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

ScienceAnnouncement

03/03/2025 10:15

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RNS Number : 0934Z  Science Group PLC  03 March 2025

 

3 March 2025

 

Science Group plc

(the "Group" or "Science Group")

 

Increased Shareholding in Ricardo plc

 

Further to the announcement on 28 February 2025, Science Group has increased
its shareholding in Ricardo plc and now owns approx. 7.26 million shares in
Ricardo, equivalent to 11.67% of the voting rights. Science Group may or may
not increase its shareholding in Ricardo.

 

The strategic investment in Ricardo represents a substantial transaction under
rule 12 of the AIM Rules for Companies ("AIM Rules") and the following
disclosure is made in accordance with Schedule Four of the AIM Rules. Ricardo
reported profit before tax for the year ended 30 June 2024 of £4.3 million
and gross assets of £428.8 million.

 

 

 

- 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                                                                                                                                                                                                                                 Tel: +44 (0) 7831 406117

 Hoare

 

 

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