Ricardo PLC Director/PDMR Shareholding (1395M)

TIDMRCDO

RNS Number : 1395M

Ricardo PLC

10 October 2016

Ricardo PLC

Director / PDMR Shareholdings

10 October 2016

London

Purchase of shares

Ricardo PLC (the "Company") announces that on 7 October 2016 it received notification that on 7 October 2016 Mark Barge, a Person Discharging Managerial Responsibility, sold 2,045 ordinary shares of 25 pence each in the Company ("Shares") at a price of GBP10.01 per Share.

Following the above transaction, the total beneficial holding of Shares of Mark Barge is 2,064 Shares, representing approximately 0.004% of the Company's issued ordinary share capital.

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 
----  -------------------------------------------------------------------- 
  a)   Name                         Mark Barge 
----  --------------------------  ---------------------------------------- 
  2    Reason for the notification 
----  -------------------------------------------------------------------- 
  a)   Position/status              PDMR: Managing Director - Performance 
                                     Products 
----  --------------------------  ---------------------------------------- 
  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                  Ordinary shares of 25p each ("Shares") 
        of the financial 
        instrument, 
        type of instrument 
---- 
       Identification               GB0007370074 
        code 
----  --------------------------  ---------------------------------------- 
  b)   Nature of                   Sale of Shares 
        the transaction 
----  --------------------------  ---------------------------------------- 
  c)   Price(s) and                 Price(s)    Volume(s) 
        volume(s)                   ----------  ---------- 
                                     GBP10.01      2,045 
                                    ----------  ---------- 
----  --------------------------  ---------------------------------------- 
  d)    Aggregated                 Not applicable 
         information 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  ---------------------------------------- 
  e)   Date of the                 2016-10-07 
        transaction 
----  --------------------------  ---------------------------------------- 
  f)   Place of the                London Stock Exchange 
        transaction 
----  --------------------------  ---------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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October 10, 2016 08:08 ET (12:08 GMT)