Director/PDMR Shareholding

RNS Number : 5065K

Ricardo PLC

21 December 2022

 

Ricardo PLC

Director / PDMR Shareholdings

8 December 2022

London

1.  2020 Long Term Incentive Plan - grant of plan cycle 16B award

Ricardo PLC (the "Company") announces that on 8 December 2022 a conditional award over a total of 34,567 shares of 25 pence each in the Company ("Shares") were granted to Rachel Stringer, a Person Discharging Managerial Responsibility ("PDMR"), as set out below under the terms of the Company's 2020 Long Term Incentive Plan (the "LTIP"). This award vests after three years and is subject to TSR and EPS performance conditions. 

2. Current total holdings of awards/options over shares

Following the above notification, the total number of Shares over which the relevant PDMR holds outstanding awards is 34,567. This number represents approximately 0.056% of the Company's issued share capital.

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	Rachel Stringer
2	Reason for the notification
a)	Position/status	PDMR: Global President - Clean Energy and Environmental Solutions
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	Conditional award of shares pursuant to the rules of the Ricardo plc 2020 Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 34,567
d)	Aggregated information -  Aggregated volume -  Price	N/A
e)	Date of the transaction	2022-12-08
f)	Place of the transaction	Outside a trading venue

 

END

 

 

DSHDZMZZZMVGZZM