TIDMRCDO

RNS Number : 6340Q

Ricardo PLC

28 October 2021

Ricardo PLC

Director / PDMR Shareholdings

29 October 2021

London

   1.         2020 Long Term Incentive Plan - grant of plan cycle 15 

Ricardo PLC (the "Company") announces that, on 27 October 2021:

(i) conditional awards over a total of 522,306 shares of 25 pence each in the Company ("Shares"); and

   (ii)    a conditional award of cash equivalent to the value of 8,702 Shares (the "Phantom Award"), 

were granted to Executive Directors and other Persons Discharging Managerial Responsibility ("PDMRs") as set out below under the terms of the Company's 2020 Long Term Incentive Plan (the "LTIP"). These awards vest after three years and are subject to TSR and EPS performance conditions.

 
 Name                Role                  No. of Shares (or notional 
                                              Shares in respect of 
                                               the Phantom Award) 
                                            over which awards granted 
 Graham Ritchie      Executive Director             167,857 
                    --------------------  --------------------------- 
 Ian Gibson          Executive Director             106,728 
                    --------------------  --------------------------- 
 Chris Amsden        PDMR                            10,357 
                    --------------------  --------------------------- 
 Mike Bell           PDMR                            9,523 
                    --------------------  --------------------------- 
 Tim Curtis          PDMR                            23,214 
                    --------------------  --------------------------- 
 Thomas Dapolito     PDMR                            14,171 
                    --------------------  --------------------------- 
 Chester Gryczan     PDMR                            22,760 
                    --------------------  --------------------------- 
 Chris Hopper        PDMR                            14,285 
                    --------------------  --------------------------- 
 Michelle Hu         PDMR                            8,702 
                    --------------------  --------------------------- 
 Marques McCammon    PDMR                            30,060 
                    --------------------  --------------------------- 
 Alex Pascoe         PDMR                            6,666 
                    --------------------  --------------------------- 
 Ian Rogerson        PDMR                            10,464 
                    --------------------  --------------------------- 
 Patricia Ryan       PDMR                            7,753 
                    --------------------  --------------------------- 
 Paul Seller         PDMR                            24,523 
                    --------------------  --------------------------- 
 Brian Smith         PDMR                            12,366 
                    --------------------  --------------------------- 
 Martin Starkey      PDMR                            20,833 
                    --------------------  --------------------------- 
 Gary Tan            PDMR                            30,446 
                    --------------------  --------------------------- 
 Gareth Taylor       PDMR                            10,300 
                    --------------------  --------------------------- 
 
   2.               Current total holdings of awards/options over shares 

Following the above notification, the total number of Shares (or, in the case of the Phantom Award, notional Shares) over which the relevant Executive Directors and other PDMRs hold outstanding awards / options is set out below:

 
  Name               Role            Total holding      Approximate % 
                                     following this      of Company's 
                                      notification       issued share 
                                   (Shares / notional      capital 
                                        Shares) 
                     Executive 
 Graham Ritchie       Director          167,857            0.270% 
                    -----------  --------------------  -------------- 
                     Executive 
 Ian Gibson           Director          276,586            0.445% 
                    -----------  --------------------  -------------- 
 Chris Amsden        PDMR               31,533             0.051% 
                    -----------  --------------------  -------------- 
 Mike Bell           PDMR               20,796             0.033% 
                    -----------  --------------------  -------------- 
 Tim Curtis          PDMR               67,886             0.109% 
                    -----------  --------------------  -------------- 
 Thomas Dapolito     PDMR               30,431             0.049% 
                    -----------  --------------------  -------------- 
 Chester Gryczan     PDMR               67,451             0.108% 
                    -----------  --------------------  -------------- 
 Chris Hopper        PDMR               29,261             0.047% 
                    -----------  --------------------  -------------- 
 Michelle Hu         PDMR               23,950             0.038% 
                    -----------  --------------------  -------------- 
 Marques McCammon    PDMR               104,577            0.168% 
                    -----------  --------------------  -------------- 
 Alex Pascoe         PDMR               19,927             0.032% 
                    -----------  --------------------  -------------- 
 Ian Rogerson        PDMR               31,455             0.051% 
                    -----------  --------------------  -------------- 
 Patricia Ryan       PDMR               22,000             0.035% 
                    -----------  --------------------  -------------- 
 Paul Seller         PDMR               73,273             0.118% 
                    -----------  --------------------  -------------- 
 Brian Smith         PDMR               33,428             0.054% 
                    -----------  --------------------  -------------- 
 Martin Starkey      PDMR               60,891             0.098% 
                    -----------  --------------------  -------------- 
 Gary Tan            PDMR               85,514             0.137% 
                    -----------  --------------------  -------------- 
 Gareth Taylor       PDMR               30,760             0.049% 
                    -----------  --------------------  -------------- 
 

