2nd Jul 2024 06:49
Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two acquires 110,150 shares in Ninety One PLC at 166.50 pence each, worth around GBP183,399, on Thursday and Friday last week. As at June 20, Forty Two Point Two owed about 29% in Ninety One, making it the leading shareholder. Forty Two Point Two is the 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 Malcolm Gray, and Ninety One Guernsey Ltd director Adam Fletcher are also associates of the trust.
Stock price in London: 170.00 pence
12-month change: up 1.2%
Stock price in Johannesburg: ZAR38.67
12-month change: down 5.1%
By Artwell Dlamini, Alliance News reporter
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