TIDMRCDO

RNS Number : 8203U

Ricardo PLC

27 November 2023

Ricardo PLC

Director / PDMR Shareholdings

27 November 2023

London

Award of Dividend Shares under the Ricardo PLC Share Incentive Plan (the "SIP")

Ricardo PLC (the "Company") announces that on 24 November 2023 it received notification from the trustee (the "Trustee") of the Company's SIP that on 24 November 2023 it awarded an aggregate of 17 ordinary shares of 25 pence each in the Company ("Shares") at a price of GBP4.47 per Share to the following Persons Discharging Managerial Responsibilities ("PDMRs"):

 
 Name               No. of Shares awarded on 24 
                     November 2023 
 Rachel Stringer                 3 
                   ---------------------------- 
 Mary Moore                     14 
                   ---------------------------- 
 

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      Approximate 
                     following this    % of Company's 
                      notification      issued share 
                                          capital 
 Rachel Stringer          613              0.001 
                   ----------------  ---------------- 
 Mary Moore              2,653             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                         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               Award to the Participant of dividend reinvestment 
        transaction                 Shares by Link Market Services Trustees Limited, 
                                    the trustee of the Ricardo plc Share Incentive 
                                    Plan. 
----  --------------------------  -------------------------------------------------------- 
  c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                                ---------- 
                                      GBP4.47        3 
                                    ----------  ---------- 
----  --------------------------  -------------------------------------------------------- 
  d)    Aggregated information     Not applicable 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  -------------------------------------------------------- 
  e)   Date of the transaction     2023-11-24 
----  --------------------------  -------------------------------------------------------- 
  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               Award to the Participant of dividend reinvestment 
        transaction                 Shares by Link Market Services Trustees Limited, 
                                    the trustee of the Ricardo plc Share Incentive 
                                    Plan. 
----  --------------------------  ---------------------------------------------------- 
  c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                                ---------- 
                                      GBP4.47       14 
                                    ----------  ---------- 
----  --------------------------  ---------------------------------------------------- 
  d)    Aggregated information     Not applicable 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  ---------------------------------------------------- 
  e)   Date of the transaction     2023-11-24 
----  --------------------------  ---------------------------------------------------- 
  f)   Place of the transaction    London Stock Exchange, Main Market (XLON) 
----  --------------------------  ---------------------------------------------------- 
 

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END

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(END) Dow Jones Newswires

November 27, 2023 12:45 ET (17:45 GMT)

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