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                         Graham Ritchie 
----  --------------------------  --------------------------------------------------- 
  2    Reason for the notification 
----  ------------------------------------------------------------------------------- 
  a)   Position/status              PDMR: Chief Executive Officer 
----  --------------------------  --------------------------------------------------- 
  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               Conditional award of shares pursuant to the 
        transaction                 rules of the Ricardo plc 2020 Long Term Incentive 
                                    Plan 
----  --------------------------  --------------------------------------------------- 
  c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                                ---------- 
                                        Nil       167,857 
                                    ----------  ---------- 
----  --------------------------  --------------------------------------------------- 
  d)    Aggregated information 
          *    Aggregated volume     N/A 
 
 
          *    Price 
----  --------------------------  --------------------------------------------------- 
  e)   Date of the transaction     2021-10-27 
----  --------------------------  --------------------------------------------------- 
  f)   Place of the transaction    Outside a trading venue 
----  --------------------------  --------------------------------------------------- 
 
 
  1    Details of the person discharging managerial responsibilities/person 
        closely associated 
      ------------------------------------------------------------------------------- 
  a)   Name                         Ian Gibson 
----  --------------------------  --------------------------------------------------- 
  2    Reason for the notification 
----  ------------------------------------------------------------------------------- 
  a)   Position/status              PDMR: Chief Financial Officer 
----  --------------------------  --------------------------------------------------- 
  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               Conditional award of shares pursuant to the 
        transaction                 rules of the Ricardo plc 2020 Long Term Incentive 
                                    Plan 
----  --------------------------  --------------------------------------------------- 
  c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                                ---------- 
                                        Nil       106,728 
                                    ----------  ---------- 
----  --------------------------  --------------------------------------------------- 
  d)    Aggregated information      N/A 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  --------------------------------------------------- 
  e)   Date of the transaction     2021-10-27 
----  --------------------------  --------------------------------------------------- 
  f)   Place of the transaction    Outside a trading venue 
----  --------------------------  --------------------------------------------------- 
 
 
  1    Details of the person discharging managerial responsibilities/person 
        closely associated 
      ------------------------------------------------------------------------------- 
  a)   Name                         Chris Amsden 
----  --------------------------  --------------------------------------------------- 
  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               Conditional award of shares pursuant to the 
        transaction                 rules of the Ricardo plc 2020 Long Term Incentive 
                                    Plan 
----  --------------------------  --------------------------------------------------- 
  c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                                ---------- 
                                        Nil       10,357 
                                    ----------  ---------- 
----  --------------------------  --------------------------------------------------- 
  d)    Aggregated information      N/A 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  --------------------------------------------------- 
  e)   Date of the transaction     2021-10-27 
----  --------------------------  --------------------------------------------------- 
  f)   Place of the transaction    Outside a trading venue 
----  --------------------------  --------------------------------------------------- 
 
 
  1    Details of the person discharging managerial responsibilities/person 
        closely associated 
      ------------------------------------------------------------------------------- 
  a)   Name                         Mike Bell 
----  --------------------------  --------------------------------------------------- 
  2    Reason for the notification 
----  ------------------------------------------------------------------------------- 
  a)   Position/status              PDMR: Group Strategy and Transformation 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               Conditional award of shares pursuant to the 
        transaction                 rules of the Ricardo plc 2020 Long Term Incentive 
                                    Plan 
----  --------------------------  --------------------------------------------------- 
  c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                                ---------- 
                                        Nil        9,523 
                                    ----------  ---------- 
----  --------------------------  --------------------------------------------------- 
  d)    Aggregated information      N/A 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  --------------------------------------------------- 
  e)   Date of the transaction     2021-10-27 
----  --------------------------  --------------------------------------------------- 
  f)   Place of the transaction    Outside a trading venue 
----  --------------------------  --------------------------------------------------- 
 
