Ninety One Announces Employee Benefit Trust Transactions
Why we think this is neutral
The RNS announcement is about Ninety One's employee benefit trusts acquiring shares on the open market. This is a routine corporate action and does not contain any significant news that would impact the company's fundamentals or future performance.
Key Points
- Ninety One Guernsey Employee Benefit Trust acquired 4,151,246 Ninety One plc shares
- The Ninety One South Africa Employee Benefit Trust acquired 1,027,471 Ninety One Limited shares
- Shares were purchased on-market at an average price of £1.73201 and R41.0035 per share
Summary
The asset manager has announced on-market acquisitions of its own shares by employee benefit trusts.
Ninety One plc and Ninety One Limited have announced that their respective employee benefit trusts have acquired a total of 5,178,717 ordinary shares on the open market. The transactions were carried out on 5 June 2025 for an aggregate purchase consideration of £7,190,000 and R42,129,907 respectively.
DIRECTOR DEALINGS