03 Jun - 5 min read

Dealing in securities

Dealing in securities

Ninety One Limited                                              Ninety One plc
Incorporated in the Republic of South Africa                    Incorporated in England and Wales
Registration number 2019/526481/06                              Registration number 12245293
Date of registration: 18 October 2019                           Date of registration: 4 October 2019
JSE share code: NY1                                             LSE share code: N91
ISIN: ZAE000282356                                              JSE share code: N91
                                                                ISIN: GB00BJHPLV88


Notification of transactions by relevant Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and
persons closely associated with them, prescribed officers, companies secretaries and associates

As part of the dual listed company structure, Ninety One plc and Ninety One Limited (together "Ninety One") notify both the
London and Johannesburg Stock Exchanges of those interests (and changes to those interests) of (i) directors of both entities
and the respective company secretaries and such persons’ respective associates and persons closely associated with them, (ii)
prescribed officers and persons discharging managerial responsibilities ("PDMRs") and such persons’ respective associates and
persons closely associated with them, and (iii) in certain instances the directors and company secretaries of major subsidiaries
of Ninety One and such persons’ respective associates, in the securities of Ninety One plc and Ninety One Limited which are
required to be disclosed under Article 19(1) of the Market Abuse Exit Regulations 2019 (“UK MAR”), the Listing Rules, and the
Disclosure Guidance and Transparency Rules of the FCA and/or the JSE Listings Requirements.

On 29 May 2021, conditional shares awarded under the Investec plc Executive Incentive Plan 2013 (the "Plan") vested and Fani
Titi sold his shares on 1 June 2021. Additionally, for Fani Titi, a portion of a contractual annual fixed allowance payable in
shares (the "Fixed Allowance Shares"), granted by Investec plc, was released on 29 May 2021 and sold on 1 June 2021.

Disposal of shares by a director

The vesting of conditional shares and the release of Fixed Allowance Shares (both previously granted by Investec plc) incurred
a tax liability. In order to settle this liability, Fani Titi disposed of the following number of shares on 1 June 2021.

  1    Details of the person discharging managerial responsibilities / person closely associated /
       associate

 a)    Legal person                                    Fani Titi

 2     Reason for the notification

 a)    Position/status                                 Director

 b)    Initial notification /Amendment                 Initial notification

 3     Details of the issuer, emission allowance market participant, auction platform, auctioneer or
       auction monitor

 a)    Name                                            Ninety One plc

 b)    LEI                                             549300G0TJCT3K15ZG14

 4     Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
       transaction; (iii) each date; and (iv) each place where transactions have been conducted

 a)    Description of the financial instrument, type   Ordinary shares of GBP0.0001 each
       of instrument

       Identification code                             GB00BJHPLV88

 b)    Nature of the transaction                       On market sale of shares following the vesting of conditional
                                                       shares and release of shares.


 c)    Price(s) and volume(s)                           Price(s)                       Volume(s)

                                                        GBP 2.37                       49,280



 d)    Aggregated information

       - Aggregated volume                             49,280
       - Price                                         GBP 2.37

 e)    Date of the transaction                         1 June 2021

 f)    Place of the transaction                        London


In compliance with Rules 3.63 – 3.74 of the JSE Listings Requirements we disclose the following additional information:
  Volume weighted average price                       £2.37
  Total value of transaction                          £117,142.59
  Highest price                                       £2.38
  Lowest price                                        £2.36
  Nature of interest                                  Direct beneficial


Take up of shares following vesting of conditional shares

Hendrik du Toit received the following number of shares following vesting of conditional shares on 29 May 2021, previously
granted by Investec plc under the Plan.


  1    Details of the person discharging managerial responsibilities / person closely associated /
       associate

 a)    Legal person                                    Hendrik du Toit

 2     Reason for the notification

 a)    Position/status                                 Director

 b)    Initial notification /Amendment                 Initial notification

 3     Details of the issuer, emission allowance market participant, auction platform, auctioneer or
       auction monitor

 a)    Name                                            Ninety One plc

 b)    LEI                                             549300G0TJCT3K15ZG14

 4     Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
       transaction; (iii) each date; and (iv) each place where transactions have been conducted

 a)    Description of the financial instrument, type   Ordinary shares of GBP0.0001 each
       of instrument

       Identification code                             GB00BJHPLV88

 b)    Nature of the transaction                       Off market take up of shares on vesting of conditional
                                                       shares.


 c)    Price(s) and volume(s)                           Price(s)                      Volume(s)

                                                        GBP 2.37                      18,451

 d)    Aggregated information

       - Aggregated volume                             18,451

       - Price                                         GBP 2.37

 e)    Date of the transaction                         1 June 2021

 f)    Place of the transaction                        London


In compliance with Rules 3.63 – 3.74 of the JSE Listings Requirements we disclose the following additional information:

 Price                                                 £2.37
 Total value of transaction                            £43,791.29
 Highest price                                         N/A
 Lowest price                                          N/A
 Nature of interest                                    Direct beneficial

Take up of shares following vesting of conditional shares

Kim McFarland received the following number of shares following vesting of conditional shares on 29 May 2021, previously
granted by Investec plc under the Plan.


  1    Details of the person discharging managerial responsibilities / person closely associated /
       associate

 a)    Legal person                                    Kim McFarland

 2     Reason for the notification

 a)    Position/status                                 Director

 b)    Initial notification /Amendment                 Initial notification

 3     Details of the issuer, emission allowance market participant, auction platform, auctioneer or
       auction monitor

 a)    Name                                            Ninety One plc

 b)    LEI                                             549300G0TJCT3K15ZG14

 4     Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
       transaction; (iii) each date; and (iv) each place where transactions have been conducted

 a)    Description of the financial instrument, type   Ordinary shares of GBP0.0001 each
       of instrument

       Identification code                             GB00BJHPLV88

 b)    Nature of the transaction                       Off market take up of shares on vesting of conditional
                                                       shares.


 c)    Price(s) and volume(s)                           Price(s)                      Volume(s)

                                                        GBP 2.37                      7,220

 d)    Aggregated information

       - Aggregated volume                             7,220

       - Price                                         GBP 2.37

 e)    Date of the transaction                         1 June 2021

 f)    Place of the transaction                        London


In compliance with Rules 3.63 – 3.74 of the JSE Listings Requirements we disclose the following additional information:

 Price                                                 £2.37
 Total value of transaction                            £17,135.83
 Highest price                                         N/A
 Lowest price                                          N/A
 Nature of interest                                    Direct beneficial

Date of release: 3 June 2021
JSE Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd

Date: 03-06-2021 02:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

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