REG - Science Group PLC Ricardo PLC - Increased Shareholding in Ricardo plc

RicardoAnnouncement

04/04/2025 07:00

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RNS Number : 6254D  Science Group PLC  04 April 2025

 

4 April 2025

 

Science Group plc

(the "Group" or "Science Group")

 

Increased Shareholding in Ricardo plc

 

Science Group has further increased its shareholding in Ricardo plc
("Ricardo") to 11,875,242 shares, equivalent to approximately 19.09% of the
voting rights. The average cost (including fees) is 235 pence per share.
Science Group may or may not increase its shareholding in Ricardo.

 

Science Group is the second largest shareholder in Ricardo. Science Group's
position has been set out in the following announcements:

 

·    17 March 2025:
www.sciencegroup.com/news-detail/response-to-ricardo-plc-17-03-25
(http://www.sciencegroup.com/news-detail/response-to-ricardo-plc-17-03-25)

 

·    31 March 2025: www.sciencegroup.com/news-detail/update-on-ricardo-plc
(http://www.sciencegroup.com/news-detail/update-on-ricardo-plc)

 

Science Group notes that Ricardo has not yet responded in a substantive manner
to the corporate and operational matters raised in those announcements.

 

 

 

- Ends -

 For further information:

Science Group plc
 Martyn Ratcliffe, Executive Chair                                               Tel: +44 (0) 1223 875 200
 Jon Brett, Finance Director                                                     www.sciencegroup.com
                                         (https://protect.checkpoint.com/v2/r06/___http:/www.sciencegroup.com___.ZXV3MjpuZXh0MTU6YzpvOjU0ZGI5YzMxZTIyYWRjYjNiNDllZDg0YzAwYjdlYTg0Ojc6ODkyNTpiMmM0ZGYxMGZmNjg5OGUzNTZjZDliYzcxZTZjOWMxY2YxNDJiNjliNzg1Y2E2ZjdiNWUyNWIxMTE3NTdkMjgzOnA6VDpU)

 Canaccord Genuity Limited (Nominated Adviser and Joint Broker)
 Simon Bridges, Andrew Potts                                                     Tel: +44 (0) 20 7523 8000
 MHP
 Reg Hoare                                                                       Tel: +44 (0) 7831 406117

                                                                                 sciencegroup@mhpgroup.com

 

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