Director/PDMR Shareholding

RNS Number : 2374E

Ricardo PLC

09 March 2022

 

Ricardo PLC

Director / PDMR Shareholdings

9 March 2022

London

1.  2020 Long Term Incentive Plan - vesting of plan cycle 14B

Ricardo PLC (the "Company") announces that, on 8 March 2022, a total of 18,870 ordinary shares of 25 pence each ("Shares") vested in favour of Persons Discharging Managerial Responsibilities ("PDMRs") under the terms of the Company's 2020 Long Term Incentive Plan (the "LTIP").  This vesting, details of which are provided below, related to awards that were granted under the LTIP on 8 March 2021.

Name	Role	No. of Shares that vested on 8 March 2022
Chris Amsden	PDMR	2,220
Tim Curtis	PDMR	3,330
Chris Hopper	PDMR	2,220
Ian Rogerson	PDMR	2,220
Paul Seller	PDMR	3,330
Martin Starkey	PDMR	3,330
Gareth Taylor	PDMR	2,220

2.  Realisation of value of shares

Immediately on vesting of the above awards, the PDMRs realised value in respect of the following Shares at a price of £3.74:

Name	Role	No. of Shares realised for value on 8 March 2022
Chris Amsden	PDMR	1,044
Tim Curtis	PDMR	3,330
Chris Hopper	PDMR	2,220
Ian Rogerson	PDMR	2,220
Paul Seller	PDMR	3,330
Martin Starkey	PDMR	3,330
Gareth Taylor	PDMR	2,220

3.  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
Chris Amsden	PDMR	5,681	0.009%
Tim Curtis	PDMR	1,224	0.002%
Chris Hopper	PDMR	0	0.000%
Ian Rogerson	PDMR	0	0.000%
Paul Seller	PDMR	0	0.000%
Martin Starkey	PDMR	577	0.001%
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	Chris Amsden
2	Reason for the notification
a)	Position/status	PDMR: Finance Director - Performance Products
b)	Initialnotification/ 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")
	Identificationcode	GB0007370074
b)	Nature of thetransaction	Vesting of awards granted on 8 March 2021 pursuant to the terms of the Ricardo 2020 Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 2,220
d)	Aggregated information -  Aggregated volume -  Price	Not applicable
e)	Date of the transaction	2022-03-08
f)	Place of the transaction	Outside a trading venue
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")
	Identificationcode	GB0007370074
b)	Nature of thetransaction	Shares realised for value
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.74 1,044
d)	Aggregated information -  Aggregated volume -  Price	Not applicable
e)	Date of the transaction	2022-03-08
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 - Energy and Environment
b)	Initialnotification/ 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")
	Identificationcode	GB0007370074
b)	Nature of thetransaction	Vesting of awards granted on 8 March 2021 pursuant to the terms of the Ricardo 2020 Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 3,330
d)	Aggregated information -  Aggregated volume -  Price	Not applicable
e)	Date of the transaction	2022-03-08
f)	Place of the transaction	Outside a trading venue
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")
	Identificationcode	GB0007370074
b)	Nature of thetransaction	Shares realised for value
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.74 3,330
d)	Aggregated information -  Aggregated volume -  Price	Not applicable
e)	Date of the transaction	2022-03-08
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)	Initialnotification/ 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")
	Identificationcode	GB0007370074
b)	Nature of thetransaction	Vesting of awards granted on 8 March 2021 pursuant to the terms of the Ricardo 2020 Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 2,220
d)	Aggregated information -  Aggregated volume -  Price	Not applicable
e)	Date of the transaction	2022-03-08
f)	Place of the transaction	Outside a trading venue
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")
	Identificationcode	GB0007370074
b)	Nature of thetransaction	Shares realised for value
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.74 2,220
d)	Aggregated information -  Aggregated volume -  Price	Not applicable
e)	Date of the transaction	2022-03-08
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 - Energy and Environment
b)	Initialnotification/ 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")
	Identificationcode	GB0007370074
b)	Nature of thetransaction	Vesting of awards granted on 8 March 2021 pursuant to the terms of the Ricardo 2020 Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 2,220
d)	Aggregated information -  Aggregated volume -  Price	Not applicable
e)	Date of the transaction	2022-03-08
f)	Place of the transaction	Outside a trading venue
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")
	Identificationcode	GB0007370074
b)	Nature of thetransaction	Shares realised for value
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.74 2,220
d)	Aggregated information -  Aggregated volume -  Price	Not applicable
e)	Date of the transaction	2022-03-08
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)	Initialnotification/ 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")
	Identificationcode	GB0007370074
b)	Nature of thetransaction	Vesting of awards granted on 8 March 2021 pursuant to the terms of the Ricardo 2020 Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 3,330
d)	Aggregated information -  Aggregated volume -  Price	Not applicable
e)	Date of the transaction	2022-03-08
f)	Place of the transaction	Outside a trading venue
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")
	Identificationcode	GB0007370074
b)	Nature of thetransaction	Shares realised for value
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.74 3,330
d)	Aggregated information -  Aggregated volume -  Price	Not applicable
e)	Date of the transaction	2022-03-08
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)	Initialnotification/ 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")
	Identificationcode	GB0007370074
b)	Nature of thetransaction	Vesting of awards granted on 8 March 2021 pursuant to the terms of the Ricardo 2020 Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 3,330
d)	Aggregated information -  Aggregated volume -  Price	Not applicable
e)	Date of the transaction	2022-03-08
f)	Place of the transaction	Outside a trading venue
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")
	Identificationcode	GB0007370074
b)	Nature of thetransaction	Shares realised for value
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.74 3,330
d)	Aggregated information -  Aggregated volume -  Price	Not applicable
e)	Date of the transaction	2022-03-08
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)	Initialnotification/ 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")
	Identificationcode	GB0007370074
b)	Nature of thetransaction	Vesting of awards granted on 8 March 2021 pursuant to the terms of the Ricardo 2020 Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 2,220
d)	Aggregated information -  Aggregated volume -  Price	Not applicable
e)	Date of the transaction	2022-03-08
f)	Place of the transaction	Outside a trading venue
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")
	Identificationcode	GB0007370074
b)	Nature of thetransaction	Shares realised for value
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.74 2,220
d)	Aggregated information -  Aggregated volume -  Price	Not applicable
e)	Date of the transaction	2022-03-08
f)	Place of the transaction	Outside a trading venue

 

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