REG - Ricardo PLC - Director/PDMR Shareholding
23/04/2025 08:00
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RNS Number : 6124F Ricardo PLC 23 April 2025
Ricardo PLC
Director / PDMR Shareholdings
23 April 2025
London
Award of Dividend Shares under the Ricardo PLC Share Incentive Plan (the
"SIP")
Ricardo PLC (the "Company") announces that, on 15 April 2025, it received
notification from the trustee (the "Trustee") of the Company's SIP that on 11
April 2025 it awarded an aggregate of 15 ordinary shares of 25 pence each in
the Company ("Shares") at a price of £2.279 per Share to the following
Persons Discharging Managerial Responsibilities ("PDMRs"):
Name No. of Shares awarded on 11 April 2025
Judith Cottrell 4
Harpreet Sagoo 1
Rachel Stringer 6
Jason O'Donnell 3
Diane Christensen 1
These awards related to the "Dividend Share" element of the SIP and reflect
the automatic reinvestment in further Shares of dividends received in respect
of the relevant individuals' SIP shareholdings.
Purchase of Shares
The Company also announces that, on 11 April 2025, Graham Ritchie, a Director
and PDMR, purchased 491 Shares in the market at a price of £2.29 per Share.
This transaction was as a result of an automatic reinvestment of dividends.
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 26,904 0.043%
Harpreet Sagoo 307 0.0001%
Rachel Stringer 2,390 0.004%
Jason O'Donnell 386 0.001%
Diane Christensen 307 0.0001%
Graham Ritchie 67,218 0.108%
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 Award to the Participant of dividend reinvestment Shares by Link Market
Services Trustees Limited, the trustee of the Ricardo plc Share Incentive
Plan.
c) Price(s) and volume(s) Price(s) Volume(s)
£2.279 4
d) Aggregated information Not applicable
- Aggregated volume
- Price
e) Date of the transaction 2025-04-11
f) Place of the transaction London Stock Exchange, Main Market (XLON)
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
2025-04-11
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Harpreet Sagoo (the "Participant")
2 Reason for the notification
a) Position/status PDMR: General Counsel and Company Secretary
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 Award to the Participant of dividend reinvestment Shares by Link Market
Services Trustees Limited, the trustee of the Ricardo plc Share Incentive
Plan.
c) Price(s) and volume(s) Price(s) Volume(s)
£2.279 1
d) Aggregated information Not applicable
- Aggregated volume
- Price
e) Date of the transaction 2025-04-11
f) Place of the transaction London Stock Exchange, Main Market (XLON)
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
2025-04-11
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 Award to the Participant of dividend reinvestment Shares by Link Market
Services Trustees Limited, the trustee of the Ricardo plc Share Incentive
Plan.
c) Price(s) and volume(s) Price(s) Volume(s)
£2.279 6
d) Aggregated information Not applicable
- Aggregated volume
- Price
e) Date of the transaction 2025-04-11
f) Place of the transaction London Stock Exchange, Main Market (XLON)
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
2025-04-11
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Jason O'Donnell (the "Participant")
2 Reason for the notification
a) Position/status PDMR: Managing Director, Automotive and Industrial
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 Award to the Participant of dividend reinvestment Shares by Link Market
Services Trustees Limited, the trustee of the Ricardo plc Share Incentive
Plan.
c) Price(s) and volume(s) Price(s) Volume(s)
£2.279 3
d) Aggregated information Not applicable
- Aggregated volume
- Price
e) Date of the transaction 2025-04-11
f) Place of the transaction London Stock Exchange, Main Market (XLON)
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
2025-04-11
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Diane Christensen (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 Award to the Participant of dividend reinvestment Shares by Link Market
Services Trustees Limited, the trustee of the Ricardo plc Share Incentive
Plan.
c) Price(s) and volume(s) Price(s) Volume(s)
£2.279 1
d) Aggregated information Not applicable
- Aggregated volume
- Price
e) Date of the transaction 2025-04-11
f) Place of the transaction London Stock Exchange, Main Market (XLON)
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
2025-04-11
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Graham Ritchie
2 Reason for the notification
a) Position/status PDMR: Chief Executive 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 as a result of automatic reinvestment of dividends.
c) Price(s) and volume(s) Price(s) Volume(s)
£2.29 491
d) Aggregated information Not applicable
- Aggregated volume
- Price
-
e) Date of the transaction 2025-04-11
f) Place of the transaction London Stock Exchange, Main Market (XLON)
d)
Aggregated information
- Aggregated volume
- Price
-
Not applicable
e)
Date of the transaction
2025-04-11
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
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