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Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two buys 126,013 shares at £1.95 each in Ninety One PLC, worth £245,725.35, on Thursday and Friday last week. Forty Two Point Two is wholly owned by the Marathon Trust.
Chief Executive Hendrik du Toit and Finance Director Kim McFarland are associated with the trust. Ninety One Assurance Ltd director Johan Schreuder, Ninety One Guernsey Ltd director Adam Fletcher and Ninety One Guernsey Ltd director David McGillveray are also associates of the trust.
Forty Two Point Two last acquired 27,720 shares for about £50,727.60 in December.
Current stock price in London: 198.10 pence, down 0.3% on Monday
12-month change: down 23%
Current stock price in Johannesburg: R 41.51, down 0.4%
12-month change: down 21%
By Artwell Dlamini, Alliance News reporter
Comments and questions to newsroom@alliancenews.com
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