10th Aug 2023 12:33
Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two acquires 164,999 shares in Ninety One PLC at an average 1.67 pence each from Monday through to Wednesday. The aggregate value of transactions is GBP276,428. Last week, the investment vehicle bought shares worth around GBP2.2 million.
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 directors Adam Fletcher and David McGillveray are also associates of the trust.
Current stock price in London: 170.15 pence, up 0.8% on Thursday
12-month change: down 19%
Current stock price in Johannesburg: ZAR40.40, up 2.2%
12-month change: down 2.0%
By Artwell Dlamini, Alliance News reporter
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