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Ninety One sets date for shareholder vote on share issuance

Published 06/03/2025, 16:16
Ninety One sets date for shareholder vote on share issuance
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LONDON - Ninety One PLC (LSE:N91) and Ninety One Limited (JSE:NY1), the investment management group with a dual-listed company structure, have announced the publication of a shareholder circular regarding the issuance of shares in connection with their transaction with Sanlam Limited and Sanlam Life Insurance (NSE:LIFI) Limited. The general meetings for shareholders to approve the share issuance are scheduled for Wednesday, April 9, 2025.

The circular, which includes the notice of the general meetings and a form of proxy, was published on Ninety One’s website today. It follows a joint announcement with Sanlam detailing the agreements that establish a long-term active asset management relationship between the two entities. The meetings will be held simultaneously in London and electronically to accommodate shareholders of both Ninety One plc and Ninety One Limited.

Shareholders of Ninety One Limited must be recorded in the register by 18:00 (SA Time) on Friday, February 28, 2025, to be eligible to receive the circular. The posting of the circular will occur on Monday, March 10, 2025. The last days to trade for shareholders of Ninety One Limited and Ninety One plc to participate in their respective general meetings are Tuesday, April 1, 2025, and Wednesday, April 2, 2025.

The voting record times for Ninety One Limited and Ninety One plc shareholders are set for 18:00 (SA Time) on Friday, April 4, 2025, and 18:00 (UK Time) on Monday, April 7, 2025, respectively. Results from the general meetings are expected to be announced on the same day, April 9, 2025, on the Stock Exchange News Service (SENS) and the Regulatory News Service (RNS).

The dates and times provided are subject to potential changes, which would be communicated via RNS and SENS. The circular and this announcement are also available for inspection at the National Storage Mechanism.

This news article is based on a press release statement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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