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

▲ Bull case

• •The transaction maintains overall director alignment, as the disposal of 700,000 Ninety One Limited shares was offset by a simultaneous acquisition of 700,000 Ninety One plc shares by the Marathon Trust.
• •The activity is a structural rebalancing between the dual-listed entities by a known associated entity, rather than a net exit or reduction in overall executive exposure.