Ricardo PLC
Director / PDMR Shareholdings
17 January 2022
London
Purchase of Partnership Shares under the Ricardo PLC Share Incentive Plan (the "SIP")
Ricardo PLC (the "Company") announces that on 13 January 2022 it received notification from the trustee (the "Trustee") of the Company's SIP that on 10 January 2022 it transferred an aggregate of 72 ordinary shares of 25 pence each in the Company ("Shares") held in the trust at a price of £4.84 per Share to the following Persons Discharging Managerial Responsibilities:
Name |
No. of Shares purchased on 10 January 2022 |
Chris Amsden |
31 |
Tim Curtis |
31 |
Martin Starkey |
10 |
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 following this notification |
Approximate % of Company's issued share capital |
Chris Amsden |
4,473 |
0.007% |
Tim Curtis |
1,191 |
0.002% |
Martin Starkey |
566 |
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 |
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a) |
Name |
Chris Amsden (the "Participant") |
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2 |
Reason for the notification |
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a) |
Position/status |
PDMR: Finance Director - Performance Products |
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b) |
Initialnotification/ Amendment |
Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Ricardo plc |
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b) |
LEI |
213800ZNYAY35F4XB814 |
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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 |
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a) |
Description of the financial instrument, type of instrument |
Ordinary shares of 25p each ("Shares") |
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Identificationcode |
GB0007370074 |
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b) |
Nature of thetransaction |
Transfer of existing unallocated Shares held 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. |
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c) |
Price(s) and volume(s) |
|
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d) |
Aggregated information - Aggregated volume - Price |
Not applicable |
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e) |
Date of the transaction |
2022-01-10 |
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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") |
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2 |
Reason for the notification |
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a) |
Position/status |
PDMR: Managing Director - Ricardo Energy and Environment |
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b) |
Initialnotification/ Amendment |
Initial Notification |
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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 |
Transfer of existing unallocated Shares held 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) |
|
||||
d) |
Aggregated information - Aggregated volume - Price |
Not applicable |
||||
e) |
Date of the transaction |
2022-01-10 |
||||
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) |
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 |
Transfer of existing unallocated Shares held 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) |
|
||||
d) |
Aggregated information - Aggregated volume - Price |
Not applicable |
||||
e) |
Date of the transaction |
2022-01-10 |
||||
f) |
Place of the transaction |
Outside a trading venue |