Ricardo PLC Director/PDMR Shareholding (1793I)
April 12 2022 - 12:25PM
UK Regulatory
TIDMRCDO
RNS Number : 1793I
Ricardo PLC
12 April 2022
Ricardo PLC
Director / PDMR Shareholdings
12 April 2022
London
2014 Long Term Incentive Plan - Vesting of cycle 12B award and
realisation of shares for value
Ricardo PLC (the "Company") announces that, on 11 April 2022, a
total of 1,000 ordinary shares of 25 pence each ("Shares") vested
in favour of Chris Hopper, a person discharging managerial
responsibilities, under the terms of the Company's 2014 Long Term
Incentive Plan (the "LTIP"). This vesting related to an award that
was granted to him under the LTIP on 10 April 2019.
Immediately on vesting of the above award, Chris Hopper realised
value in respect of all of the vested Shares at a price of
GBP3.80.
Following the above notification, Chris Hopper does not hold any
Shares in the Company.
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 Hopper
---- -------------------------- ---------------------------------------------------
2 Reason for the notification
---- -------------------------------------------------------------------------------
a) Position/status PDMR: Finance Director - Software
---- -------------------------- ---------------------------------------------------
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 Vesting of award granted on 10 April 2019 pursuant
transaction to the terms of the Ricardo plc 2014 Long Term
Incentive Plan
---- -------------------------- ---------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
----------
GBP0 1,000
---------- ----------
---- -------------------------- ---------------------------------------------------
d) Aggregated information
* Aggregated volume Not applicable
* Price
---- -------------------------- ---------------------------------------------------
e) Date of the transaction 2022-04-11
---- -------------------------- ---------------------------------------------------
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 Ordinary shares of 25p each ("Shares")
the financial
instrument, type
of instrument
----
Identification GB0007370074
code
---- -------------------------- ---------------------------------------------------
b) Nature of the Shares realised for value
transaction
---- -------------------------- ---------------------------------------------------
c) Price(s) and volume(s) Price Volume
-------
GBP3.80 1,000
--------- -------
---- -------------------------- ---------------------------------------------------
d) Aggregated information
* Aggregated volume Not applicable
* Price
---- -------------------------- ---------------------------------------------------
e) Date of the transaction 2022-04-11
---- -------------------------- ---------------------------------------------------
f) Place of the transaction Outside a trading venue
---- -------------------------- ---------------------------------------------------
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END
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