Ricardo PLC Director/PDMR Shareholding (9298G)

TIDMRCDO

RNS Number : 9298G

Ricardo PLC

11 August 2016

Ricardo PLC

Director / PDMR Shareholdings

11 August 2016

London

Purchase of Partnership Shares under the Ricardo PLC Share Incentive Plan (the "SIP")

Ricardo PLC (the "Company") announces that on 10 August 2016 it received notification from the trustee (the "Trustee") of the Company's SIP that on 9 August 2016 it purchased 19 ordinary shares of 25 pence each in the Company ("Shares") in the market at a price of GBP7.9125 per Share on behalf of Mark Barge, a Person Discharging Managerial Responsibilities. This purchase related to the "Partnership Share" element of the SIP and was made using deductions from Mr Barge's gross salary.

Following the above transaction, the total beneficial holding of Shares of Mark Barge is 4,096 Shares, representing approximately 0.008% 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 (the "Participant") 
----  --------------------------  ------------------------------------------ 
  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                   Purchase of Shares by Capita IRG 
        the 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                  Price(s)    Volume(s) 
        volume(s)                   -----------  ---------- 
                                     GBP7.9125       19 
                                    -----------  ---------- 
----  --------------------------  ------------------------------------------ 
  d)    Aggregated                 Not applicable 
         information 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  ------------------------------------------ 
  e)   Date of the                 2016-08-09 
        transaction 
----  --------------------------  ------------------------------------------ 
  f)   Place of the                London Stock Exchange 
        transaction 
----  --------------------------  ------------------------------------------ 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHMMGMRLMMGVZG

(END) Dow Jones Newswires

August 11, 2016 05:15 ET (09:15 GMT)