TIDMRCDO

RNS Number : 5356C

Ricardo PLC

11 October 2022

Ricardo PLC

Director / PDMR Shareholdings

11 October 2022

London

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

Ricardo PLC (the "Company") announces that on 11 October 2022 it received notification from the trustee (the "Trustee") of the Company's SIP that on 10 October 2022 it purchased an aggregate of 78 ordinary shares of 25 pence each in the Company ("Shares") in the market at a price of GBP4.50 per Share on behalf the following Persons Discharging Managerial Responsibilities:

 
 Name              No. of Shares purchased 10 
                    October 2022 
 Chris Amsden                  33 
                  --------------------------- 
 Tim Curtis                    34 
                  --------------------------- 
 Martin Starkey                11 
                  --------------------------- 
 

These purchases related to the "Partnership Share" element of the SIP and were made using deductions from the relevant individuals' gross salaries.

Following the above purchases, the total beneficial holding of Shares of the relevant PDMRs are set out below:

 
 Name               Total holding       Approximate % 
                    following this    of Company's issued 
                     notification        share capital 
 Chris Amsden           6,006               0.010% 
                  ----------------  --------------------- 
 Tim Curtis             1,543               0.002% 
                  ----------------  --------------------- 
 Martin Starkey          685                0.001% 
                  ----------------  --------------------- 
 

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               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) 
                                                ---------- 
                                      GBP4.50       33 
                                    ----------  ---------- 
----  --------------------------  ------------------------------------------------- 
  d)    Aggregated information     Not applicable 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  ------------------------------------------------- 
  e)   Date of the transaction     2022-10-10 
----  --------------------------  ------------------------------------------------- 
  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               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) 
                                                ---------- 
                                      GBP4.50       34 
                                    ----------  ---------- 
----  --------------------------  ------------------------------------------------- 
  d)    Aggregated information     Not applicable 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  ------------------------------------------------- 
  e)   Date of the transaction     2022-10-10 
----  --------------------------  ------------------------------------------------- 
  f)   Place of the transaction    London Stock Exchange, Main Market (XLON) 
----  --------------------------  ------------------------------------------------- 
 
 
  1    Details of the person discharging managerial responsibilities/person 
        closely associated 
      ----------------------------------------------------------------------------- 
  a)   Name                         Martin Starkey (the "Participant") 
----  --------------------------  ------------------------------------------------- 
  2    Reason for the notification 
----  ----------------------------------------------------------------------------- 
  a)   Position/status              PDMR: Managing 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               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) 
                                                ---------- 
                                      GBP4.50       11 
                                    ----------  ---------- 
----  --------------------------  ------------------------------------------------- 
  d)    Aggregated information     Not applicable 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  ------------------------------------------------- 
  e)   Date of the transaction     2022-10-10 
----  --------------------------  ------------------------------------------------- 
  f)   Place of the transaction    London Stock Exchange, Main Market (XLON) 
----  --------------------------  ------------------------------------------------- 
 

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END

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October 11, 2022 10:44 ET (14:44 GMT)

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