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IN BRIEF: Forty Two Point Two buys more Ninety One shares

Mon, 11th Mar 2024 12:53

Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two acquires 124,644 shares in Ninety One PLC at 165.0 each, worth GBP205,662, on Thursday and Friday. As at Tuesday last week, Forty Two Point Two held 28% shares in Ninety One. 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 Cora Kielblock, and Ninety One Guernsey Ltd directors Adam Fletcher and David McGillveray are also associates of the trust.

Current stock price in London: 165.10 pence, down 0.4% on Monday afternoon

12-month change: down 13%

Current stock price in Johannesburg: ZAR39.00

12-month change: down 7.5%

By Artwell Dlamini, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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