EnQuest PLC - oil and gas production in UK and Malaysia - Hires Gareth Penny as non-executive chair, starting Tuesday. Penny currently is chair of money manager Ninety One PLC and Ltd, having previously been the chair of Norilsk Nickel. Penny spent 12 years on the board of private bank Julius Baer Group AG and 22 years at Anglo American PLC's De Beers group, with five years as chief executive officer of De Beers. "With his extensive board level experience, Gareth will provide invaluable contributions to EnQuest as we continue to execute on our strategy," CEO Amjad Bseisu says. Read More
Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two buys around 224,874 shares in Ninety One PLC, worth about GBP429,837.19. Forty Two Point Two is wholly owned by the Marathon Trust. Chief Executive Hendrik du Toit and Finance Director Kim McFarland are associated with the trust. Ninety One Assurance Ltd director Johan Schreuder, Ninety One Guernsey Ltd director Adam Fletcher and Ninety One Guernsey Ltd director David McGillveray are also associates of the trust. Read More
(Correcting that Forty Two Point Two buys shares, not individual executives) Read More
Ninety One PLC and Ltd - London and Cape Town-based money manager - Says Chief Executive Hendrik du Toit buys 1.5 million shares at GBP1.995 each on Monday last week, worth GBP2.9 million. Finance Director Kim McFarland acquires 50,000 shares at GBP1.966 on Wednesday last week, totalling GBP98,300. Ninety One Director Johan Schreuder buys 38,218 shares at GBP1.9747 also on Wednesday, worth GBP75,469. Ninety One Director Adam Fletcher buys 59,763 shares at 1.9873p for GBP118,767 on Thursday last week. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More
(Alliance News) - Stock prices in London were in the red at midday on Tuesday, though sterling stayed strong against the dollar after UK unemployment data and ahead of the autumn budget on Thursday. Read More
(Alliance News) - Stocks in London opened mostly lower on Tuesday morning as the latest UK unemployment data showed signs of a cooling jobs market, though not by enough to forestall further interest rate hikes. Read More
(Alliance News) - Ninety One PLC and Ltd said on Tuesday its interim profit shrank as the money manager struggled with lower levels of new business and portfolio de-risking by clients amid economic turmoil. Read More
(Alliance News) - It was another green session in London on Tuesday, but the FTSE 100 was sitting behind peers in Frankfurt and Paris, as investors continue to take heart from the UK government unwinding all of the proposals put forward in its disastrous mini-budget. Read More
Ninety One PLC and Ltd - London and Cape Town-based money manager - Assets under management slip to GBP132.3 billion as at September 30, down 1.9% from GBP134.9 billion at June 30. On an annual basis, AuM declines by 5.5% from GBP140.0 billion. On a half-year basis, it is down by 8.1% from GBP143.9 billion as at March 31. Ninety One will publish its interim financial results on November 15. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning: Read More
Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two, a company associated with both Chief Executive Officer Hendrik du Toit and Chief Financial Officer Kim McFarland, buys 420,166 shares mostly at GBP1.92 each in two separate transactions on Friday worth GBP806,358.40. Also last week, it acquired 695,621 shares worth GBP1.4 million. Read More
(Alliance News) - Investec PLC and Ltd said on Friday it expects strong earnings for the first half of its financial year, despite volatile market conditions and prevailing uncertainty. Read More
Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two, a company associated with both Chief Executive Officer Hendrik du Toit and Chief Financial Officer Kim McFarland, buys 695,621 shares at GBP1.98 each, worth GBP1.4 million, on Tuesday and Wednesday in London. Read More
Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two, a company associated with both Chief Executive Officer Hendrik du Toit and Chief Financial Officer Kim McFarland, buys 582,256 shares at GBP1.96 each in a transaction dated Friday valued at GBP1.1 million. On Thursday, the vehicle acquired 379,909 shares at GBP1.94 each, worth GBP737,023. Read More
Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two, a company associated with both Chief Executive Officer Hendrik du Toit and Chief Financial Officer Kim McFarland, buys 379,909 shares at GBP1.94 each, worth GBP737,023, in London on Thursday. Read More
Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two, a company associated with both Chief Executive Officer Hendrik du Toit and Chief Financial Officer Kim McFarland, buys 332,053 shares at GBP1.93 each, GBP640,862 in total. Transaction occurred last week Thursday. Read More