Ricardo PLC Director/PDMR Shareholding (9667S)

TIDMRCDO

RNS Number : 9667S

Ricardo PLC

14 March 2023

Ricardo PLC

Director / PDMR Shareholdings

14 March 2023

London

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

Ricardo PLC (the "Company") announces that on 10 February 2023 it received notification from the trustee (the "Trustee") of the Company's SIP that on 9 February 2023 it purchased an aggregate of 18 ordinary shares of 25 pence each in the Company ("Shares") in the market at a price of GBP5.55 per Share on behalf the following Person Discharging Managerial Responsibilities:

 
 Name               No. of Shares purchased 9 February 
                     2023 
 Rachel Stringer                    18 
                   ----------------------------------- 
 

These purchases related to the "Partnership Share" element of the SIP and were made using deductions from the relevant individual's gross salaries. The purchases are in addition to the purchases of an aggregate of 36 Shares made on 9 February 2023, as announced by the Company on 17 February 2023.

Following the above purchases, the total beneficial holding of Shares of the relevant PDMR is set out below:

 
 Name                Total holding       Approximate % 
                     following this    of Company's issued 
                      notification        share capital 
 Rachel Stringer          448                0.001% 
                   ----------------  --------------------- 
 

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                         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               Purchase of Shares by Link Market Services 
        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 volume(s)       Price(s)    Volume(s) 
                                                ---------- 
                                      GBP5.55       18 
                                    ----------  ---------- 
----  --------------------------  --------------------------------------------------------- 
  d)    Aggregated information     Not applicable 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  --------------------------------------------------------- 
  e)   Date of the transaction     2023-02-09 
----  --------------------------  --------------------------------------------------------- 
  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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHGZGMFNDVGFZM

(END) Dow Jones Newswires

March 14, 2023 13:08 ET (17:08 GMT)