Ninety One (GB:N91) has released an update.
Ninety One, a financial institution with a dual-listed structure on the London and Johannesburg Stock Exchanges, has reported an off-market acquisition by its South Africa Employee Benefit Trust. The Trust purchased 2,730,068 ordinary shares at a price of R37.89 each, totalling an investment of R103,442,277. This move demonstrates Ninety One’s commitment to employee participation in the company’s growth.
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