RNS Number : 2846C
Ricardo PLC
07 October 2025
Ricardo PLC
Director / PDMR Shareholdings
7 October 2025
London
1. Purchase of Partnership Shares under the Ricardo PLC Share Incentive Plan
Ricardo PLC (the "Company") announces that on 3 October 2025, it received notification from the trustee (the "Trustee") of the Company's SIP that on 3 October 2025, it purchased an aggregate of 152 ordinary shares of 25 pence each in the Company ("Shares") at a price of £4.296 per Share to the following Persons Discharging Managerial Responsibilities ("PDMRs"):
Name
No. of Shares purchased on 11 August 2025
Judith Cottrell
35
Rachel Stringer
35
Harpreet Sagoo
35
Diane Christensen
35
Natasha Perfect
12
These purchases related to the "Partnership Share" element of the SIP and were made using deductions from the relevant individuals' gross salaries.
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
27,148
0.044%
Rachel Stringer
2,634
0.004%
Harpreet Sagoo
551
0.001%
Diane Christensen
551
0.001%
Natasha Perfect
4,202
0.007%
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
Purchase of Shares by MUFG Corporate Markets Trustees (UK) Limited, the trustee of the Ricardo plc Share Incentive Plan (the "SIP"), on behalf of the Participantrelating to the "Partnership Share" element of the SIP using deductions from the Participant's gross salary.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£4.296
35
d)
Aggregated information - Aggregated volume - Price
Not applicable
e)
Date of the transaction
2025-10-03
f)
Place of the transaction
Outside a trading venue
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
Purchase of Shares by MUFG Corporate Markets Trustees (UK) Limited, the trustee of the Ricardo plc Share Incentive Plan (the "SIP"), on behalf of the Participantrelating to the "Partnership Share" element of the SIP using deductions from the Participant's gross salary.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£4.296
35
d)
Aggregated information - Aggregated volume - Price
Not applicable
e)
Date of the transaction
2025-10-03
f)
Place of the transaction
Outside a trading venue
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
Purchase of Shares by MUFG Corporate Markets Trustees (UK) Limited, the trustee of the Ricardo plc Share Incentive Plan (the "SIP"), on behalf of the Participantrelating to the "Partnership Share" element of the SIP using deductions from the Participant's gross salary.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£4.296
35
d)
Aggregated information - Aggregated volume - Price
Not applicable
e)
Date of the transaction
2025-10-03
f)
Place of the transaction
Outside a trading venue
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
Purchase of Shares by MUFG Corporate Markets Trustees (UK) Limited, the trustee of the Ricardo plc Share Incentive Plan (the "SIP"), on behalf of the Participantrelating to the "Partnership Share" element of the SIP using deductions from the Participant's gross salary.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£4.296
35
d)
Aggregated information - Aggregated volume - Price
Not applicable
e)
Date of the transaction
2025-10-03
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Natasha Perfect (the "Participant")
2
Reason for the notification
a)
Position/status
PDMR: Group Marketing and Communications 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
Purchase of Shares by MUFG Corporate Markets Trustees (UK) Limited, the trustee of the Ricardo plc Share Incentive Plan (the "SIP"), on behalf of the Participantrelating to the "Partnership Share" element of the SIP using deductions from the Participant's gross salary.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£4.296
12
d)
Aggregated information - Aggregated volume - Price
Not applicable
e)
Date of the transaction
2025-10-03
f)
Place of the transaction
Outside a trading venue
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