Director/PDMR Shareholding

RNS Number : 9298G

Ricardo PLC

11 August 2016

 

Ricardo PLC

Director / PDMR Shareholdings

11 August 2016

London

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

Ricardo PLC (the "Company") announces that on 10 August 2016 it received notification from the trustee (the "Trustee") of the Company's SIP that on 9 August 2016 it purchased 19 ordinary shares of 25 pence each in the Company ("Shares") in the market at a price of £7.9125 per Share on behalf of Mark Barge, a Person Discharging Managerial Responsibilities. This purchase related to the "Partnership Share" element of the SIP and was made using deductions from Mr Barge's gross salary.

Following the above transaction, the total beneficial holding of Shares of Mark Barge is 4,096 Shares, representing approximately 0.008% of the Company's issued ordinary share capital.

The following notification is 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	Mark Barge (the "Participant")
2	Reason for the notification
a)	Position/status	PDMR: Managing Director - Performance Products
b)	Initial notification/ Amendment	Initial Notification
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 the financial instrument, type of instrument	Ordinary shares of 25p each ("Shares")
	Identification code	GB0007370074
b)	Nature of the transaction	Purchase of Shares by Capita IRG 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) £7.9125 19
d)	Aggregated information -   Aggregated volume -   Price	Not applicable
e)	Date of the transaction	2016-08-09
f)	Place of the transaction	London Stock Exchange

 

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