Ricardo PLC Director/PDMR Shareholding

RNS Number : 4330H

Ricardo PLC

08 October 2024

 

Ricardo PLC

 

Director / PDMR Shareholdings

 

8 October 2024

London

 

1.         2021 Deferred Bonus Plan - vesting of award granted in 2022 with a 2-year deferral period

 

Ricardo PLC (the "Company") announces that, on 7 October 2024, a total of 1,308 ordinary shares of 25 pence each ("Shares") vested in favour of a Person Discharging Managerial Responsibilities ("PDMR") under the terms of the Company's 2021 Deferred Bonus Plan ("DBP"). This award (which included dividend entitlements) was granted on 6 October 2022. It vested following the end of a two-year Deferral Period and was not subject to performance conditions. Further details of this vesting are provided below.

 

Name	Role	No. of Shares that vested on 7 October 2024
Chester Gryczan	PDMR	1,308

 

 

2.             Realisation of value of shares

 

Immediately on the vesting of the award referred to in section 1 above, Chester Gryczan realised value in respect of the following Shares at a price of £4.28.

 

Name	Role	No. of Shares realised for value on 7 October 2024
Chester Gryczan	PDMR	1,308

 

3.             Net current total holdings of Shares

 

Following the above notifications, Chester Gryczan's total holding of Shares is as follows:

 

Name	Role	Total holding following this notification	Approximate % of Company's issued share capital
Chester Gryczan	PMDR	0	0%

 

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	Chester Gryczan
2	Reason for the notification
a)	Position/status	PDMR: President - Ricardo Defense
b)	Initial notification/ Amendment	Initial Notification
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 the financial instrument, type of instrument	Ordinary shares of 25p each ("Shares")
	Identification code	GB0007370074
b)	Nature of the transaction	Vesting of award granted on 6 October 2022 pursuant to the terms of the Ricardo plc 2021 Deferred Bonus Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 1,308
d)	Aggregated information -   Aggregated volume -   Price	Not applicable
e)	Date of the transaction	7 October 2024
f)	Place of the transaction	Outside a trading venue
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 the financial instrument, type of instrument	Ordinary shares of 25p each ("Shares")
	Identification code	GB0007370074
b)	Nature of the transaction	Shares realised for value
c)	Price(s) and volume(s)	Price(s) Volume(s) £4.28 1,308
d)	Aggregated information -   Aggregated volume -   Price	Not applicable
e)	Date of the transaction	7 October 2024
f)	Place of the transaction	Outside a trading venue

 

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