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Ninety One PLC (N91)

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Friday 01 July, 2022

Ninety One PLC

Director/PDMR Shareholding

RNS Number : 0750R
Ninety One PLC
01 July 2022
 

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 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.

 

 1

Details of the person discharging managerial responsibilities / person closely associated / associate

a)

Legal person

Grant Cameron

2

Reason for the notification

a)

Position/status

Director of a major subsidiary of the Company

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

 

Awards over 33,075 ordinary shares for nil consideration to be granted in respect of a deferred bonus award.

c)

 

Price(s) and volume(s)

 

 


 Price(s)

Volume(s)

Nil

33,075

 

d)

 

Aggregated information

- Aggregated volume

- Price

 

33,075

Nil

e)

Date of the transaction  

29 June 2022

f)

Place of the transaction

London

 

 1

Details of the person discharging managerial responsibilities / person closely associated / associate

a)

Legal person

David McGillveray

2

Reason for the notification

a)

Position/status

Director of a major subsidiary of the Company

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

 

Awards over 103,669 ordinary shares for nil consideration to be granted in respect of a deferred bonus award.

c)

 

Price(s) and volume(s)

 

 


 Price(s)

Volume(s)

Nil

103,669

 

d)

 

Aggregated information

- Aggregated volume

- Price

 

103,669

Nil

e)

Date of the transaction  

29 June 2022

f)

Place of the transaction

London

 

 

On 19 April 2022, the Remuneration Committee of Ninety One plc and Ninety One Limited (together "Ninety One") met and agreed the Executive Incentive Plan awards for the Executive Directors of Ninety One for the financial year ended 31 March 2022. Accordingly, we advise of the following transactions in shares relating to PDMRs of Ninety One.

 

Award of forfeitable shares to Hendrik du Toit and Kim McFarland

 

 

 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 1,170,454 forfeitable shares for nil consideration to Hendrik du Toit. These forfeitable shares vest in full after three years and are subject to a post-vesting retention period of 12 months (for 50% of the award) and 24 months (for the remaining 50%).

c)

 

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

Nil

1,170,454

d)

 

Aggregated information

- Aggregated volume

- Price

 

1,170,454

Nil

e)

Date of the transaction  

29 June 2022

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 936,714 forfeitable shares for nil consideration to Kim McFarland. These forfeitable shares vest in full after three years and are subject to a post-vesting retention period of 12 months (for 50% of the award) and 24 months (for the remaining 50%).

c)

 

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

Nil

936,714

d)

 

Aggregated information

- Aggregated volume

- Price

 

936,714

Nil

e)

Date of the transaction  

29 June 2022

f)

Place of the transaction

London

 

Date of release: 1 July 2022

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

 

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