TIDMRCDO

RNS Number : 3063T

Ricardo PLC

14 November 2023

Ricardo PLC

Director / PDMR Shareholdings

14 November 2023

London

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

Ricardo PLC (the "Company") announces that on 10 November 2023, it received notification from the trustee (the "Trustee") of the Company's SIP that on 9 November 2023 it purchased an aggregate of 100 shares of 25 pence each in the Company ("Shares") in the market at a price of GBP4.45 per Share on behalf of the following Persons Discharging Managerial Responsibilities ("PDMRs"):

 
 Name               No. of Shares purchased on 9 
                            November 2023 
 Judith Cottrell                 33 
                   ----------------------------- 
 Rachel Stringer                 33 
                   ----------------------------- 
 Mary Moore                      34 
                   ----------------------------- 
 

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      Approximate 
                     following this    % of Company's 
                      notification      issued share 
                                          capital 
 Judith Cottrell         9,650            0.016% 
                   ----------------  ---------------- 
 Rachel Stringer          610             0.001% 
                   ----------------  ---------------- 
 Mary Moore              2,639            0.004% 
                   ----------------  ---------------- 
 

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/        Initial Notification 
        Amendment 
----  --------------------------  ------------------------------------------------- 
  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               Ordinary shares of 25p each ("Shares") 
        the financial 
        instrument, type 
        of instrument 
---- 
       Identification               GB0007370074 
        code 
----  --------------------------  ------------------------------------------------- 
  b)   Nature of the               Purchase of Shares by Link Market Services 
        transaction                 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) 
                                                ---------- 
                                      GBP4.45       33 
                                    ----------  ---------- 
----  --------------------------  ------------------------------------------------- 
  d)    Aggregated information     Not applicable 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  ------------------------------------------------- 
  e)   Date of the transaction     2023-11-09 
----  --------------------------  ------------------------------------------------- 
  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/        Initial Notification 
        Amendment 
----  --------------------------  --------------------------------------------------------- 
  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               Ordinary shares of 25p each ("Shares") 
        the financial 
        instrument, type 
        of instrument 
---- 
       Identification               GB0007370074 
        code 
----  --------------------------  --------------------------------------------------------- 
  b)   Nature of the               Purchase of Shares by Link Market Services 
        transaction                 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) 
                                                ---------- 
                                      GBP4.45       33 
                                    ----------  ---------- 
----  --------------------------  --------------------------------------------------------- 
  d)    Aggregated information     Not applicable 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  --------------------------------------------------------- 
  e)   Date of the transaction     2023-11-09 
----  --------------------------  --------------------------------------------------------- 
  f)   Place of the transaction    London Stock Exchange, Main Market (XLON) 
----  --------------------------  --------------------------------------------------------- 
 
 
  1    Details of the person discharging managerial responsibilities/person 
        closely associated 
      -------------------------------------------------------------------------------- 
  a)   Name                         Mary Moore (the "Participant") 
----  --------------------------  ---------------------------------------------------- 
  2    Reason for the notification 
----  -------------------------------------------------------------------------------- 
  a)   Position/status              PDMR: Group People, Team and Organisation Director 
----  --------------------------  ---------------------------------------------------- 
  b)   Initial notification/        Initial Notification 
        Amendment 
----  --------------------------  ---------------------------------------------------- 
  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               Ordinary shares of 25p each ("Shares") 
        the financial 
        instrument, type 
        of instrument 
---- 
       Identification               GB0007370074 
        code 
----  --------------------------  ---------------------------------------------------- 
  b)   Nature of the               Purchase of Shares by Link Market Services 
        transaction                 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) 
                                                ---------- 
                                      GBP4.45       34 
                                    ----------  ---------- 
----  --------------------------  ---------------------------------------------------- 
  d)    Aggregated information     Not applicable 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  ---------------------------------------------------- 
  e)   Date of the transaction     2023-11-09 
----  --------------------------  ---------------------------------------------------- 
  f)   Place of the transaction    London Stock Exchange, Main Market (XLON) 
----  --------------------------  ---------------------------------------------------- 
 

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END

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November 14, 2023 02:00 ET (07:00 GMT)

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