Ninety One PLC — Director's Dealing 2020

Jun 2, 2020

National Storage Mechanism | Additional information

RNS Number : 7191O

Ninety One PLC

02 June 2020

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 ("PDMRs") 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 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.

On 29 May 2020, conditional shares awarded under the Investec plc Executive Incentive Plan 2013 (the "Plan") vested and Fani Titi sold his shares. Additionally, for Fani Titi a portion of a contractual annual fixed allowance payable in shares (the "Fixed Allowance Shares"), granted by Investec plc, was released and sold on the same date.

Disposal of shares by a director

The vesting of conditional shares and the sale of Fixed Allowance Shares (both previously granted by Investec plc) incurred a tax liability. In order to settle this liability, Fani Titi disposed of the following number of shares on 29 May 2020.

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

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

On market sale of shares following the vesting of conditional shares and release of shares.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
GBP 1.99	49,279

d)

Aggregated information

- Aggregated volume

- Price

49,279

GBP 1.99

e)

Date of the transaction  

29 May 2020

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:

Volume weighted average price	£1.99
Total value of transaction	£98,506.64
Highest price	£2.05
Lowest price	£1.96
Nature of interest	Direct beneficial
Clearance to deal	Yes

Take up of shares following vesting of conditional shares

Hendrik du Toit received the following number of shares following vesting of conditional shares on 29 May 2020, previously granted by Investec plc under the Plan.

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 1.96	18,451

d)

Aggregated information

- Aggregated volume

- Price

18,451

GBP 1.96

e)

Date of the transaction  

29 May 2020

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	£1.96
Total value of transaction	£36,163.96
Highest price	N/A
Lowest price	N/A
Nature of interest	Direct beneficial
Clearance to deal	Yes

Take up of shares following vesting of conditional shares

Kim McFarland received of the following number of shares following vesting of conditional shares on 29 May 2020, previously granted by Investec plc under the Plan.

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 1.96	7,220

d)

Aggregated information

- Aggregated volume

- Price

7,220

GBP 1.96

e)

Date of the transaction  

29 May 2020

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	£1.96
Total value of transaction	£14,151.20
Highest price	N/A
Lowest price	N/A
Nature of interest	Direct beneficial
Clearance to deal	Yes

Date of release: 2 June 2020

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

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