Last checked at 1 Jun 2023 16:00
Ninety One Limited Incorporated in the Republic of South Africa Registration number 2019/526481/06 Date of registration: 18 October 2019 JSE share code: NY1 ISIN: ZAE000282356 | Ninety One plc Incorporated in England and Wales Registration number 12245293 Date of registration: 4 October 2019 LSE share code: N91 JSE share code: N91 ISIN: GB00BJHPLV88 |
Notification of transactions by relevant Directors, Persons Discharging Managerial Responsibilities and persons closely associated with them, prescribed officers, companies secretaries and associates
As part of the dual listed company structure, Ninety One plc and Ninety One Limited (together "Ninety One") notify both the London and Johannesburg Stock Exchanges of those interests (and changes to those interests) of (i) directors of both entities and the respective company secretaries and such persons' respective associates and persons closely associated with them, (ii) prescribed officers and persons discharging managerial responsibilities ("PDMRs") and such persons' respective associates and persons closely associated with them, and (iii) in certain instances the directors and company secretaries of major subsidiaries of Ninety One and such persons' respective associates, in the securities of Ninety One plc and Ninety One Limited which are required to be disclosed under Article 19(1) of the Market Abuse Exit Regulations 2019 ("UK MAR"), the Listing Rules, and the Disclosure Guidance and Transparency Rules of the FCA and/or the JSE Listings Requirements.
1 | Details of the person discharging managerial responsibilities / person closely associated / associate | |||||
a) | Legal person | Grant Cameron | ||||
2 | Reason for the notification | |||||
a) | Position/status | Director of a major subsidiary of the Company | ||||
b) | Initial notification /Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Ninety One plc | ||||
b) | LEI | 549300G0TJCT3K15ZG14 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of GBP0.0001 each GB00BJHPLV88 | ||||
b)
| Nature of the transaction
| Take up of shares following the vesting of forfeitable shares. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information - Aggregated volume - Price |
11,563 £1.628072 | ||||
e) | Date of the transaction | 31 May 2023 | ||||
f) | Place of the transaction | London | ||||
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements we disclose the following additional information:
Price | £1.628072 |
Total value of transaction | £18,825.40 |
Highest price | N/A |
Lowest price | N/A |
Nature of interest | Direct beneficial |
1 | Details of the person discharging managerial responsibilities / person closely associated / associate | |||||
a) | Legal person | Grant Cameron | ||||
2 | Reason for the notification | |||||
a) | Position/status | Director of a major subsidiary of the Company | ||||
b) | Initial notification /Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Ninety One plc | ||||
b) | LEI | 549300G0TJCT3K15ZG14 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of GBP0.0001 each GB00BJHPLV88 | ||||
b)
| Nature of the transaction
| Sale of shares following the vesting of forfeitable shares. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information - Aggregated volume - Price |
2,955 £1.628072 | ||||
e) | Date of the transaction | 31 May 2023 | ||||
f) | Place of the transaction | London | ||||
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements we disclose the following additional information:
Price | £1.628072 |
Total value of transaction | £4,810.95 |
Highest price | N/A |
Lowest price | N/A |
Nature of interest | Direct beneficial |
1 | Details of the person discharging managerial responsibilities / person closely associated / associate | |||||
a) | Legal person | David McGillveray | ||||
2 | Reason for the notification | |||||
a) | Position/status | Director of a major subsidiary of the Company | ||||
b) | Initial notification /Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Ninety One plc | ||||
b) | LEI | 549300G0TJCT3K15ZG14 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of GBP0.0001 each GB00BJHPLV88 | ||||
b)
| Nature of the transaction
| Take up of shares following the vesting of forfeitable shares. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information - Aggregated volume - Price |
24,522 £1.628072 | ||||
e) | Date of the transaction | 31 May 2023 | ||||
f) | Place of the transaction | London | ||||
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements we disclose the following additional information:
Price | £1.628072 |
Total value of transaction | £39,923.58 |
Highest price | N/A |
Lowest price | N/A |
Nature of interest | Direct beneficial |
1 | Details of the person discharging managerial responsibilities / person closely associated / associate | |||||
a) | Legal person | David McGillveray | ||||
2 | Reason for the notification | |||||
a) | Position/status | Director of a major subsidiary of the Company | ||||
b) | Initial notification /Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Ninety One plc | ||||
b) | LEI | 549300G0TJCT3K15ZG14 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of GBP0.0001 each GB00BJHPLV88 | ||||
b)
| Nature of the transaction
