Director/PDMR Shareholding

RNS Number : 6917U

Ricardo PLC

26 October 2017

 

Ricardo PLC

Director / PDMR Shareholdings

26 October 2017

London

1.         2011 Deferred Bonus Plan - Awards granted in 2016 with a 1 year deferral period

The Company announces that on 25 October 2017, a total of 3,735 Shares vested in favour of Persons Discharging Managerial Responsibilities ("PDMRs") under the terms of the Company's 2011 Deferred Bonus Plan. These awards (which included dividend entitlements) were granted on 25 October 2016. They vested following the end of a one year Deferral Period and were not subject to performance conditions. Further details of this vesting are provided below.

Name	Role	No. of Shares that vested on 25 October 2017
Mark Barge	PDMR	176
Tim Curtis	PDMR	189
James Mills	PDMR	732
Paul Rivera	PDMR	478
Paul Seller	PDMR	742
Gary Tan	PDMR	771
Gareth Taylor	PDMR	647

Following the vesting, the PDMRs sold the Shares set out below on 25 October 2017 at a price of £8.22:

Name	Role	No. of Shares sold on 25 October 2017
Mark Barge	PDMR	83
Tim Curtis	PDMR	189
James Mills	PDMR	732
Paul Rivera	PDMR	478
Paul Seller	PDMR	742
Gary Tan	PDMR	771
Gareth Taylor	PDMR	647

2.         Net current total holdings of Shares

Following the above notifications, the total holdings of Shares of the relevant PDMRs are as follows:

Name	Role	Total holding following this notification	Approximate % of Company's issued share capital
Mark Barge	PDMR	5,526	0.010%
Tim Curtis	PDMR	0	0.000%
James Mills	PDMR	832	0.002%
Paul Rivera	PDMR	9,382	0.018%
Paul Seller	PDMR	0	0.000%
Gary Tan	PDMR	0	0.000%
Gareth Taylor	PDMR	0	0.000%

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	Mark Barge
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	Acquisition of Shares following the vesting of an award granted on 25 October 2016 pursuant to the terms of the Ricardo plc 2011 Deferred Bonus Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 176
d)	Aggregated information -   Aggregated volume -   Price	Not applicable
e)	Date of the transaction	2017-10-25
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)
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	Sale of Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £8.22 83
d)	Aggregated information -   Aggregated volume -   Price	Not applicable
e)	Date of the transaction	2017-10-25
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
2	Reason for the notification
a)	Position/status	PDMR: Managing Director - Ricardo Energy and Environment
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	Acquisition of Shares following the vesting of an award granted on 25 October 2016 pursuant to the terms of the Ricardo plc 2011 Deferred Bonus Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 189
d)	Aggregated information -   Aggregated volume -   Price	Not applicable
e)	Date of the transaction	2017-10-25
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)
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	Sale of Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £8.22 189
d)	Aggregated information -   Aggregated volume -   Price	Not applicable
e)	Date of the transaction	2017-10-25
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	James Mills
2	Reason for the notification
a)	Position/status	PDMR: Finance Director - Ricardo Automotive (EMEA)
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	Acquisition of Shares following the vesting of an award granted on 25 October 2016 pursuant to the terms of the Ricardo plc 2011 Deferred Bonus Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 732
d)	Aggregated information -   Aggregated volume -   Price	Not applicable
e)	Date of the transaction	2017-10-25
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)
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	Sale of Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £8.22 732
d)	Aggregated information -   Aggregated volume -   Price	Not applicable
e)	Date of the transaction	2017-10-25
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Paul Rivera
2	Reason for the notification
a)	Position/status	PDMR: President, Ricardo US
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	Acquisition of Shares following the vesting of an award granted on 25 October 2016 pursuant to the terms of the Ricardo plc 2011 Deferred Bonus Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 478
d)	Aggregated information -   Aggregated volume -   Price	Not applicable
e)	Date of the transaction	2017-10-25
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)
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	Sale of Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £8.22 478
d)	Aggregated information -   Aggregated volume -   Price	Not applicable
e)	Date of the transaction	2017-10-25
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

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/ 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	Acquisition of Shares following the vesting of an award granted on 25 October 2016 pursuant to the terms of the Ricardo plc 2011 Deferred Bonus Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 742
d)	Aggregated information -   Aggregated volume -   Price	Not applicable
e)	Date of the transaction	2017-10-25
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)
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	Sale of Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £8.22 742
d)	Aggregated information -   Aggregated volume -   Price	Not applicable
e)	Date of the transaction	2017-10-25
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Gary Tan
2	Reason for the notification
a)	Position/status	PDMR: Managing Director - Asia
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	Acquisition of Shares following the vesting of an award granted on 25 October 2016 pursuant to the terms of the Ricardo plc 2011 Deferred Bonus Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 771
d)	Aggregated information -   Aggregated volume -   Price	Not applicable
e)	Date of the transaction	2017-10-25
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)
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	Sale of Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £8.22 771
d)	Aggregated information -   Aggregated volume -   Price	Not applicable
e)	Date of the transaction	2017-10-25
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

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 Transportation
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	Acquisition of Shares following the vesting of an award granted on 25 October 2016 pursuant to the terms of the Ricardo plc 2011 Deferred Bonus Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 647
d)	Aggregated information -   Aggregated volume -   Price	Not applicable
e)	Date of the transaction	2017-10-25
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)
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	Sale of Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £8.22 647
d)	Aggregated information -   Aggregated volume -   Price	Not applicable
e)	Date of the transaction	2017-10-25
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

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