 
  1    Details of the person discharging managerial responsibilities/person 
        closely associated 
      ------------------------------------------------------------------------------- 
  a)   Name                         Tim Curtis 
----  --------------------------  --------------------------------------------------- 
  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               Conditional award of shares pursuant to the 
        transaction                 rules of the Ricardo plc 2020 Long Term Incentive 
                                    Plan 
----  --------------------------  --------------------------------------------------- 
  c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                                ---------- 
                                        Nil       23,214 
                                    ----------  ---------- 
----  --------------------------  --------------------------------------------------- 
  d)    Aggregated information      N/A 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  --------------------------------------------------- 
  e)   Date of the transaction     2021-10-27 
----  --------------------------  --------------------------------------------------- 
  f)   Place of the transaction    Outside a trading venue 
----  --------------------------  --------------------------------------------------- 
 
 
  1    Details of the person discharging managerial responsibilities/person 
        closely associated 
      ------------------------------------------------------------------------------- 
  a)   Name                         Thomas Dapolito 
----  --------------------------  --------------------------------------------------- 
  2    Reason for the notification 
----  ------------------------------------------------------------------------------- 
  a)   Position/status              PDMR: Chief Financial Officer, Ricardo US 
----  --------------------------  --------------------------------------------------- 
  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               Conditional award of shares pursuant to the 
        transaction                 rules of the Ricardo plc 2020 Long Term Incentive 
                                    Plan 
----  --------------------------  --------------------------------------------------- 
  c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                                ---------- 
                                        Nil       14,171 
                                    ----------  ---------- 
----  --------------------------  --------------------------------------------------- 
  d)    Aggregated information      N/A 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  --------------------------------------------------- 
  e)   Date of the transaction     2021-10-27 
----  --------------------------  --------------------------------------------------- 
  f)   Place of the transaction    Outside a trading venue 
----  --------------------------  --------------------------------------------------- 
 
 
  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 Systems 
----  --------------------------  --------------------------------------------------- 
  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               Conditional award of shares pursuant to the 
        transaction                 rules of the Ricardo plc 2020 Long Term Incentive 
                                    Plan 
----  --------------------------  --------------------------------------------------- 
  c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                                ---------- 
                                        Nil       22,760 
                                    ----------  ---------- 
----  --------------------------  --------------------------------------------------- 
  d)    Aggregated information      N/A 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  --------------------------------------------------- 
  e)   Date of the transaction     2021-10-27 
----  --------------------------  --------------------------------------------------- 
  f)   Place of the transaction    Outside a trading venue 
----  --------------------------  --------------------------------------------------- 
 
 
  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               Conditional award of shares pursuant to the 
        transaction                 rules of the Ricardo plc 2020 Long Term Incentive 
                                    Plan 
----  --------------------------  --------------------------------------------------- 
  c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                                ---------- 
                                        Nil       14,285 
                                    ----------  ---------- 
----  --------------------------  --------------------------------------------------- 
  d)    Aggregated information      N/A 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  --------------------------------------------------- 
  e)   Date of the transaction     2021-10-27 
----  --------------------------  --------------------------------------------------- 
  f)   Place of the transaction    Outside a trading venue 
----  --------------------------  --------------------------------------------------- 
 
 
  1    Details of the person discharging managerial responsibilities/person 
        closely associated 
      ----------------------------------------------------------------------------- 
  a)   Name                         Michelle Hu 
----  --------------------------  ------------------------------------------------- 
  2    Reason for the notification 
----  ----------------------------------------------------------------------------- 
  a)   Position/status              PDMR: Vice President, Finance (Asia) 
----  --------------------------  ------------------------------------------------- 
  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               Conditional award of a cash equivalent to a 
        transaction                 number of notional shares pursuant to the rules 
                                    of the Ricardo plc 2020 Long Term Incentive 
                                    Plan (i.e. a "Phantom Award"). 
----  --------------------------  ------------------------------------------------- 
  c)   Price(s) and volume(s)       Price(s)          Volume(s) 
                                               ------------------------ 
                                       Nil      8,702 (notional Shares) 
                                    ---------  ------------------------ 
----  --------------------------  ------------------------------------------------- 
  d)    Aggregated information      N/A 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  ------------------------------------------------- 
  e)   Date of the transaction     2021-10-27 
----  --------------------------  ------------------------------------------------- 
  f)   Place of the transaction    Outside a trading venue 
----  --------------------------  ------------------------------------------------- 
 
 
  1    Details of the person discharging managerial responsibilities/person 
        closely associated 
      ------------------------------------------------------------------------------- 
  a)   Name                         Marques McCammon 
----  --------------------------  --------------------------------------------------- 
  2    Reason for the notification 
----  ------------------------------------------------------------------------------- 
  a)   Position/status              PDMR: President, Ricardo US 
----  --------------------------  --------------------------------------------------- 
  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               Conditional award of shares pursuant to the 
        transaction                 rules of the Ricardo plc 2020 Long Term Incentive 
                                    Plan 
----  --------------------------  --------------------------------------------------- 
  c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                                ---------- 
                                        Nil       30,060 
                                    ----------  ---------- 
----  --------------------------  --------------------------------------------------- 
  d)    Aggregated information 
          *    Aggregated volume    N/A 
 
