Director/PDMR Shareholding

Ricardo

23/04/2025 08:00

RNS Number : 6124F

Ricardo PLC

23 April 2025

 

Ricardo PLC

 

Director / PDMR Shareholdings

 

23 April 2025

London

 

Award of Dividend Shares under the Ricardo PLC Share Incentive Plan (the "SIP")

 

Ricardo PLC (the "Company") announces that, on 15 April 2025, it received notification from the trustee (the "Trustee") of the Company's SIP that on 11 April 2025 it awarded an aggregate of 15 ordinary shares of 25 pence each in the Company ("Shares") at a price of £2.279 per Share to the following Persons Discharging Managerial Responsibilities ("PDMRs"):

 

Name
No. of Shares awarded on 11 April 2025
Judith Cottrell
4
Harpreet Sagoo
1
Rachel Stringer
6
Jason O'Donnell
3
Diane Christensen
1

 

These awards related to the "Dividend Share" element of the SIP and reflect the automatic reinvestment in further Shares of dividends received in respect of the relevant individuals' SIP shareholdings.

 

Purchase of Shares

 

The Company also announces that, on 11 April 2025, Graham Ritchie, a Director and PDMR, purchased 491 Shares in the market at a price of £2.29 per Share. This transaction was as a result of an automatic reinvestment of dividends.

 

Following the above transactions, the total beneficial holdings of Shares of the relevant PDMRs are set out below:

 

Name
Total holding following this notification
Approximate % of Company's issued share capital
Judith Cottrell
26,904
0.043%
Harpreet Sagoo
307
0.0001%
Rachel Stringer
2,390
0.004%
Jason O'Donnell
386
0.001%
Diane Christensen
307
0.0001%
Graham Ritchie
67,218
0.108%

 

The following notifications are intended to satisfy the Company's obligations under Article 19(3) of EU Regulation No 596/2014 (the Market Abuse Regulation).

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Judith Cottrell (the "Participant")
2
Reason for the notification
a)
Position/status
PDMR: Chief Financial Officer
b)
Initial notification/ Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Ricardo plc
b)
LEI
213800ZNYAY35F4XB814
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Ordinary shares of 25p each ("Shares")
Identification code
GB0007370074
b)
Nature of the transaction
Award to the Participant of dividend reinvestment Shares by Link Market Services Trustees Limited, the trustee of the Ricardo plc Share Incentive Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£2.279
4
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
2025-04-11
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)

 

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Harpreet Sagoo (the "Participant")
2
Reason for the notification
a)
Position/status
PDMR: General Counsel and Company Secretary
b)
Initial notification/ Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Ricardo plc
b)
LEI
213800ZNYAY35F4XB814
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Ordinary shares of 25p each ("Shares")
Identification code
GB0007370074
b)
Nature of the transaction
Award to the Participant of dividend reinvestment Shares by Link Market Services Trustees Limited, the trustee of the Ricardo plc Share Incentive Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£2.279
1
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
2025-04-11
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)

 

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Rachel Stringer (the "Participant")
2
Reason for the notification
a)
Position/status
PDMR: Global President, Clean Energy and Environmental Solutions
b)
Initial notification/ Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Ricardo plc
b)
LEI
213800ZNYAY35F4XB814
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Ordinary shares of 25p each ("Shares")
Identification code
GB0007370074
b)
Nature of the transaction
Award to the Participant of dividend reinvestment Shares by Link Market Services Trustees Limited, the trustee of the Ricardo plc Share Incentive Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£2.279
6
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
2025-04-11
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)

 

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Jason O'Donnell (the "Participant")
2
Reason for the notification
a)
Position/status
PDMR: Managing Director, Automotive and Industrial
b)
Initial notification/ Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Ricardo plc
b)
LEI
213800ZNYAY35F4XB814
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Ordinary shares of 25p each ("Shares")
Identification code
GB0007370074
b)
Nature of the transaction
Award to the Participant of dividend reinvestment Shares by Link Market Services Trustees Limited, the trustee of the Ricardo plc Share Incentive Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£2.279
3
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
2025-04-11
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)

 

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Diane Christensen (the "Participant")
2
Reason for the notification
a)
Position/status
PDMR: Group People, Team and Organisation Director
b)
Initial notification/ Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Ricardo plc
b)
LEI
213800ZNYAY35F4XB814
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Ordinary shares of 25p each ("Shares")
Identification code
GB0007370074
b)
Nature of the transaction
Award to the Participant of dividend reinvestment Shares by Link Market Services Trustees Limited, the trustee of the Ricardo plc Share Incentive Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£2.279
1
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
2025-04-11
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)

 

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Graham Ritchie
2
Reason for the notification
a)
Position/status
PDMR: Chief Executive Officer
b)
Initial notification/ Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Ricardo plc
b)
LEI
213800ZNYAY35F4XB814
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Ordinary shares of 25p each ("Shares")
Identification code
GB0007370074
b)
Nature of the transaction
Purchase of Shares as a result of automatic reinvestment of dividends.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£2.29
491
d)
Aggregated information
- Aggregated volume
- Price
-
Not applicable
e)
Date of the transaction
2025-04-11
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)

 

 

 

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