TIDMRCDO

RNS Number : 3821S

Ricardo PLC

15 November 2021

Ricardo PLC

Director / PDMR Shareholdings

15 November 2021

London

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

Ricardo PLC (the "Company") announces that on 10 November 2021 it received notification from the trustee (the "Trustee") of the Company's SIP that on 9 November 2021 it transferred an aggregate of 82 ordinary shares of 25 pence each in the Company ("Shares") held in the trust at a price of GBP4.24 per Share to the following Persons Discharging Managerial Responsibilities:

 
 Name              No. of Shares purchased on 9 
                    November 2021 
 Chris Amsden                   36 
                  ----------------------------- 
 Tim Curtis                     35 
                  ----------------------------- 
 Martin Starkey                 11 
                  ----------------------------- 
 

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

Following the above transfers, 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           4,386               0.007% 
                  ----------------  --------------------- 
 Tim Curtis             1,114               0.002% 
                  ----------------  --------------------- 
 Martin Starkey          538                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               Transfer of existing unallocated Shares held 
        transaction                 by Link Market Services Trustees Limited, the 
                                    trustee of the Ricardo plc Share Incentive 
                                    Plan (the "SIP"), to 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) 
                                                ---------- 
                                      GBP4.24       36 
                                    ----------  ---------- 
----  --------------------------  ----------------------------------------------- 
  d)    Aggregated information     Not applicable 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  ----------------------------------------------- 
  e)   Date of the transaction     2021-11-09 
----  --------------------------  ----------------------------------------------- 
  f)   Place of the transaction    Outside a trading venue 
----  --------------------------  ----------------------------------------------- 
 
 
  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               Transfer of existing unallocated Shares held 
        transaction                 by Link Market Services Trustees Limited, the 
                                    trustee of the Ricardo plc Share Incentive 
                                    Plan (the "SIP"), to 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) 
                                                ---------- 
                                      GBP4.24       35 
                                    ----------  ---------- 
----  --------------------------  ----------------------------------------------- 
  d)    Aggregated information     Not applicable 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  ----------------------------------------------- 
  e)   Date of the transaction     2021-11-09 
----  --------------------------  ----------------------------------------------- 
  f)   Place of the transaction    Outside a trading venue 
----  --------------------------  ----------------------------------------------- 
 
 
  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               Transfer of existing unallocated Shares held 
        transaction                 by Link Market Services Trustees Limited, the 
                                    trustee of the Ricardo plc Share Incentive 
                                    Plan (the "SIP"), to 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) 
                                                ---------- 
                                      GBP4.24       11 
                                    ----------  ---------- 
----  --------------------------  ------------------------------------------------ 
  d)    Aggregated information     Not applicable 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  ------------------------------------------------ 
  e)   Date of the transaction     2021-11-09 
----  --------------------------  ------------------------------------------------ 
  f)   Place of the transaction    Outside a trading venue 
----  --------------------------  ------------------------------------------------ 
 

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END

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November 15, 2021 05:15 ET (10:15 GMT)

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