 
          *    Price 
----  --------------------------  --------------------------------------------------- 
  e)   Date of the transaction     2021-10-27 
----  --------------------------  --------------------------------------------------- 
  f)   Place of the transaction    Outside a trading venue 
----  --------------------------  --------------------------------------------------- 
 
 
  1    Details of the person discharging managerial responsibilities/person 
        closely associated 
      ------------------------------------------------------------------------------- 
  a)   Name                         Alex Pascoe 
----  --------------------------  --------------------------------------------------- 
  2    Reason for the notification 
----  ------------------------------------------------------------------------------- 
  a)   Position/status              PDMR: Group Financial Controller 
----  --------------------------  --------------------------------------------------- 
  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               Conditional award of shares pursuant to the 
        transaction                 rules of the Ricardo plc 2020 Long Term Incentive 
                                    Plan 
----  --------------------------  --------------------------------------------------- 
  c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                                ---------- 
                                        Nil        6,666 
                                    ----------  ---------- 
----  --------------------------  --------------------------------------------------- 
  d)    Aggregated information      N/A 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  --------------------------------------------------- 
  e)   Date of the transaction     2021-10-27 
----  --------------------------  --------------------------------------------------- 
  f)   Place of the transaction    Outside a trading venue 
----  --------------------------  --------------------------------------------------- 
 
 
  1    Details of the person discharging managerial responsibilities/person 
        closely associated 
      -------------------------------------------------------------------------------- 
  a)   Name                          Ian Rogerson 
----  ---------------------------  --------------------------------------------------- 
  2    Reason for the notification 
----  -------------------------------------------------------------------------------- 
  a)   Position/status               PDMR: Finance 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                Conditional award of shares pursuant to the 
        transaction                  rules of the Ricardo plc 2020 Long Term Incentive 
                                     Plan 
----  ---------------------------  --------------------------------------------------- 
  c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                                 ---------- 
                                         Nil       10,464 
                                     ----------  ---------- 
----  ---------------------------  --------------------------------------------------- 
  d)     Aggregated information 
           *    Aggregated volume    N/A 
 
 
           *    Price 
----  ---------------------------  --------------------------------------------------- 
  e)   Date of the transaction      2021-10-27 
----  ---------------------------  --------------------------------------------------- 
  f)   Place of the transaction     Outside a trading venue 
----  ---------------------------  --------------------------------------------------- 
 
 
  1    Details of the person discharging managerial responsibilities/person 
        closely associated 
      ------------------------------------------------------------------------------- 
  a)   Name                         Patricia Ryan 
----  --------------------------  --------------------------------------------------- 
  2    Reason for the notification 
----  ------------------------------------------------------------------------------- 
  a)   Position/status              PDMR: Group General Counsel and Company Secretary 
----  --------------------------  --------------------------------------------------- 
  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               Conditional award of shares pursuant to the 
        transaction                 rules of the Ricardo plc 2020 Long Term Incentive 
                                    Plan 
----  --------------------------  --------------------------------------------------- 
  c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                                ---------- 
                                        Nil        7,753 
                                    ----------  ---------- 
----  --------------------------  --------------------------------------------------- 
  d)    Aggregated information      N/A 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  --------------------------------------------------- 
  e)   Date of the transaction     2021-10-27 
----  --------------------------  --------------------------------------------------- 
  f)   Place of the transaction    Outside a trading venue 
----  --------------------------  --------------------------------------------------- 
 
 
  1    Details of the person discharging managerial responsibilities/person 
        closely associated 
      ------------------------------------------------------------------------------- 
  a)   Name                         Paul Seller 
----  --------------------------  --------------------------------------------------- 
  2    Reason for the notification 
----  ------------------------------------------------------------------------------- 
  a)   Position/status              PDMR: Managing Director - Ricardo Rail 
----  --------------------------  --------------------------------------------------- 
  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               Conditional award of shares pursuant to the 
        transaction                 rules of the Ricardo plc 2020 Long Term Incentive 
                                    Plan 
----  --------------------------  --------------------------------------------------- 
  c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                                ---------- 
                                        Nil       24,523 
                                    ----------  ---------- 
----  --------------------------  --------------------------------------------------- 
  d)    Aggregated information      N/A 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  --------------------------------------------------- 
  e)   Date of the transaction     2021-10-27 
----  --------------------------  --------------------------------------------------- 
  f)   Place of the transaction    Outside a trading venue 
----  --------------------------  --------------------------------------------------- 
 
