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REG - Ricardo PLC - Director/PDMR Shareholding

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RNS Number : 5897G  Ricardo PLC  12 March 2024

Ricardo PLC

 

Director / PDMR Shareholdings

 

12 March 2024

London

 

1.   Purchase of Partnership Shares under the Ricardo PLC Share Incentive
Plan

 

Ricardo PLC (the "Company") announces that on 12 March 2024, it received
notification from the trustee (the "Trustee") of the Company's SIP that on 11
March 2024, it purchased an aggregate of 103 shares of 25 pence each in the
Company ("Shares") in the market at a price of £4.370484 per Share on behalf
of the following Persons Discharging Managerial Responsibilities ("PDMRs"):

 

 Name             No. of Shares purchased on 11 March 2024
 Judith Cottrell  34
 Rachel Stringer  34
 Mary Moore       35

 

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  16,562((1))                                0.027%
 Rachel Stringer  743                                        0.001%
 Mary Moore       2,783                                      0.004%

 

((1)        ) Includes 129 shares purchased via the SIP between
November 2023 and February 2024 (inclusive) which had not been accounted for
in the total number of shares held by Judith in the announcement released on 7
March 2024.

 

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 Link Market Services Trustees Limited, the trustee of
                                                                  the Ricardo plc Share Incentive Plan (the "SIP"), on behalf of the Participant
                                                                  relating 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)
                                                                  £4.370484   34
 d)  Aggregated information                                       Not applicable

     -   Aggregated volume

     -   Price
 e)  Date of the transaction                                      2024-03-11
 f)  Place of the transaction                                     London Stock Exchange, Main Market (XLON)

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2024-03-11

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                                    Purchase of Shares by Link Market Services Trustees Limited, the trustee of
                                                                  the Ricardo plc Share Incentive Plan (the "SIP"), on behalf of the Participant
                                                                  relating 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)
                                                                  £4.370484   34
 d)  Aggregated information                                       Not applicable

     -   Aggregated volume

     -   Price
 e)  Date of the transaction                                      2024-03-11
 f)  Place of the transaction                                     London Stock Exchange, Main Market (XLON)

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2024-03-11

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Mary Moore (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 Link Market Services Trustees Limited, the trustee of
                                                                  the Ricardo plc Share Incentive Plan (the "SIP"), on behalf of the Participant
                                                                  relating 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)
                                                                  £4.370484   35
 d)  Aggregated information                                       Not applicable

     -   Aggregated volume

     -   Price
 e)  Date of the transaction                                      2024-03-11
 f)  Place of the transaction                                     London Stock Exchange, Main Market (XLON)

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2024-03-11

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

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