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IN BRIEF: Associate of Ninety One directors acquires more shares

1st Jun 2023 13:26

Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two buys 204,349 shares at between GBP1.60 and GBP1.62 each in Ninety One PLC, worth GBP328,782.15, in various transactions on Tuesday and Wednesday. This investment vehicle bought 308,460 shares at between GBP1.61 and GBP1.59 each in Ninety One PLC, worth GBP492,612.36, in two transactions on Thursday and Friday last week.

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 directors Johan Schreuder and Cora Kielblock, and Ninety One Guernsey Ltd director Adam Fletcher are also associates of the trust.

Current stock price in London: 166.50 pence, up 2.2% on Thursday

12-month change: down 23%

Current stock price in Johannesburg: ZAR41.09, up 2.8%

12-month change: almost unchanged

By Artwell Dlamini, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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