REG - Ricardo PLC - Director/PDMR Shareholding

RicardoAnnouncement

19/03/2025 09:00

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RNS Number : 2836B  Ricardo PLC  19 March 2025

Ricardo PLC

 

Director / PDMR Shareholdings

 

19 March 2025

London

 

1.         2020 Long Term Incentive Plan - vesting of plan cycle 15B

 

Ricardo PLC (the "Company") announces that, on 14 March 2025, a total of 8,000
ordinary shares of 25 pence each ("Shares") vested in favour of Mike Bell, a
Person Discharging Managerial Responsibilities ("PDMR"), under the terms of
the Company's 2020 Long Term Incentive Plan (the "LTIP"). This award was
granted on 14 March 2022 and was not subject to any performance conditions.

 

 

2.             Realisation of value of shares

 

Immediately on the vesting of the award referred to in section 1 above, Mike
Bell realised value in respect of 3,760 Shares at a price of £2.48.

 

 

3.             Net current total holdings of Shares

 

Following the above notifications, Mike Bell's total holding of Shares is
10,592, equal to approximately 0.017% of the Company's issued share capital.

 

 

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 14 March 2022 pursuant to the terms of the Ricardo
                                                                  plc 2020 Long Term Incentive Plan
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  £0        8,000
 d)  Aggregated information

     -   Aggregated volume

     -   Price                                                      Not applicable

 e)  Date of the transaction                                      14 March 2025
 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)
                                                                  £2.48     3,760
 d)  Aggregated information                                       Not applicable

     -   Aggregated volume

     -   Price
 e)  Date of the transaction                                      14 March 2025
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

-   Aggregated volume

-   Price

 

 

  Not applicable

 

e)

Date of the transaction

14 March 2025

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)
 £2.48     3,760

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

14 March 2025

f)

Place of the transaction

Outside a trading venue

 

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