 
  1    Details of the person discharging managerial responsibilities/person 
        closely associated 
      ------------------------------------------------------------------------------- 
  a)   Name                         Brian Smith 
----  --------------------------  --------------------------------------------------- 
  2    Reason for the notification 
----  ------------------------------------------------------------------------------- 
  a)   Position/status              PDMR: VP Finance - Ricardo Defense Systems 
----  --------------------------  --------------------------------------------------- 
  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               Conditional award of shares pursuant to the 
        transaction                 rules of the Ricardo plc 2020 Long Term Incentive 
                                    Plan 
----  --------------------------  --------------------------------------------------- 
  c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                                ---------- 
                                        Nil       12,366 
                                    ----------  ---------- 
----  --------------------------  --------------------------------------------------- 
  d)    Aggregated information      N/A 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  --------------------------------------------------- 
  e)   Date of the transaction     2021-10-27 
----  --------------------------  --------------------------------------------------- 
  f)   Place of the transaction    Outside a trading venue 
----  --------------------------  --------------------------------------------------- 
 
 
  1    Details of the person discharging managerial responsibilities/person 
        closely associated 
      ------------------------------------------------------------------------------- 
  a)   Name                         Martin Starkey 
----  --------------------------  --------------------------------------------------- 
  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               Conditional award of shares pursuant to the 
        transaction                 rules of the Ricardo plc 2020 Long Term Incentive 
                                    Plan 
----  --------------------------  --------------------------------------------------- 
  c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                                ---------- 
                                        Nil       20,833 
                                    ----------  ---------- 
----  --------------------------  --------------------------------------------------- 
  d)    Aggregated information      N/A 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  --------------------------------------------------- 
  e)   Date of the transaction     2021-10-27 
----  --------------------------  --------------------------------------------------- 
  f)   Place of the transaction    Outside a trading venue 
----  --------------------------  --------------------------------------------------- 
 
 
  1    Details of the person discharging managerial responsibilities/person 
        closely associated 
      ------------------------------------------------------------------------------- 
  a)   Name                         Gary Tan 
----  --------------------------  --------------------------------------------------- 
  2    Reason for the notification 
----  ------------------------------------------------------------------------------- 
  a)   Position/status              PDMR: President (Asia) 
----  --------------------------  --------------------------------------------------- 
  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               Conditional award of shares pursuant to the 
        transaction                 rules of the Ricardo plc 2020 Long Term Incentive 
                                    Plan 
----  --------------------------  --------------------------------------------------- 
  c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                                ---------- 
                                        Nil       30,446 
                                    ----------  ---------- 
----  --------------------------  --------------------------------------------------- 
  d)    Aggregated information     N/A 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  --------------------------------------------------- 
  e)   Date of the transaction     2021-10-27 
----  --------------------------  --------------------------------------------------- 
  f)   Place of the transaction    Outside a trading venue 
----  --------------------------  --------------------------------------------------- 
 
 
  1    Details of the person discharging managerial responsibilities/person 
        closely associated 
      ------------------------------------------------------------------------------- 
  a)   Name                         Gareth Taylor 
----  --------------------------  --------------------------------------------------- 
  2    Reason for the notification 
----  ------------------------------------------------------------------------------- 
  a)   Position/status              PDMR: Finance Director - Ricardo Rail 
----  --------------------------  --------------------------------------------------- 
  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               Conditional award of shares pursuant to the 
        transaction                 rules of the Ricardo plc 2020 Long Term Incentive 
                                    Plan 
----  --------------------------  --------------------------------------------------- 
  c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                                ---------- 
                                        Nil       10,300 
                                    ----------  ---------- 
----  --------------------------  --------------------------------------------------- 
  d)    Aggregated information 
          *    Aggregated volume     Not applicable 
 
 
          *    Price 
----  --------------------------  --------------------------------------------------- 
  e)   Date of the transaction     2021-10-27 
----  --------------------------  --------------------------------------------------- 
  f)   Place of the transaction    Outside a trading venue 
----  --------------------------  --------------------------------------------------- 
 

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END

DSHGZMZGVRMGMZM

(END) Dow Jones Newswires

October 29, 2021 02:00 ET (06:00 GMT)

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