Director/PDMR Shareholding

RNS Number : 7072E

Ricardo PLC

14 March 2022

 

Ricardo PLC

Director / PDMR Shareholdings

14 March 2022

London

1.  2020 Long Term Incentive Plan - grant of discretionary retention awards

Ricardo PLC (the "Company") announces that, on 14 March 2022, discretionary retention awards over a total of 24,223 shares of 25 pence each in the Company ("Shares") were granted to Persons Discharging Managerial Responsibility ("PDMRs") as set out below under the terms of the Company's 2020 Long Term Incentive Plan (the "LTIP"). These awards vest after three years and are not subject to any performance conditions.

Name	Role	No. of Shares over which awards granted
Adrian Schaffer	PDMR	5,000
Mike Bell	PDMR	8,000
Marques McCammon	PDMR	11,223

2.  Current total holdings of awards/options over shares

Following the above notification, the total number of Shares over which the relevant PDMRs hold outstanding awards / options is set out below:

Name	Role	Total holding following this notification (Shares)	Approximate % of Company's issued share capital
Adrian Schaffer	PDMR	5,000	0.008%
Mike Bell	PDMR	28,796	0.046%
Marques McCammon	PDMR	115,800	0.186%

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	Adrian Schaffer
2	Reason for the notification
a)	Position/status	PDMR: President, North America
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	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 5,000
d)	Aggregated information -  Aggregated volume -  Price	N/A
e)	Date of the transaction	2022-03-14
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Mike Bell
2	Reason for the notification
a)	Position/status	PDMR: Group Strategy and Transformation Director
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	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 8,000
d)	Aggregated information -  Aggregated volume -  Price	N/A
e)	Date of the transaction	2022-03-14
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Marques McCammon
2	Reason for the notification
a)	Position/status	PDMR: Managing Director, Automotive & Industrial
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	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 11,223
d)	Aggregated information -  Aggregated volume -  Price	N/A
e)	Date of the transaction	2022-03-14
f)	Place of the transaction	Outside a trading venue

 

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