NINETY ONE PLC - Notification of transactions by relevant Directors, Persons Discharging Managerial Responsibilities

What this filing means

Forty Two Point Two — a company wholly owned by the Marathon Trust, whose beneficiaries include Ninety One directors Hendrik du Toit, Kim McFarland, and others — acquired 943,365 Ninety One plc ordinary shares in two transactions on 7 and 8 July 2026, at GBP 2.1589 and GBP 2.1116 respectively. This is a mandatory UK MAR and JSE regulatory disclosure; the filing gives no management commentary on why the trust bought shares. Materiality is flagged low, and the transaction is routine administrative disclosure, not a directional signal about the business.

A trust connected to several Ninety One directors bought nearly a million pounds worth of the company's own shares on the open market. This looks like an insider buy on the surface, but it is actually a mandatory legal filing required whenever people closely connected to directors trade the company's stock — it does not tell you whether the directors think the shares are cheap or expensive. There is no explanation in the filing for why the purchase was made.