Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two acquires 200,000 shares in Ninety One PLC for GBP386,250 in two separate transactions on Monday. On Friday last week, the associate bought 123,490 shares worth GBP240,806.
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.
Current stock price in London: 188.70 pence, down 0.3% on Tuesday
12-month change: down 22%
Current Ltd stock price in Johannesburg: ZAR41.29, down 2.0%
12-month change: down 13%
By Artwell Dlamini, Alliance News reporter
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Ninety One (N91)