As we have communicated previously, the dual listing has resulted in a change to our corporate structure. The ultimate parent company now listed on the LSE is Ninety One plc (incorporated under the Companies Act 2006 and registered in England and Wales with registered number 12245293) (ticker: N91 LN) and on the JSE this is Ninety One Limited (incorporated and registered in the Republic of South Africa with registration number 2019/526481/06) (ticker: NY1 SJ). Ninety One plc has a secondary listing on the JSE (ticker: N91 SJ).
In addition to the two listed companies, there has been some reorganisation of the corporate structure. Please see our new corporate structure here
Please note that, from a technical perspective, the demerger and corporate structure change constitutes a ‘change of control’. However, the corporate entity with which you contract will not change, other than its name, and our obligations under the contract will not change. As such, there is no need to recontract, novate or to amend your existing contract with us. We are the same business providing the same services.
If you would like to explore this further, please get in touch with your Ninety One Relationship Manager who will be delighted to help.