Ricardo PLC
Director / PDMR Shareholdings
12 March 2024
London
1. Purchase of Partnership Shares under the Ricardo PLC Share Incentive Plan
Ricardo PLC (the "Company") announces that on 12 March 2024, it received notification from the trustee (the "Trustee") of the Company's SIP that on 11 March 2024, it purchased an aggregate of 103 shares of 25 pence each in the Company ("Shares") in the market at a price of £4.370484 per Share on behalf of the following Persons Discharging Managerial Responsibilities ("PDMRs"):
|
Name |
No. of Shares purchased on 11 March 2024 |
|
Judith Cottrell |
34 |
|
Rachel Stringer |
34 |
|
Mary Moore |
35 |
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 |
16,562(1) |
0.027% |
|
Rachel Stringer |
743 |
0.001% |
|
Mary Moore |
2,783 |
0.004% |
(1) Includes 129 shares purchased via the SIP between November 2023 and February 2024 (inclusive) which had not been accounted for in the total number of shares held by Judith in the announcement released on 7 March 2024.
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 |
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|
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) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
Not applicable |
||||
|
e) |
Date of the transaction |
2024-03-11 |
||||
|
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 |
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) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
Not applicable |
||||
|
e) |
Date of the transaction |
2024-03-11 |
||||
|
f) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Mary Moore (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 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) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
Not applicable |
||||
|
e) |
Date of the transaction |
2024-03-11 |
||||
|
f) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
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