Ricardo PLC Director/PDMR Shareholding (9391M)

TIDMRCDO

RNS Number : 9391M

Ricardo PLC

02 May 2018

RNS Number:

Ricardo PLC

2 May 2018

PDMR Shareholding

Ricardo plc (the "Company")

The Company received notification on 2 May 2018 that Mark Barge, a Person Discharging Managerial Responsibility sold 7162 ordinary shares of 25p each in the Company at a price of 963 pence per share on 1 May 2018.

Mark Barge now holds a total direct and indirect voting right interest in 1274 ordinary shares in the Company, being 0.01% of the issued ordinary share capital.

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                         Mark Barge (the "PDMR") 
----  --------------------------  ---------------------------------------- 
  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)                   ----------  ---------- 
                                      GBP9.63      7162 
                                    ----------  ---------- 
----  --------------------------  ---------------------------------------- 
  d)    Aggregated                 Not applicable 
         information 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  ---------------------------------------- 
  e)   Date of the                 2018-05-02 
        transaction 
----  --------------------------  ---------------------------------------- 
  f)   Place of the                London Stock Exchange, Main Market 
        transaction                 (XLON) 
----  --------------------------  ---------------------------------------- 
 
   Contact name:                        Patricia Ryan              Company Secretary 

Contact telephone number: 01273 794776

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

May 02, 2018 11:33 ET (15:33 GMT)