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IN BRIEF: Investment vehicle of executives raise stake in Ninety One

30th May 2023 14:28

Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two buys 308,460 shares at between GBP1.61 and GBP1.59 each in Ninety One PLC, worth GBP492,612.36, in two transaction on Thursday and Friday last week.

Forty Two Point Two is wholly owned by the Marathon Trust. Chief Executive Hendrik du Toit, 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: 161.00 pence, up 0.4% on Tuesday

12-month change: down 30%

Current stock price in Johannesburg: ZAR39.61, up 1.9%

12-month change: down 11%

By Artwell Dlamini, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


Related Shares:

Ninety One
FTSE 100 Latest
Value8,809.74
Change53.53