REG - Ricardo PLC - Director/PDMR Shareholding

RicardoAnnouncement

08/10/2024 17:45

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RNS Number : 4330H  Ricardo PLC  08 October 2024

Ricardo PLC

 

Director / PDMR Shareholdings

 

8 October 2024

London

 

1.         2021 Deferred Bonus Plan - vesting of award granted in 2022
with a 2-year deferral period

 

Ricardo PLC (the "Company") announces that, on 7 October 2024, a total of
1,308 ordinary shares of 25 pence each ("Shares") vested in favour of a Person
Discharging Managerial Responsibilities ("PDMR") under the terms of the
Company's 2021 Deferred Bonus Plan ("DBP"). This award (which included
dividend entitlements) was granted on 6 October 2022. It vested following the
end of a two-year Deferral Period and was not subject to performance
conditions. Further details of this vesting are provided below.

 

  Name            Role  No. of Shares that vested on 7 October 2024
 Chester Gryczan  PDMR  1,308

 

 

2.             Realisation of value of shares

 

Immediately on the vesting of the award referred to in section 1 above,
Chester Gryczan realised value in respect of the following Shares at a price
of £4.28.

 

  Name            Role  No. of Shares realised for value on 7 October 2024
 Chester Gryczan  PDMR  1,308

 

3.             Net current total holdings of Shares

 

Following the above notifications, Chester Gryczan's total holding of Shares
is as follows:

 

  Name            Role  Total holding following this notification  Approximate % of Company's issued share capital
 Chester Gryczan  PMDR  0                                          0%

 

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                                                         Chester Gryczan
 2   Reason for the notification
 a)  Position/status                                              PDMR: President - Ricardo Defense
 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 6 October 2022 pursuant to the terms of the
                                                                  Ricardo plc 2021 Deferred Bonus Plan
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  £0        1,308
 d)  Aggregated information

     -   Aggregated volume

     -   Price                                                      Not applicable

 e)  Date of the transaction                                      7 October 2024
 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)
                                                                  £4.28     1,308
 d)  Aggregated information                                       Not applicable

     -   Aggregated volume

     -   Price
 e)  Date of the transaction                                      7 October 2024
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

-   Aggregated volume

-   Price

 

 

  Not applicable

 

e)

Date of the transaction

7 October 2024

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)
 £4.28     1,308

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

7 October 2024

f)

Place of the transaction

Outside a trading venue

 

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