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Ninety One Limited Ninety One plc
Incorporated in the Republic of South Africa Incorporated in England and Wales
Registration number 2019/526481/06 Registration number 12245293
Date of registration: 18 October 2019 Date of registration: 4 October 2019
JSE share code: NY1 LSE share code: N91
ISIN: ZAE000282356 JSE share code: N91
ISIN: GB00BJHPLV88
Notification of transactions in interests in Ninety One plc and Ninety One Limited shares (whether direct, indirect,
beneficial or non-beneficial) 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 persons discharging managerial responsibilities ("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 of the Market Abuse Regulation (Regulation 596/2014) (“MAR”), the Listing Rules, and
the Disclosure Guidance and Transparency Rules of the FCA and/or the JSE Listings Requirements.
On 07 August 2023 the individuals set out below reduced their participatory interests in the Marathon Trust. The Marathon Trust
is a long-term share ownership vehicle established to enable key employees of Ninety One to collectively participate in an
indirect equity shareholding in Ninety One. The participatory interests in the Marathon Trust are not listed or traded on a trading
venue or any other exchange. The Marathon Trust is the sole shareholder of Forty Two Point Two. Forty Two Point Two owns
shares in Ninety One plc and Ninety One Limited. The reduction is equivalent to an interest of 0.0330% of Ninety One shares for
Adam Fletcher and 0.0128% of Ninety One shares for Cora Kielblock. This transaction does not result in the sale of any Ninety
One shares by Forty Two Point Two. Where applicable, clearance to deal in terms of paragraph 3.66 of the JSE Listings
Requirements has been obtained.
1 Details of the person discharging managerial responsibilities / person closely associated /
associate
a) Legal person Adam Fletcher
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 Ordinary shares of GBP0.0001 each
of instrument
Identification code GB00BJHPLV88
b) Nature of the transaction Net sale of participatory interests in the Marathon Trust to
cover taxes due on the vesting of certain participatory
interests in the Marathon Trust.
c) Price(s) and volume(s) Price(s) Volume(s)
N/A N/A
The net participatory interests sold under the transaction
represent an indirect interest of 0.0386% of the ordinary
shares in Ninety One plc.
d) Aggregated information
- Aggregated volume N/A
- Price N/A
e) Date of the transaction 07 August 2023
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely associated /
associate
a) Legal person Adam Fletcher
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 Limited
b) LEI 2138006NUUFPDXHSUP38
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 Ordinary shares of no par value
of instrument
Identification code ZAE000282356
b) Nature of the transaction Net sale of participatory interests in the Marathon Trust to
cover taxes due on the vesting of certain participatory
interests in the Marathon Trust.
c) Price(s) and volume(s) Price(s) Volume(s)
N/A N/A
The net participatory interests sold under the transaction
represent an indirect interest of 0.0212% of the ordinary
shares in Ninety One plc.
d) Aggregated information
- Aggregated volume N/A
- Price N/A
e) Date of the transaction 07 August 2023
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely associated /
associate
a) Legal person Cora Kielblock
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 Ordinary shares of GBP0.0001 each
of instrument
Identification code GB00BJHPLV88
b) Nature of the transaction Net sale of participatory interests in the Marathon Trust to
cover taxes due on the vesting of certain participatory
interests in the Marathon Trust.
c) Price(s) and volume(s) Price(s) Volume(s)
N/A N/A
The net participatory interests sold under the transaction
represent an indirect interest of 0.0150% of the ordinary
shares in Ninety One plc.
d) Aggregated information
- Aggregated volume N/A
- Price N/A
e) Date of the transaction 07 August 2023
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely associated /
associate
a) Legal person Cora Kielblock
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 Limited
b) LEI 2138006NUUFPDXHSUP38
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 Ordinary shares of no par value
of instrument
Identification code ZAE000282356
b) Nature of the transaction Net sale of participatory interests in the Marathon Trust to
cover taxes due on the vesting of certain participatory
interests in the Marathon Trust.
c) Price(s) and volume(s) Price(s) Volume(s)
N/A N/A
The net participatory interests sold under the transaction
represent an indirect interest of 0.0083% of the ordinary
shares in Ninety One plc.
d) Aggregated information
- Aggregated volume N/A
- Price N/A
e) Date of the transaction 07 August 2023
f) Place of the transaction Outside a trading venue
Date of release: 08 August 2023
JSE Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd
