REG - Ricardo PLC - Director/PDMR Shareholding
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RNS Number : 3222R Ricardo PLC 16 July 2025
Ricardo PLC
Director / PDMR Shareholdings
16 July 2025
London
1. Purchase of Partnership Shares under the Ricardo PLC Share Incentive
Plan
Ricardo PLC (the "Company") announces that on 10 July 2025, it received
notification from the trustee (the "Trustee") of the Company's SIP that on 9
July 2025, it purchased an aggregate of 152 shares of 25 pence each in the
Company ("Shares") in the market at a price of £4.29 per Share on behalf of
the following Persons Discharging Managerial Responsibilities ("PDMRs"):
Name No. of Shares purchased on 9 July 2025
Judith Cottrell 35
Rachel Stringer 35
Harpreet Sagoo 35
Diane Christensen 35
Natasha Perfect 12
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 27,042 0.043%
Rachel Stringer 2,529 0.004%
Harpreet Sagoo 445 0.001%
Diane Christensen 445 0.001%
Natasha Perfect 4,167 0.007%
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 MUFG Corporate Markets Trustees (UK) 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)
£4.29 35
d) Aggregated information Not applicable
- Aggregated volume
- Price
e) Date of the transaction 2025-07-09
f) Place of the transaction London Stock Exchange, Main Market (XLON)
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
2025-07-09
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 MUFG Corporate Markets Trustees (UK) 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)
£4.29 35
d) Aggregated information Not applicable
- Aggregated volume
- Price
e) Date of the transaction 2025-07-09
f) Place of the transaction London Stock Exchange, Main Market (XLON)
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
2025-07-09
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 Purchase of Shares by MUFG Corporate Markets Trustees (UK) 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)
£4.29 35
d) Aggregated information Not applicable
- Aggregated volume
- Price
e) Date of the transaction 2025-07-09
f) Place of the transaction London Stock Exchange, Main Market (XLON)
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
2025-07-09
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 Purchase of Shares by MUFG Corporate Markets Trustees (UK) 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)
£4.29 35
d) Aggregated information Not applicable
- Aggregated volume
- Price
e) Date of the transaction 2025-07-09
f) Place of the transaction London Stock Exchange, Main Market (XLON)
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
2025-07-09
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Natasha Perfect (the "Participant")
2 Reason for the notification
a) Position/status PDMR: Group Marketing and Communications 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 MUFG Corporate Markets Trustees (UK) 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)
£4.29 12
d) Aggregated information Not applicable
- Aggregated volume
- Price
e) Date of the transaction 2025-07-09
f) Place of the transaction London Stock Exchange, Main Market (XLON)
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
2025-07-09
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
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