28th Jul 2021 12:12
Investec PLC and Ltd - Anglo-South African financial services provider - Says Investec Chief Executive Fani Titi, who is currently the Investec representative on the board of Ninety One PLC and Ltd, will be succeeded by Investec Independent Non-Executive Director Khumo Shuenyane as the new representative. This will happen next week Wednesday.
Ninety One is an Anglo-South African asset management business, based in London and Cape Town. Ninety One completed its demerger from Investec in mid-March 2020. Following an initial public offering in London and Johannesburg, Investec held a 25% stake, with 55% held directly by Investec PLC and Investec Ltd shareholders. Around 20% is held by employees.
Current London stock price: 276.80 pence
Year-to-date change: up 48%
Current Johannesburg stock price: ZAR53.42
Year-to-date change: up 49%
By Greg Roxburgh; [email protected]
Copyright 2021 Alliance News Limited. All Rights Reserved.
Related Shares:
InvestecNinety One