• Several directors and executives of Ninety One have disclosed transactions involving company shares.
• The transactions include the acquisition and sale of Ninety One plc shares following the vesting of forfeitable shares.
• The disclosures were made in compliance with relevant regulations and aim to ensure transparency in the company’s transactions.

Ninety One Limited and Ninety One plc, the dual listed investment management firms, have announced several transactions involving the shares of the company by relevant directors, persons discharging managerial responsibilities (PDMRs), and their associates. The transactions were reported in compliance with the Market Abuse Exit Regulations 2019, the Listing Rules, and the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority (FCA) and the JSE Listings Requirements.

Grant Cameron, a director of a major subsidiary of Ninety One, acquired 11,563 ordinary shares of Ninety One plc following the vesting of forfeitable shares. The transaction took place on May 31, 2023, in London, at a price of £1.628072 per share, resulting in a total value of £18,825.40.

Additionally, David McGillveray, another director of a major subsidiary of the company, also participated in the acquisition of shares. He purchased 24,522 ordinary shares of Ninety One plc, with a transaction value of £39,923.58. The shares were obtained following the vesting of forfeitable shares on May 31, 2023, in London, at a price of £1.628072 per share.

Furthermore, both Grant Cameron and David McGillveray sold shares of Ninety One plc following the vesting of forfeitable shares. Cameron sold 2,955 shares at a price of £1.628072 per share, resulting in a total value of £4,810.95. McGillveray sold 22,054 shares at the same price per share, with a total transaction value of £35,905.50. Both transactions occurred on May 31, 2023, in London.

Cora Marie Kielblock, also a director of a major subsidiary of Ninety One, sold 6,498 ordinary shares of Ninety One plc following the vesting of forfeitable shares. The transaction took place on May 31, 2023, in London, at a price of £1.628072 per share, with a total value of £10,579.21.

Moreover, Kielblock executed a separate transaction involving the sale of 15,767 ordinary shares of Ninety One Limited, the company’s subsidiary in South Africa. The shares were sold at a price of R39.79886 per share, resulting in a total transaction value of R627,508.63. The transaction occurred on May 31, 2023, in Johannesburg.

In addition to these individual transactions, the company disclosed the vesting of shares under the Investec plc Executive Incentive Plan 2013. Hendrik du Toit, a director of Ninety One, acquired 35,680 ordinary shares of Ninety One plc at a price of £1.62 per share, resulting in a total value of £57,801.60. The transaction took place on May 30, 2023, in London.

Kim McFarland, also a director of Ninety One, acquired 14,278 ordinary shares of Ninety One plc at the same price per share as du Toit. The transaction value amounted to £23,130.36. The transaction occurred on May 30, 2023, in London.

These transactions were reported to both the London Stock Exchange and the Johannesburg Stock Exchange as part of the dual listed company structure.