Business
Dealing In Securities By Employee Benefit Trust
Dealing In Securities By Employee Benefit Trust.
About this update from Ninety One Plc
[{"type":"text","content":"\n \n \n RNS Number : 6992G\n Ninety One PLC\n 19 March 2020\n \n \n \n \n \n \n \n \n Ninety One Limited \n \n \n \n \n \n \n Incorporated in the Republic of South Africa\n \n \n Registration number 2019/526481/06\n \n \n Date of registration: 18 October 2019\n \n \n JSE share code: NY1\n \n \n ISIN: ZAE000282356\n \n \n \n \n \n Ninety One plc\n \n \n \n \n \n \n Incorporated in England and Wales\n \n \n Registration number 12245293 \n \n \n Date of registration: 4 October 2019\n \n \n LSE share code: N91 \n \n \n JSE share code: N91 \n \n \n ISIN: GB00BJHPLV88\n \n \n \n \n \n \n \n \n \n \n \n DEALING IN SECURITIES BY EMPLOYEE BENEFIT TRUSTS\n \n \n \n \n \n As part of the dual listed company structure Ninety One plc and Ninety One Limited notify both the London and Johannesburg Stock Exchanges of the following, in compliance with the Listings Requirements of the JSE Limited:\n \n \n \n \n \n \n \n \n 1\n \n \n \n \n Details of Employee Benefit Trust\n \n \n \n \n \n \n a)\n \n \n \n \n Trust Name\n \n \n \n \n Ninety One Global Share Incentive Plan 2020\n \n \n \n \n \n \n 2\n \n \n \n \n Details of the Issuer\n \n \n \n \n \n \n a) \n \n \n \n \n Name \n \n \n \n \n Ninety One plc\n \n \n \n \n \n \n b) \n \n \n \n \n LEI \n \n \n \n \n 549300G0TJCT3K15ZG14\n \n \n \n \n \n \n 3\n \n \n \n \n Details of the Transaction\n \n \n \n \n \n \n a) \n \n \n \n \n Description of the financial instrument, type of instrument \n \n \n Identification code \n \n \n \n \n Ordinary shares of £0.0001 each\n \n \n GB00BJHPLV88\n \n \n \n \n \n \n b) \n \n \n \n \n Nature of the transaction \n \n \n \n \n Off-market acquisition of 651,548 ordinary shares for an aggregate purchase consideration of £1,000,000 by the trustee of the Ninety One Global Share Incentive Plan 2020 in terms of a Share Purchase Agreement entered into with the trustee of The Investec Plc Jersey Trust Number 1 \n \n \n \n \n \n \n c) \n \n \n \n \n Number of Securities \n \n \n \n \n 651,548\n \n \n \n \n \n \n d) \n \n \n \n \n Total value of transaction\n \n \n \n \n £1,000,000\n \n \n \n \n \n \n e)\n \n \n \n \n Date of the transaction \n \n \n \n \n 16 March 2020\n \n \n \n \n \n \n f)\n \n \n \n \n Place of the transaction \n \n \n \n \n London\n \n \n \n \n \n \n g)\n \n \n \n \n Clearance obtained \n \n \n \n \n Yes\n \n \n \n...