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Ninety One plc Repurchase of Shares

Published: 2025-03-31 17:30:27 ET
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Ninety One plc                                        Ninety One Limited
Incorporated in England and Wales                     Incorporated in the Republic of South Africa
Registration number 12245293                          Registration number 2019/526481/06
Date of registration: 4 October 2019                  Date of registration: 18 October 2019
LSE share code: N91                                   JSE share code: NY1
JSE share code: N91                                   ISIN: ZAE000282356
ISIN: GB00BJHPLV88
LEI: 549300G0TJCT3K15ZG14




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”), beginning with an initial tranche of up to £5 million. 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 on the London Stock Exchange, 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 its intention to increase the initial tranche of the Programme from up to £5 million to up to
£25 million and to extend the date for purchases to be completed to no later than 31 March 2026 (subject to regulatory
approval remaining in place).

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 2025
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.