REG - Ricardo PLC - Director/PDMR Shareholding
28/11/2023 16:00
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RNS Number : 9531U Ricardo PLC 28 November 2023
Ricardo PLC
Director / PDMR Shareholdings
28 November 2023
London
1. 2020 Long Term Incentive Plan - vesting of plan cycle 14
Ricardo PLC (the "Company") announces that, on 27 November 2023, a total of
31,355 ordinary shares of 25 pence each ("Shares") vested in favour of Persons
Discharging Managerial Responsibilities ("PDMRs") under the terms of the
Company's 2020 Long Term Incentive Plan (the "LTIP"). This vesting, details
of which are provided below, related to awards that were granted under the
LTIP on 27 November 2020. Full details of the Remuneration Committee's
assessment of the Company's performance against the vesting conditions will be
provided in the 2024 Directors' Remuneration Report.
Name Role No. of Shares that vested on 27 November 2023
Mike Bell PDMR 6,760
Chester Gryczan PDMR 16,457
Clive Wotton PDMR 8,138
2. Realisation of value of shares
Immediately on vesting of the above awards, the PDMRs realised value in
respect of the following Shares at a price of £4.65:
Name Role No. of Shares realised for value on 27 November 2023
Mike Bell PDMR 3,178
Chester Gryczan PDMR 16,457
Clive Wotton PDMR 8,138
3. Net current total holdings of Shares
Following the above notifications, the total holdings of Shares of the
relevant PDMRs are as follows:
Name Role Total holding following this notification Approximate % of Company's issued share capital
Mike Bell PDMR 6,352 0.010%
Chester Gryczan PDMR 0 0.000%
Clive Wotton PDMR 0 0.000%
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 Mike Bell
2 Reason for the notification
a) Position/status PDMR: Chief Strategy and Digital 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 Vesting of award granted on pursuant to the terms of the Ricardo 2020 Long
Term Incentive Plan
c) Price(s) and volume(s) Price(s) Volume(s)
£0 6,760
d) Aggregated information
- Aggregated volume Not applicable
- Price
e) Date of the transaction 2023-11-27
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(s) Volume(s)
£4.65 3,178
d) Aggregated information
- Aggregated volume Not applicable
- Price
e) Date of the transaction 2023-11-27
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
2023-11-27
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(s) Volume(s)
£4.65 3,178
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
2023-11-27
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Chester Gryczan
2 Reason for the notification
a) Position/status PDMR: President - Ricardo Defense Systems
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 pursuant to the terms of the Ricardo 2020 Long
Term Incentive Plan
c) Price(s) and volume(s) Price(s) Volume(s)
£0 16,457
d) Aggregated information
- Aggregated volume Not applicable
- Price
e) Date of the transaction 2023-11-27
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(s) Volume(s)
£4.65 16,457
d) Aggregated information
- Aggregated volume Not applicable
- Price
e) Date of the transaction 2023-11-27
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
2023-11-27
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(s) Volume(s)
£4.65 16,457
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
2023-11-27
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Clive Wotton
2 Reason for the notification
a) Position/status PDMR: Group Director, Sustainability, Quality and Risk
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 pursuant to the terms of the Ricardo 2020 Long
Term Incentive Plan
c) Price(s) and volume(s) Price(s) Volume(s)
£0 8,138
d) Aggregated information
- Aggregated volume Not applicable
- Price
e) Date of the transaction 2023-11-27
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(s) Volume(s)
£4.65 8,138
d) Aggregated information
- Aggregated volume Not applicable
- Price
e) Date of the transaction 2023-11-27
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
2023-11-27
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(s) Volume(s)
£4.65 8,138
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
2023-11-27
f)
Place of the transaction
Outside a trading venue
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