Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two acquires 93,455 Ninety One PLC shares at an average 176.00 pence each, worth GBP164,480, on Thursday last week. Over around six months, this investment vehicle has bought additional 3.87 million shares worth GBP6.50 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: 176.30 pence, down 0.5% on Monday afternoon
12-month change: down 11%
Current stock price in Johannesburg: ZAR41.70, up marginally
12-month change: down 1.9%
By Artwell Dlamini, Alliance News reporter
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Ninety One (N91)