TIDMRCDO

RNS Number : 4513Q

Ricardo PLC

18 October 2023

Ricardo PLC

Director / PDMR Shareholdings

18 October 2023

London

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

Ricardo PLC (the "Company") announces that on 10 October 2023 it received notification from the trustee (the "Trustee") of the Company's SIP that on 9 October 2023 it purchased an aggregate of 55 ordinary shares of 25 pence each in the Company ("Shares") in the market at a price of GBP4.55116 per Share on behalf of the following Persons Discharging Managerial Responsibilities.

 
 Name               No. of Shares purchased 9 October 
                     2023 
 Mary Moore                        33 
                   ---------------------------------- 
 Rachel Stringer                   22 
                   ---------------------------------- 
 

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 holdings of Shares of the relevant PDMRs are set out below:

 
 Name                Total holding      Approximate 
                     following this    % of Company's 
                      notification      issued share 
                                          capital 
 Mary Moore            2,605(1)           0.004% 
                   ----------------  ---------------- 
 Rachel Stringer          577             0.001% 
                   ----------------  ---------------- 
 

(1) Following a recent reconciliation with the SIP Trustee, the above total includes 728 shares which Mary Moore held in the SIP at the time of being designated as a PDMR.

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                         Mary Moore (the "Participant") 
----  --------------------------  ---------------------------------------------------- 
  2    Reason for the notification 
----  -------------------------------------------------------------------------------- 
  a)   Position/status              PDMR: Group People, Team and Organisation Director 
----  --------------------------  ---------------------------------------------------- 
  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) 
                                                  ---------- 
                                     GBP4.55116       33 
                                    ------------  ---------- 
----  --------------------------  ---------------------------------------------------- 
  d)    Aggregated information     Not applicable 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  ---------------------------------------------------- 
  e)   Date of the transaction     2023-10-09 
----  --------------------------  ---------------------------------------------------- 
  f)   Place of the transaction    London Stock Exchange, Main Market (XLON) 
----  --------------------------  ---------------------------------------------------- 
 
 
  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) 
                                                  ---------- 
                                     GBP4.55116       22 
                                    ------------  ---------- 
----  --------------------------  --------------------------------------------------------- 
  d)    Aggregated information     Not applicable 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  --------------------------------------------------------- 
  e)   Date of the transaction     2023-10-09 
----  --------------------------  --------------------------------------------------------- 
  f)   Place of the transaction    London Stock Exchange, Main Market (XLON) 
----  --------------------------  --------------------------------------------------------- 
 

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END

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October 18, 2023 02:00 ET (06:00 GMT)

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