REG - Ricardo PLC - Director/PDMR Shareholding

RicardoAnnouncement

12/04/2022 17:30

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RNS Number : 1793I  Ricardo PLC  12 April 2022

Ricardo PLC

 

Director / PDMR Shareholdings

 

12 April 2022

London

 

2014 Long Term Incentive Plan - Vesting of cycle 12B award and realisation of
shares for value

 

Ricardo PLC (the "Company") announces that, on 11 April 2022, a total of 1,000
ordinary shares of 25 pence each ("Shares") vested in favour of Chris Hopper,
a person discharging managerial responsibilities, under the terms of the
Company's 2014 Long Term Incentive Plan (the "LTIP").  This vesting related
to an award that was granted to him under the LTIP on 10 April 2019.

 

Immediately on vesting of the above award, Chris Hopper realised value in
respect of all of the vested Shares at a price of £3.80.

 

Following the above notification, Chris Hopper does not hold any Shares in the
Company.

 

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                                                         Chris Hopper
 2   Reason for the notification
 a)  Position/status                                              PDMR: Finance Director - Software
 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                                    Vesting of award granted on 10 April 2019 pursuant to the terms of the Ricardo
                                                                  plc 2014 Long Term Incentive Plan
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  £0        1,000
 d)  Aggregated information

     -   Aggregated volume                                        Not applicable

     -   Price
 e)  Date of the transaction                                      2022-04-11
 f)  Place of the transaction                                     Outside a trading venue
 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                                    Shares realised for value
 c)  Price(s) and volume(s)                                       Price   Volume
                                                                  £3.80   1,000
 d)  Aggregated information

     -   Aggregated volume                                        Not applicable

     -   Price
 e)  Date of the transaction                                      2022-04-11
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

-   Aggregated volume

-   Price

 

Not applicable

e)

Date of the transaction

2022-04-11

f)

Place of the transaction

Outside a trading venue

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

Shares realised for value

c)

Price(s) and volume(s)

 Price   Volume
 £3.80   1,000

d)

Aggregated information

-   Aggregated volume

-   Price

 

Not applicable

e)

Date of the transaction

2022-04-11

f)

Place of the transaction

Outside a trading venue

 

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