second tranche of
the long term conditional awards granted to Hendrik du Toit and Kim
McFarland on 28 February 2020 under the Investec plc Executive
Incentive Plan 2013 (the "Plan") vested. Accordingly, we advise of
the following transactions in shares relating to PDMRs of Ninety
One.
Vesting of shares under the Plan
On 6 June 2024, the following shares
vested to Hendrik du Toit under the Plan, and remain subject to a
12-month retention period.
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1
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Details of the person discharging managerial responsibilities
/ person closely associated / associate
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a)
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Legal person
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Hendrik du Toit
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2
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Reason for the notification
|
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a)
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Position/status
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Director
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b)
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Initial notification
/Amendment
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Initial notification
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3
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Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
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Name
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Ninety One
plc
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b)
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LEI
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549300G0TJCT3K15ZG14
|
|
4
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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
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b)
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Nature of the transaction
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Take up of shares on vesting of
conditional shares.
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c)
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Price(s) and volume(s)
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Price(s)
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Volume(s)
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£1.58
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26,617
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|
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d)
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Aggregated information
- Aggregated volume
- Price
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26,617
£1.58
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e)
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Date of the transaction
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6 June 2024
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f)
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Place of the transaction
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London
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In compliance with Rules 3.63 - 3.74
of the JSE Listings Requirements we disclose the following
additional information:
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Price
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£1.58
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Total value of transaction
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£42,101
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Highest price
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N/A
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Lowest price
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N/A
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Nature of interest
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Direct beneficial
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Vesting of shares under the Plan
On 6 June 2024, the following shares
vested to Kim McFarland under the Plan. A portion of the vested
shares were sold to cover the tax due at vesting. The remaining
shares are subject to a 12-month retention period.
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated / associate
|
|
a)
|
Legal person
|
Kim McFarland
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Director
|
|
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
|
Take up of shares on vesting of
conditional shares.
|
|
c)
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Price(s) and volume(s)
|
|
Price(s)
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Volume(s)
|
|
£1.58
|
11,268
|
|
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d)
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Aggregated information
- Aggregated volume
- Price
|
11,268
£1.58
|
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e)
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Date of the transaction
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6 June 2024
|
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f)
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Place of the transaction
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London
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In compliance with Rules 3.63 - 3.74
of the JSE Listings Requirements we disclose the following
additional information:
|
Price
|
£1.58
|
|
Total value of transaction
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£17,823
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Highest price
|
N/A
|
|
Lowest price
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N/A
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Nature of interest
|
Direct beneficial
|
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated / associate
|
|
a)
|
Legal person
|
Kim McFarland
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Director
|
|
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
|
On market sale of shares to cover
the tax due upon the vesting of conditional shares.
|
|
c)
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Price(s) and volume(s)
|
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Price(s)
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Volume(s)
|
|
£1.58
|
10,034
|
|
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d)
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Aggregated information
- Aggregated volume
- Price
|
10,034
£1.58
|
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e)
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Date of the transaction
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6 June 2024
|
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f)
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Place of the transaction
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London
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g)
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Clearance obtained
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Yes
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In compliance with Rules 3.63 - 3.74
of the JSE Listings Requirements we disclose the following
additional information:
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Price
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£1.58
|
|
Total value of transaction
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£15,871
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Highest price
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N/A
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Lowest price
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N/A
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Nature of interest
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Direct beneficial
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Date of release: 07 June
2024
JSE Sponsor: J.P. Morgan Equities
South Africa (Pty) Ltd