| Sale of shares following the vesting of forfeitable shares. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information - Aggregated volume - Price |
22,054 £1.628072 | ||||
e) | Date of the transaction | 31 May 2023 | ||||
f) | Place of the transaction | London | ||||
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements we disclose the following additional information:
Price | £1.628072 |
Total value of transaction | £35,905.50 |
Highest price | N/A |
Lowest price | N/A |
Nature of interest | Direct beneficial |
1 | Details of the person discharging managerial responsibilities / person closely associated / associate | |||||
a) | Legal person | Cora Marie Kielblock | ||||
2 | Reason for the notification | |||||
a) | Position/status | Director of a major subsidiary of the Company | ||||
b) | Initial notification /Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Ninety One plc | ||||
b) | LEI | 549300G0TJCT3K15ZG14 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of GBP0.0001 each GB00BJHPLV88 | ||||
b)
| Nature of the transaction
| Sale of shares following the vesting of forfeitable shares. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information - Aggregated volume - Price |
6,498 £1.628072 | ||||
e) | Date of the transaction | 31 May 2023 | ||||
f) | Place of the transaction | London | ||||
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements we disclose the following additional information:
Price | £1.628072 |
Total value of transaction | £10,579.21 |
Highest price | N/A |
Lowest price | N/A |
Nature of interest | Direct beneficial |
1 | Details of the person discharging managerial responsibilities / person closely associated / associate | |||||
a) | Legal person | Cora Marie Kielblock | ||||
2 | Reason for the notification | |||||
a) | Position/status | Director of a major subsidiary of the Company | ||||
b) | Initial notification /Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Ninety One Limited | ||||
b) | LEI | 2138006NUUFPDXHSUP38 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of no par value ZAE000282356 | ||||
b)
| Nature of the transaction
| Sale of shares following the vesting of forfeitable shares. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information - Aggregated volume - Price |
15,767 R39.79886 | ||||
e) | Date of the transaction | 31 May 2023 | ||||
f) | Place of the transaction | Johannesburg | ||||
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements we disclose the following additional information:
Price | R39.79886 |
Total value of transaction | R627,508.63 |
Highest price | N/A |
Lowest price | N/A |
Nature of interest | Direct beneficial |
On 30 May 2023, the second tranche of the long term conditional awards granted to Hendrik du Toit and Kim McFarland on 29 May 2019 under the Investec plc Executive Incentive Plan 2013 (the "Plan") vested. Accordingly, we advise of the following transactions in shares relating to PDMRs of Ninety One.
Vesting of shares under the Plan
On 30 May 2023, the following shares vested to Hendrik du Toit under the Plan, and remain subject to a 12-month retention period.
1 | Details of the person discharging managerial responsibilities / person closely associated / associate | |||||
a) | Legal person | Hendrik du Toit | ||||
2 | Reason for the notification | |||||
a) | Position/status | Director | ||||
b) | Initial notification /Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Ninety One plc | ||||
b) | LEI | 549300G0TJCT3K15ZG14 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of GBP0.0001 each GB00BJHPLV88 | ||||
b)
| Nature of the transaction
| Take up of shares on vesting of conditional shares. | ||||
c)
| Price(s) and volume(s) |
| ||||
d)
| Aggregated information - Aggregated volume - Price |
35,680 GBP 1.62 | ||||
e) | Date of the transaction | 30 May 2023 | ||||
f) | Place of the transaction | London | ||||
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements we disclose the following additional information:
Price | £1.62 |
Total value of transaction | £57,801.60 |
Highest price | N/A |
Lowest price | N/A |
Nature of interest | Direct beneficial |
Vesting of shares under the Plan
On 30 May 2023, the following shares vested to Kim McFarland under the Plan, and remain subject to a 12-month retention period.
1 | Details of the person discharging managerial responsibilities / person closely associated / associate | |||||
a) | Legal person | Kim McFarland | ||||
2 | Reason for the notification | |||||
a) | Position/status | Director | ||||
b) | Initial notification /Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Ninety One plc | ||||
b) | LEI | 549300G0TJCT3K15ZG14 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of GBP0.0001 each GB00BJHPLV88 | ||||
b)
| Nature of the transaction
| Take up of shares on vesting of conditional shares. | ||||
c)
| Price(s) and volume(s) |
| ||||
d)
| Aggregated information - Aggregated volume - Price |
14,278 GBP 1.62 | ||||
e) | Date of the transaction | 30 May 2023 | ||||
f) | Place of the transaction | London | ||||
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements we disclose the following additional information:
Price | £1.62 |
Total value of transaction | £23,130.36 |
Highest price | N/A |
Lowest price | N/A |
Nature of interest | Direct beneficial |
Date of release: 1 June 2023
JSE Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd