IN BRIEF: Executives raise holding in Ninety One through vehicle

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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Ninety One PLC and Ltd - Anglo-South African money manager with headquaters in Cape Town - Forty Two Point Two, a company associated with both Chief Executive Officer Hendrik du Toit and Chief Financial Officer Kim McFarland, buys additional 256,347 shares, between £1.85 and £1.95 each, worth £444,362.07, on Wednesday and Thursday, in London.

Also this week, Forty Two Point Two acquired 280,523 shares on Monday and Tuesday, after purchasing 88,727 stock on at the end of last week. Since June, the company has accumulated around 5.5 million shares in various transactions at prices ranging from £1.85 to £2.15. Forty Two Point Two is the leading shareholder in Ninety One, owning a 27% stake.

Current stock price London: 185.10 pence, up 0.7% on Friday

12-month change: down 19%

Ninety One Ltd current stock price Johannesburg: R 36.58, up 0.2%

12-month change: down 20%

Ninety One PLC current stock price Johannesburg: R 37.40, up 0.5%

12-month change: down 20%

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