Ninety One PLC and Ltd - South Africa and UK-based money manager - Forty Two Point Two, a company associated with both Chief Executive Officer Hendrik du Toit and Chief Financial Officer Kim McFarland, buys 2.3 million shares in Ninety One PLC, mostly at GBP2.60, worth about GBP6 million, about ZAR122.7 million, on Monday and Tuesday. Also associated with Forty Two Point Two are Johan Schreuder, a director of Ninety One Assurance Ltd, and Adam Fletcher and David McGillveray, both directors of Ninety One Guernsey Ltd.
Current stock price in London: 259.40 pence
12-month change: up 11%
By Tom Waite; thomaslwaite@alliancenews.com
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Ninety One (N91)