TIDMRCDO

RNS Number : 7000K

Ricardo PLC

23 April 2020

Ricardo PLC

Director / PDMR Shareholdings

23 April 2020

London

Award of Dividend Shares under the Ricardo PLC Share Incentive Plan (the "SIP")

Ricardo PLC (the "Company") announces that on 22 April 2020 it received notification from the trustee (the "Trustee") of the Company's SIP that on 16 April 2020 it awarded an aggregate of 70 ordinary shares of 25 pence each in the Company ("Shares") at a price of GBP3.87 per Share to the following Persons Discharging Managerial Responsibilities ("PDMRs"):

 
 Name               No. of Shares awarded on 16 
                     April 2020 
 Chris Amsden                   20 
                   ---------------------------- 
 Tim Curtis                      7 
                   ---------------------------- 
 James Mills                    25 
                   ---------------------------- 
 James Passemard                18 
                   ---------------------------- 
 

These awards related to the "Dividend Share" element of the SIP and reflect the automatic reinvestment in further Shares of dividends received in respect of the relevant individuals' SIP shareholdings.

Following the above transactions, the total beneficial holdings of Shares of the relevant PDMRs are set out below:

 
 Name                Total holding    Approximate % 
                     following this    of Company's 
                      notification     issued share 
                                         capital 
 Chris Amsden            2,649            0.005 
                   ----------------  -------------- 
 Tim Curtis               396             0.001 
                   ----------------  -------------- 
 James Mills             1,537            0.003 
                   ----------------  -------------- 
 James Passemard         1,508            0.003 
                   ----------------  -------------- 
 

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                         Chris Amsden (the "Participant") 
----  --------------------------  -------------------------------------------------- 
  2    Reason for the notification 
----  ------------------------------------------------------------------------------ 
  a)   Position/status              PDMR: Finance 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 of               Ordinary shares of 25p each ("Shares") 
        the financial 
        instrument, type 
        of instrument 
---- 
       Identification               GB0007370074 
        code 
----  --------------------------  -------------------------------------------------- 
  b)   Nature of the               Award to the Participant of dividend reinvestment 
        transaction                 Shares by Link Market Services Trustees Limited, 
                                    the trustee of the Ricardo plc Share Incentive 
                                    Plan. 
----  --------------------------  -------------------------------------------------- 
  c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                                ---------- 
                                      GBP3.87       20 
                                    ----------  ---------- 
----  --------------------------  -------------------------------------------------- 
  d)    Aggregated information     Not applicable 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  -------------------------------------------------- 
  e)   Date of the transaction     2020-04-16 
----  --------------------------  -------------------------------------------------- 
  f)   Place of the transaction    London Stock Exchange, Main Market (XLON) 
----  --------------------------  -------------------------------------------------- 
 
 
  1    Details of the person discharging managerial responsibilities/person 
        closely associated 
      ------------------------------------------------------------------------------ 
  a)   Name                         Tim Curtis (the "Participant") 
----  --------------------------  -------------------------------------------------- 
  2    Reason for the notification 
----  ------------------------------------------------------------------------------ 
  a)   Position/status              PDMR: Managing Director - Ricardo Energy and 
                                     Environment 
----  --------------------------  -------------------------------------------------- 
  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               Award to the Participant of dividend reinvestment 
        transaction                 Shares by Link Market Services Trustees Limited, 
                                    the trustee of the Ricardo plc Share Incentive 
                                    Plan. 
----  --------------------------  -------------------------------------------------- 
  c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                                ---------- 
                                      GBP3.87        7 
                                    ----------  ---------- 
----  --------------------------  -------------------------------------------------- 
  d)    Aggregated information     Not applicable 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  -------------------------------------------------- 
  e)   Date of the transaction     2020-04-16 
----  --------------------------  -------------------------------------------------- 
  f)   Place of the transaction    London Stock Exchange, Main Market (XLON) 
----  --------------------------  -------------------------------------------------- 
 
 
  1    Details of the person discharging managerial responsibilities/person 
        closely associated 
      ------------------------------------------------------------------------------ 
  a)   Name                         James Mills (the "Participant") 
----  --------------------------  -------------------------------------------------- 
  2    Reason for the notification 
----  ------------------------------------------------------------------------------ 
  a)   Position/status              PDMR: Finance Director - Ricardo Automotive 
                                     (EMEA) 
----  --------------------------  -------------------------------------------------- 
  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               Award to the Participant of dividend reinvestment 
        transaction                 Shares by Link Market Services Trustees Limited, 
                                    the trustee of the Ricardo plc Share Incentive 
                                    Plan. 
----  --------------------------  -------------------------------------------------- 
  c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                                ---------- 
                                      GBP3.87       25 
                                    ----------  ---------- 
----  --------------------------  -------------------------------------------------- 
  d)    Aggregated information     Not applicable 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  -------------------------------------------------- 
  e)   Date of the transaction     2020-04-16 
----  --------------------------  -------------------------------------------------- 
  f)   Place of the transaction    London Stock Exchange, Main Market (XLON) 
----  --------------------------  -------------------------------------------------- 
 
 
  1    Details of the person discharging managerial responsibilities/person 
        closely associated 
      -------------------------------------------------------------------------------- 
  a)   Name                         James Passemard (the "Participant") 
----  --------------------------  ---------------------------------------------------- 
  2    Reason for the notification 
----  -------------------------------------------------------------------------------- 
  a)   Position/status              PDMR: Global Managing Director - Ricardo Strategic 
                                     Consulting 
----  --------------------------  ---------------------------------------------------- 
  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               Award to the Participant of dividend reinvestment 
        transaction                 Shares by Link Market Services Trustees Limited, 
                                    the trustee of the Ricardo plc Share Incentive 
                                    Plan. 
----  --------------------------  ---------------------------------------------------- 
  c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                                ---------- 
                                      GBP3.87       18 
                                    ----------  ---------- 
----  --------------------------  ---------------------------------------------------- 
  d)    Aggregated information     Not applicable 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  ---------------------------------------------------- 
  e)   Date of the transaction     2020-04-16 
----  --------------------------  ---------------------------------------------------- 
  f)   Place of the transaction    London Stock Exchange, Main Market (XLON) 
----  --------------------------  ---------------------------------------------------- 
 

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END

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