Ninety One (GB:N91) has released an update.
Ninety One has announced the vesting of the second tranche of long-term conditional shares for directors Hendrik du Toit and Kim McFarland, originally granted in 2020 under the Executive Incentive Plan. Du Toit retained all vested shares subject to a 12-month holding period, while McFarland sold a portion to cover tax obligations, also keeping the remainder under the same holding conditions. The transactions, which were required to be disclosed under financial regulations, took place on the 6th of June 2024, with shares valued at £1.58 each.
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