Director/PDMR Shareholding

RNS Number : 1793I

Ricardo PLC

12 April 2022

 

Ricardo PLC

Director / PDMR Shareholdings

12 April 2022

London

2014 Long Term Incentive Plan - Vesting of cycle 12B award and realisation of shares for value

Ricardo PLC (the "Company") announces that, on 11 April 2022, a total of 1,000 ordinary shares of 25 pence each ("Shares") vested in favour of Chris Hopper, a person discharging managerial responsibilities, under the terms of the Company's 2014 Long Term Incentive Plan (the "LTIP").  This vesting related to an award that was granted to him under the LTIP on 10 April 2019.

Immediately on vesting of the above award, Chris Hopper realised value in respect of all of the vested Shares at a price of £3.80.

Following the above notification, Chris Hopper does not hold any Shares in the Company.

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 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 award granted on 10 April 2019 pursuant to the terms of the Ricardo plc 2014 Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 1,000
d)	Aggregated information -  Aggregated volume -  Price	Not applicable
e)	Date of the transaction	2022-04-11
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 Volume £3.80 1,000
d)	Aggregated information -  Aggregated volume -  Price	Not applicable
e)	Date of the transaction	2022-04-11
f)	Place of the transaction	Outside a trading venue

 

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