Shares Repurchase Programme
Summary by AI BETAClose X
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Ninety One plc |
Ninety One Limited |
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Incorporated in England and Wales |
Incorporated in the Republic of South Africa |
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Registration number 12245293 |
Registration number 2019/526481/06 |
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Date of registration: 4 October 2019 |
Date of registration: 18 October 2019 |
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LSE share code: N91 |
JSE share code: NY1 |
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JSE share code: N91 |
ISIN: ZAE000282356 |
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ISIN: GB00BJHPLV88 |
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LEI: 549300G0TJCT3K15ZG14 |
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Ninety One plc Repurchase of Shares
On 6 March 2025, Ninety One plc (the "Company") announced that it had initiated a share repurchase programme of up to £30 million (the "Programme"). Under the Programme, the Company's ordinary shares will be purchased in the open market and cancelled to reduce the Company's ordinary share capital.
The Company has entered into an agreement (the "Agreement") with Citigroup Global Markets Limited ("Citi") to undertake the Programme on its behalf and to make trading decisions under the Programme independently of the Company. Citi will purchase the Company's ordinary shares, as riskless principal, subject to certain parameters agreed between the Company and Citi, and the Company's right to terminate the Agreement in certain circumstances.
Today, the Company announces that the duration of the Programme has been extended from 31 March 2026 to 3 June 2026, unless completed or terminated earlier.
The purchase of ordinary shares under the Programme will be effected within the scope of any authority to repurchase ordinary shares conferred on the Company in its general meeting, the UK Market Abuse Regulation, the Companies Act 2006 and the Financial Conduct Authority's UK Listing Rules.
For enquiries please contact:
Investor relations
Varuni Dharma varuni.dharma@ninetyone.com +44(0) 203 938 2486
Date of release: 31 March 2026
JSE Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd
About Ninety One
Ninety One is an independent investment manager, founded in South Africa in 1991. It operates and invests globally and offers a range of active strategies to its global client base. Ninety One is listed on the London and Johannesburg Stock Exchanges.
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