Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two buys around 224,874 shares in Ninety One PLC, worth about GBP429,837.19. 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 director Johan Schreuder, Ninety One Guernsey Ltd director Adam Fletcher and Ninety One Guernsey Ltd director David McGillveray are also associates of the trust.
Transactions took place on Thursday and Friday. Forty Two Point Two paid between GBP1.8978 and GBP1.9133 for each of these shares. Late in November, Forty Two Point Two bought shares worth about GBP3.3 million in NInety One PLC.
Current stock price in London: 191.20 pence, down 0.4% on Monday
12-month change: down 25%
Current stock price in Johannesburg: ZAR40.47, down 1.6%
12-month change: down 21%
By Artwell Dlamini; artwelldlamini@alliancenews.com
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Ninety One (N91)