Last checked at 16 Mar 2020 10:00
Ninety One LimitedIncorporated in the Republic of South AfricaRegistration number 2019/526481/06JSE share code: NY1ISIN: ZAE000282356. | Ninety One plcIncorporated in England and WalesRegistration number 12245293LSE share code: N91JSE share code: N91ISIN: GB00BJHPLV88. |
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 of the Market Abuse Regulation (Regulation 596/2014) ("MAR"), the Listing Rules, and the Disclosure Guidance and Transparency Rules of the FCA and/or the JSE Listings Requirements.
Notification of transactions by relevant Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them, prescribed officers, company secretaries and associates
1 | Details of the person discharging managerial responsibilities / person closely associated / associate | |
a) | Legal person | Hendrik du Toit
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2 | Reason for the notification | |
a) | Position/status | Director/PDMR |
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
| Acquisition of 487,935 shares and share awards for nil consideration arising as a consequence of the Ninety One demerger, comprising: - 53,000 ordinary shares, which are not subject to any restrictions; - 119,817 ordinary shares, which have vested, but are subject to certain retention conditions; and - Awards over 315,118 ordinary shares, which have not yet vested and may also be subject to achievement against certain performance conditions. |
c)
| Price(s) and volume(s)
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d)
| Aggregated information - Aggregated volume - Price | N/A | ||||
e) | Date of the transaction | 16 March 2020 | ||||
f) | Place of the transaction | London |
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/PDMR | ||||
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
| Acquisition of 263,553 shares and share awards for nil consideration arising as a consequence of the Ninety One demerger, comprising: - 6,423 ordinary shares, which are not subject to any restrictions; - 75,671 ordinary shares, which have vested, but are subject to certain retention conditions; and - Awards over 181,459 ordinary shares, which have not yet vested and may also be subject to achievement against certain performance conditions. | ||||
c)
| Price(s) and volume(s)
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d)
| Aggregated information - Aggregated volume - Price | N/A | ||||
e) | Date of the transaction | 16 March 2020 | ||||
f) | Place of the transaction | London | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated / associate | |||||
a) | Legal person | Fani Titi | ||||
2 | Reason for the notification | |||||
a) | Position/status | Director/PDMR | ||||
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
| Acquisition of 248,682 shares and share awards for nil consideration arising as a consequence of the Ninety One demerger, comprising: - 72,740 ordinary shares, which have vested, but are subject to certain retention conditions; and - Awards over 175,942 ordinary shares, which have not yet vested and may also be subject to achievement against certain performance conditions. | ||||
c)
| Price(s) and volume(s)
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d)
| Aggregated information - Aggregated volume - Price | N/A | ||||
e) | Date of the transaction | 16 March 2020 | ||||
f) | Place of the transaction | London | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated / associate | |||||
a) | Legal person | Grant Cameron and Jennifer Cameron (joint account) | ||||
2 | Reason for the notification | |||||
a) | Position/status | Director/PDMR of a major subsidiary/PCA with Grant Cameron | ||||
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 | Acquisition of 19,432 ordinary shares for nil consideration arising as a consequence of the Ninety One demerger. | ||||
c)
| Price(s) and volume(s)
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d)
| Aggregated information - Aggregated volume - Price | N/A | ||||
d) | Date of the transaction | 16 March 2020 | ||||
e) | Place of the transaction | London | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated / associate | |
a) | Legal person | Adam Fletcher |
2 | Reason for the notification | |
a) | Position/status | Director/PDMR of a major subsidiary |
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 | Acquisition of 303 shares for nil consideration arising as a consequence of the Ninety One demerger. | ||||
c)
| Price(s) and volume(s)
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d)
| Aggregated information - Aggregated volume - Price | N/A | ||||
d) | Date of the transaction | 16 March 2020 | ||||
e) | Place of the transaction | Johannesburg | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated / associate | |
a) | Legal person | Kevin Alcock (non-beneficial interest) |
2 | Reason for the notification | |
a) | Position/status | Director/PDMR of a major subsidiary |
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 | Acquisition of 14,355 shares for nil consideration arising as a consequence of the Ninety One demerger. | ||||
c)
| Price(s) and volume(s)
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d)
| Aggregated information - Aggregated volume - Price | N/A | ||||
d) | Date of the transaction | 16 March 2020 | ||||
e) | Place of the transaction | London | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated / associate | |
a) | Legal person | Forty Two Point Two |
2 | Reason for the notification | |
a) | Position/status | In terms of MAR, the Listing Rules, and the Disclosure Guidance and Transparency Rules of the FCA, this notification concerns a person closely associated with Hendrik du Toit and Kim McFarland, each of whom is a Director of Ninety One plc (i.e. a PDMR) In terms of the JSE Listings Requirements, Forty Two Point Two is wholly owned by the Marathon Trust and the undermentioned persons (who are directors of Ninety One plc, Ninety One Limited and/or major subsidiaries of Ninety One) are beneficiaries of the Marathon Trust. Forty Two Point Two is an associate of these persons for the purpose of the JSE Listings Requirements:- - Hendrik du Toit - Director of Ninety One plc and Ninety One Limited - Kim McFarland - Director of Ninety One plc and Ninety One Limited - Thabo Khojane - Director of Investec Assurance Limited ("IAL") - Johan Schreuder - Director of IAL - Adam Fletcher - Director of Investec Asset Management Guernsey Limited |
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
| Acquisition of 124,524,302 shares for nil consideration arising as a consequence of the Ninety One demerger and pledge of all such shares for security. Voting rights in relation to the shares being pledged remain with Forty Two Point Two. | ||||
c)
| Price(s) and volume(s)
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d)
| Aggregated information - Aggregated volume - Price | N/A | ||||
d) | Date of the transaction | 16 March 2020 | ||||
e) | Place of the transaction | Outside a trading venue | ||||