Ninety One’s Employee Trusts Buy Shares Worth Over $10 Million

LONDON - Ninety One plc and Ninety One Limited, the dual-listed investment management firm, disclosed the on-market acquisition of shares by their respective employee benefit trusts, in a transaction that occurred on Friday, June 5, 2025. The London and Johannesburg Stock Exchanges were notified of the dealings, which are in line with the JSE Limited Listings Requirements.

The Ninety One Guernsey Employee Benefit Trust purchased 4,151,246 ordinary shares of Ninety One plc at a price of £1.73201 per share, amounting to a total value of £7,190,000. These shares are listed under the identification code GB00BJHPLV88. The transaction took place on the London Stock Exchange (LON:LSEG) with the necessary clearances obtained.

Simultaneously, The Ninety One South Africa Employee Benefit Trust acquired 1,027,471 ordinary shares of Ninety One Limited at a share price of R41.0035, resulting in an aggregate purchase consideration of R42,129,907. This set of shares, with no par value, is listed under the identification code ZAE000282356 and was traded on the Johannesburg Stock Exchange, also with clearance.

Both transactions represent a significant investment by the employee trusts in the company, reflecting a combined expenditure of over $10 million based on current exchange rates. The acquisition by these trusts is part of the company’s broader strategy to align the interests of its employees with those of its shareholders.

Ninety One has a dual-listed company structure, with Ninety One plc incorporated in England and Wales and Ninety One Limited incorporated in the Republic of South Africa. Both entities share a common management team and operate as a single business.

The news of these transactions is based on a press release statement and has been released to the public on the same day, providing transparency regarding the dealings of the employee benefit trusts associated with Ninety One.

Investors and market watchers often monitor such transactions as they can indicate the company insiders’ confidence in the firm’s financial health and future prospects. However, it is also essential to consider the broader market conditions and other investments when evaluating the significance of these transactions.

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