Ninety One builds 5% stake in Remgro, crossing major ownership threshold

Remgro Limited has received formal notification of a significant securities acquisition by clients of Ninety One SA (Pty) Ltd.

Ninety One now holds a 5.0156% beneficial interest in the total issued ordinary shares of Remgro.

The transaction triggered mandatory disclosure under the South African Companies Act and JSE Listings Requirements for crossing the 5% threshold.

This acquisition establishes a substantial position for the asset manager within the investment holding company.