Ninety One PLC

Director's Dealing • Jun 9, 2022

National Storage Mechanism | Additional information

RNS Number : 3126O

Ninety One PLC

09 June 2022

Ninety One Limited Incorporated in the Republic of South Africa  Registration number 2019/526481/06  JSE share code: NY1  ISIN: ZAE000282356	Ninety One plc Incorporated in England and Wales  Registration number 12245293  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, company 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. Clearance was obtained for the below dealing in securities.

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 UK 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

·      Johan Schreuder - Director of Ninety One Assurance Limited

·      Adam Fletcher - Director of Ninety One Guernsey Limited

·      David McGillveray - Director of Ninety One 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 shares

c)

Price(s) and volume(s)

a)

Price        GBP 2.126
Volume    650,000

d)

Date of the transaction

9 June 2022

e)

Place of the transaction

London Stock Exchange

In June 2020, Ninety One granted conditional share awards to Hendrik du Toit and Kim McFarland (being the deferred portion of the short term incentive awards for their time as Executive Directors of Investec) for nil consideration. The second and final tranche of those conditional share awards vested on 6 June 2022 and are subject to a twelve month retention period from that date.

Take up of shares following vesting of conditional shares

Hendrik du Toit took up shares following vesting of conditional shares on 6 June 2022.

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

Off market take up of shares on vesting of conditional shares.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
GBP 2.18	7,953

d)

Aggregated information

- Aggregated volume

- Price

7,953

GBP 2.18

e)

Date of the transaction  

6 June 2022

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	£2.18
Total value of transaction	£17,337.54
Highest price	N/A
Lowest price	N/A
Nature of interest	Direct beneficial

Take up of shares following vesting of conditional shares

Kim McFarland took up shares following vesting of conditional shares on 6 June 2022.

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

Off market take up of shares on vesting of conditional shares.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
GBP 2.18	6,224

d)

Aggregated information

- Aggregated volume

- Price

6,224

GBP 2.18

e)

Date of the transaction  

6 June 2022

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	£2.18
Total value of transaction	£13,568.32
Highest price	N/A
Lowest price	N/A
Nature of interest	Direct beneficial

On 31 May 2022, additional Ninety One plc conditional shares were granted by Investec to Hendrik du Toit and Kim McFarland, in respect of unvested Investec plc share awards as a result of the distribution of Ninety One shares to existing Investec shareholders. A tranche of these conditional shares vested on 6 June 2022 in line with the vesting of the 2020 Investec short term incentive awards and are subject to a twelve month retention period.

Take up of shares following vesting of conditional shares

Hendrik du Toit took up shares following vesting of conditional shares on 6 June 2022.

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

Off market take up of shares on vesting of conditional shares.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
GBP 2.18	2,833

d)

Aggregated information

- Aggregated volume

- Price

2,833

GBP 2.18

e)

Date of the transaction  

6 June 2022

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	£2.18
Total value of transaction	£6,175.94
Highest price	N/A
Lowest price	N/A
Nature of interest	Direct beneficial

Take up of shares following vesting of conditional shares

Kim McFarland took up shares following vesting of conditional shares on 6 June 2022.

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

Off market take up of shares on vesting of conditional shares.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
GBP 2.18	2,217

d)

Aggregated information

- Aggregated volume

- Price

2,217

GBP 2.18

e)

Date of the transaction  

6 June 2022

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	£2.18
Total value of transaction	£4,833.06
Highest price	N/A
Lowest price	N/A
Nature of interest	Direct beneficial

Date of release: 9 June 2022

JSE Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd

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