Director/PDMR Shareholding

Ricardo PLC

10 October 2023

 

Ricardo PLC

Director / PDMR Shareholdings

9 October 2023

London

1.         2021 Deferred Bonus Plan - vesting of awards granted in 2022 with a 1 year deferral period

Ricardo PLC (the "Company") announces that, on 6 October 2023, a total of 18,136 ordinary shares of 25 pence each ("Shares") vested in favour of Persons Discharging Managerial Responsibilities ("PDMRs") under the terms of the Company's 2021 Deferred Bonus Plan ("DBP"). These awards (which included dividend entitlements) were granted on 6 October 2022. 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 6 October 2023
Mike Bell	PDMR	5,227
Chester Gryczan	PDMR	1,275
Mary Moore	PDMR	3,480
Natasha Perfect	PDMR	3,245
Clive Wotton	PDMR	4,909

2.             Realisation of value of shares

Immediately on vesting of the awards referred to in section 1 above, the PDMRs realised value in respect of the following Shares at a price of £4.59.

Name	Role	No. of Shares realised for value on 6 October 2023
Mike Bell	PMDR	2,457
Chester Gryczan	PDMR	1,275
Mary Moore	PDMR	1,636
Natasha Perfect	PDMR	1,526
Clive Wotton	PDMR	4,909

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
Mike Bell	PMDR	2,770	0.004%
Chester Gryczan	PMDR	0	0%
Mary Moore	PMDR	1,844	0.003%
Natasha Perfect	PMDR	1,719	0.003%
Clive Wotton	PMDR	0	0%

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	Mike Bell
2	Reason for the notification
a)	Position/status	PDMR: Chief Strategy and Digital Officer
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	Vesting of award granted on 6 October 2022 pursuant to the terms of the Ricardo plc 2021 Deferred Bonus Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 5,227
d)	Aggregated information -   Aggregated volume -   Price	Not applicable
e)	Date of the transaction	6 October 2023
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")
	Identification code	GB0007370074
b)	Nature of the transaction	Shares realised for value
c)	Price(s) and volume(s)	Price(s) Volume(s) £4.59 2,457
d)	Aggregated information -   Aggregated volume -   Price	Not applicable
e)	Date of the transaction	6 October 2023
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Chester Gryczan
2	Reason for the notification
a)	Position/status	PDMR: President - Ricardo Defense Systems
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	Vesting of award granted on 6 October 2022 pursuant to the Ricardo plc 2021 Deferred Bonus Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 1,275
d)	Aggregated information -   Aggregated volume -   Price	Not applicable
e)	Date of the transaction	6 October 2023
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")
	Identification code	GB0007370074
b)	Nature of the transaction	Shares realised for value
c)	Price(s) and volume(s)	Price(s) Volume(s) £4.59 1,275
d)	Aggregated information -   Aggregated volume -   Price	Not applicable
e)	Date of the transaction	6 October 2023
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Mary Moore
2	Reason for the notification
a)	Position/status	PDMR: Group People, Team and Organisation Director
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	Vesting of awards granted on 6 October 2022 pursuant to the terms of the Ricardo plc 2021 Deferred Bonus Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 3,480
d)	Aggregated information -   Aggregated volume -   Price	Not applicable
e)	Date of the transaction	6 October 2023
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")
	Identification code	GB0007370074
b)	Nature of the transaction	Shares realised for value
c)	Price(s) and volume(s)	Price(s) Volume(s) £4.59 1,636
d)	Aggregated information -   Aggregated volume -   Price	Not applicable
e)	Date of the transaction	6 October 2023
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Natasha Perfect
2	Reason for the notification
a)	Position/status	PDMR: Group Marketing and Communications Director
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	Vesting of award granted on 6 October 2022 pursuant to the Ricardo plc 2021 Deferred Bonus Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 3,245
d)	Aggregated information -   Aggregated volume -   Price	Not applicable
e)	Date of the transaction	6 October 2023
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")
	Identification code	GB0007370074
b)	Nature of the transaction	Shares realised for value
c)	Price(s) and volume(s)	Price(s) Volume(s) £4.59 1,526
d)	Aggregated information -   Aggregated volume -   Price	Not applicable
e)	Date of the transaction	6 October 2023
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Clive Wotton
2	Reason for the notification
a)	Position/status	PDMR: Group Director, Sustainability, Quality and Risk
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	Vesting of award granted on 6 October 2022 pursuant to the Ricardo plc 2021 Deferred Bonus Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 4,909
d)	Aggregated information -   Aggregated volume -   Price	Not applicable
e)	Date of the transaction	6 October 2023
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")
	Identification code	GB0007370074
b)	Nature of the transaction	Shares realised for value
c)	Price(s) and volume(s)	Price(s) Volume(s) £4.59 4,909
d)	Aggregated information -   Aggregated volume -   Price	Not applicable
e)	Date of the transaction	6 October 2023
f)	Place of the transaction	Outside a trading venue

 

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