RNS Number : 1534O
Ricardo PLC
13 May 2024
 

Ricardo PLC

 

Director / PDMR Shareholdings

 

13 May 2024

London

 

1.   Purchase of Partnership Shares under the Ricardo PLC Share Incentive Plan

 

Ricardo PLC (the "Company") announces that on 10 May 2024, it received notification from the trustee (the "Trustee") of the Company's SIP that on 9 May 2024, it purchased an aggregate of 62 shares of 25 pence each in the Company ("Shares") in the market at a price of £4.75 per Share on behalf of the following Persons Discharging Managerial Responsibilities ("PDMRs"):

 

Name

No. of Shares purchased on 9 May 2024

Judith Cottrell

31

Rachel Stringer

31

 

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

16,628

0.027%

Rachel Stringer

1,910

0.003%

 

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 Link Market Services Trustees 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)

£4.75

31

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2024-05-09

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 Link Market Services Trustees 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)

£4.75

31

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2024-05-09

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

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