Ninety One (GB:N91) has released an update.
Ninety One has announced the award of forfeitable shares to its key executives, including Directors Hendrik du Toit and Kim McFarland, as part of the company’s Executive Incentive Plan for the 2024 financial year. The shares are granted for nil consideration, vesting over three years with additional retention periods, thereby aligning executive compensation with long-term shareholder interests. The transactions were conducted on the London Stock Exchange and involve substantial volumes of shares awarded at no cost to the recipients.
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