Ricardo PLC Director/PDMR Shareholding (9503H)

TIDMRCDO

RNS Number : 9503H

Ricardo PLC

20 November 2018

Ricardo PLC

Director / PDMR Shareholdings

20 November 2018

London

Sale of shares

Ricardo PLC (the "Company") announces that on 20 November 2018 it received notification of the following transactions by Mark Garrett, Chief Operating Officer, and his spouse Melanie Garrett which were carried out on 20 November 2018:

-- Mark Garrett sold 72,000 ordinary shares of 25p each in the capital of the Company ("Shares") at a price of GBP6.78 per Share; and

   --      Melanie Garrett sold 1,500 Shares at a price of GBP6.932 per Share. 

Following the above transactions, the total beneficial holding of Shares of Mark Garrett is 59,723 Shares, representing approximately 0.112% 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 Garrett 
----  --------------------------  --------------------------------------------- 
  2    Reason for the notification 
----  ------------------------------------------------------------------------- 
  a)   Position/status              Chief Operating 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               Sale of Shares 
        transaction 
----  --------------------------  --------------------------------------------- 
  c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                                ---------- 
                                      GBP6.78     72,000 
                                    ----------  ---------- 
----  --------------------------  --------------------------------------------- 
  d)    Aggregated information     Not applicable 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  --------------------------------------------- 
  e)   Date of the transaction     2018-11-20 
----  --------------------------  --------------------------------------------- 
  f)   Place of the transaction    London Stock Exchange, Main Market (XLON) 
----  --------------------------  --------------------------------------------- 
  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               Sale of Shares by Melanie Garrett, spouse of 
        transaction                 Mark Garrett 
----  --------------------------  --------------------------------------------- 
  c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                                ---------- 
                                     GBP6.932      1,500 
                                    ----------  ---------- 
----  --------------------------  --------------------------------------------- 
  d)    Aggregated information     Not applicable 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  --------------------------------------------- 
  e)   Date of the transaction     2018-11-20 
----  --------------------------  --------------------------------------------- 
  f)   Place of the transaction    London Stock Exchange, Main Market (XLON) 
----  --------------------------  --------------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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November 20, 2018 10:50 ET (15:50 GMT)