Ninety One PLC

Remuneration Information • Jun 9, 2020

National Storage Mechanism | Additional information

RNS Number : 4301P

Ninety One PLC

09 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. All of the below are off market acceptances of awards and the necessary clearance to deal was obtained.

On 29 May 2020, the Remuneration Committee of Investec plc and Investec Limited (together "Investec") met and agreed the short term incentive awards for the Executive Directors of Investec for the financial year ended 31 March 2020. Accordingly, we advise of the following transactions in shares relating to PDMRs of Ninety One.

Award of forfeitable shares to H du Toit and K McFarland

On 8 June 2020, Ninety One made the following forfeitable share awards (being the upfront portion of the short term incentive awards for their time as Executive Directors of Investec) for nil consideration. These forfeitable share awards vest immediately on award and are subject to a twelve 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

Award of 23,859 forfeitable shares for nil consideration to Hendrik du Toit.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	23,859

d)

Aggregated information

- Aggregated volume

- Price

23,859

Nil

e)

Date of the transaction  

8 June 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

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

Award of 18,672 forfeitable shares for nil consideration to Kim McFarland.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	18,672

d)

Aggregated information

- Aggregated volume

- Price

18,672

Nil

e)

Date of the transaction  

8 June 2020

f)

Place of the transaction

London

Award of conditional shares to H du Toit and K McFarland

On 8 June 2020, Ninety One made the following conditional share awards (being the deferred portion of the short term incentive awards for their time as Executive Directors of Investec) for nil consideration. These conditional share awards vest evenly in the first and second year from award date and are subject to a further twelve month retention period after each vesting date.

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

Award of 15,906 conditional shares for nil consideration to Hendrik du Toit. These conditional share awards vest evenly in the first and second year from award date and are subject to a further twelve month retention period after each vesting date.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	15,906

d)

Aggregated information

- Aggregated volume

- Price

15,906

Nil

e)

Date of the transaction  

8 June 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

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

Award of 12,448 conditional shares for nil consideration to Kim McFarland. These conditional share awards vest evenly in the first and second year from award date and are subject to a further twelve month retention period after each vesting date.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	12,448

d)

Aggregated information

- Aggregated volume

- Price

12,448

Nil

e)

Date of the transaction  

8 June 2020

f)

Place of the transaction

London

Date of release: 9 June 2020

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

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