IN BRIEF: Forty Two Point Two raises holding in Ninety One

Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two acquires ...

Alliance News 26 February, 2024 | 2:28PM
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Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two acquires 120,391 shares in Ninety One PLC at 169.00 pence each, worth GBP203,460, on Friday. As at Tuesday last week, Forty Two Point Two held 11% shares in Ninety One. Forty Two Point Two is the wholly owned by the Marathon Trust. Chief Executive Hendrik du Toit and Finance Director Kim McFarland are associated with the trust. Ninety One Assurance Ltd directors Johan Schreuder and Cora Kielblock, and Ninety One Guernsey Ltd directors Adam Fletcher and David McGillveray are also associates of the trust.

Current stock price in London: 167.90 pence, down 0.7% on Monday afternoon

12-month change: down 19%

Current stock price in Johannesburg: ZAR41.06, down 0.5%

12-month change: down 11%

By Artwell Dlamini, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Ninety One PLC Ordinary Shares 165.00 GBX -1.08 -
Ninety One Ltd Ordinary Shares 3,849.00 ZAC -0.28 -

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