Ricardo PLC
Director / PDMR Shareholdings
22 April 2024
London
Award of Dividend Shares under the Ricardo PLC Share Incentive Plan (the "SIP")
Ricardo PLC (the "Company") announces that on 18 April 2024 it received notification from the trustee (the "Trustee") of the Company's SIP that on 11 April 2024 it awarded an aggregate of 7 ordinary shares of 25 pence each in the Company ("Shares") at a price of £4.458 per Share to the following Persons Discharging Managerial Responsibilities ("PDMRs"):
|
Name |
No. of Shares awarded on 11 April 2024 |
|
Judith Cottrell |
1 |
|
Rachel Stringer |
2 |
|
Jason O'Donnell |
4 |
These awards related to the "Dividend Share" element of the SIP and reflect the automatic reinvestment in further Shares of dividends received in respect of the relevant individuals' SIP shareholdings.
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 |
16,597 |
0.027 |
|
Rachel Stringer |
779 |
0.001 |
|
Jason O'Donnell |
375 |
0.001 |
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 |
Award to the Participant of dividend reinvestment Shares by Link Market Services Trustees Limited, the trustee of the Ricardo plc Share Incentive Plan. |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
Not applicable |
||||
|
e) |
Date of the transaction |
2024-04-11 |
||||
|
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 |
Award to the Participant of dividend reinvestment Shares by Link Market Services Trustees Limited, the trustee of the Ricardo plc Share Incentive Plan. |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
Not applicable |
||||
|
e) |
Date of the transaction |
2024-04-11 |
||||
|
f) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Jason O'Donnell (the "Participant") |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
PDMR: Managing Director, Automotive and Industrial |
||||
|
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 |
Award to the Participant of dividend reinvestment Shares by Link Market Services Trustees Limited, the trustee of the Ricardo plc Share Incentive Plan. |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
Not applicable |
||||
|
e) |
Date of the transaction |
2024-04-11 |
||||
|
f) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
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