Director/PDMR Shareholding

RNS Number : 7347A

Ninety One PLC

03 June 2021

 

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(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.

On 29 May 2021, conditional shares awarded under the Investec plc Executive Incentive Plan 2013 (the "Plan") vested and Fani Titi sold his shares on 1 June 2021. 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 on 29 May 2021 and sold on 1 June 2021.

Disposal of shares by a director

The vesting of conditional shares and the release 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 1 June 2021.

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 2.37 49,280
d)	Aggregated information - Aggregated volume - Price	49,280 GBP 2.37
e)	Date of the transaction	1 June 2021
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	£2.37
Total value of transaction	£117,142.59
Highest price	£2.38
Lowest price	£2.36
Nature of interest	Direct beneficial

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 2021, 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 2.37 18,451
d)	Aggregated information - Aggregated volume - Price	18,451 GBP 2.37
e)	Date of the transaction	1 June 2021
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	£2.37
Total value of transaction	£43,791.29
Highest price	N/A
Lowest price	N/A
Nature of interest	Direct beneficial

Take up of shares following vesting of conditional shares

Kim McFarland received the following number of shares following vesting of conditional shares on 29 May 2021, 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 2.37 7,220
d)	Aggregated information - Aggregated volume - Price	7,220 GBP 2.37
e)	Date of the transaction	1 June 2021
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	£2.37
Total value of transaction	£17,135.83
Highest price	N/A
Lowest price	N/A
Nature of interest	Direct beneficial

Date of release: 3 June 2021

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

 

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