Ricardo PLC
Director / PDMR Shareholdings
14 March 2023
London
Purchase of Partnership Shares under the Ricardo PLC Share Incentive Plan (the "SIP")
Ricardo PLC (the "Company") announces that on 10 February 2023 it received notification from the trustee (the "Trustee") of the Company's SIP that on 9 February 2023 it purchased an aggregate of 18 ordinary shares of 25 pence each in the Company ("Shares") in the market at a price of £5.55 per Share on behalf the following Person Discharging Managerial Responsibilities:
|
Name |
No. of Shares purchased 9 February 2023 |
|
Rachel Stringer |
18 |
These purchases related to the "Partnership Share" element of the SIP and were made using deductions from the relevant individual's gross salaries. The purchases are in addition to the purchases of an aggregate of 36 Shares made on 9 February 2023, as announced by the Company on 17 February 2023.
Following the above purchases, the total beneficial holding of Shares of the relevant PDMR is set out below:
|
Name |
Total holding following this notification |
Approximate % of Company's issued share capital |
|
Rachel Stringer |
448 |
0.001% |
The following notification is 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 |
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|
a) |
Name |
Rachel Stringer (the "Participant") |
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|
2 |
Reason for the notification |
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|
a) |
Position/status |
PDMR: Global President - Clean Energy and Environmental Solutions |
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|
b) |
Initial notification/ Amendment |
Initial Notification |
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|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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|
a) |
Name |
Ricardo plc |
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|
b) |
LEI |
213800ZNYAY35F4XB814 |
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|
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 |
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|
a) |
Description of the financial instrument, type of instrument |
Ordinary shares of 25p each ("Shares") |
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|
Identification code |
GB0007370074 |
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|
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. |
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|
c) |
Price(s) and volume(s) |
|
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|
d) |
Aggregated information - Aggregated volume - Price |
Not applicable |
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|
e) |
Date of the transaction |
2023-02-09 |
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|
f) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
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