Ricardo PLC

Director/PDMR Shareholding

RNS Number : 2374E
Ricardo PLC
09 March 2022
 

Ricardo PLC

 

Director / PDMR Shareholdings

 

9 March 2022

London

 

1.  2020 Long Term Incentive Plan - vesting of plan cycle 14B

 

Ricardo PLC (the "Company") announces that, on 8 March 2022, a total of 18,870 ordinary shares of 25 pence each ("Shares") vested in favour of Persons Discharging Managerial Responsibilities ("PDMRs") under the terms of the Company's 2020 Long Term Incentive Plan (the "LTIP").  This vesting, details of which are provided below, related to awards that were granted under the LTIP on 8 March 2021.

 

 Name

Role

No. of Shares that vested on 8 March 2022

Chris Amsden

PDMR

2,220

Tim Curtis

PDMR

3,330

Chris Hopper

PDMR

2,220

Ian Rogerson

PDMR

2,220

Paul Seller

PDMR

3,330

Martin Starkey

PDMR

3,330

Gareth Taylor

PDMR

2,220

 

 

2.  Realisation of value of shares

 

Immediately on vesting of the above awards, the PDMRs realised value in respect of the following Shares at a price of £3.74:

 

Name

Role

No. of Shares realised for value on 8 March 2022

Chris Amsden

PDMR

1,044

Tim Curtis

PDMR

3,330

Chris Hopper

PDMR

2,220

Ian Rogerson

PDMR

2,220

Paul Seller

PDMR

3,330

Martin Starkey

PDMR

3,330

Gareth Taylor

PDMR

2,220

 

 

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

Chris Amsden

PDMR

5,681

0.009%

Tim Curtis

PDMR

1,224

0.002%

Chris Hopper

PDMR

0

0.000%

Ian Rogerson

PDMR

0

0.000%

Paul Seller

PDMR

0

0.000%

Martin Starkey

PDMR

577

0.001%

Gareth Taylor

PDMR

0

0.000%

 

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 Amsden

2

Reason for the notification

a)

Position/status

PDMR: Finance 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

Vesting of awards granted on 8 March 2021 pursuant to the terms of the Ricardo 2020 Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0

2,220

d)

Aggregated information

Aggregated volume

Price

 

Not applicable

e)

Date of the transaction

2022-03-08

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(s)

Volume(s)

£3.74

1,044

d)

Aggregated information

Aggregated volume

Price

 

Not applicable

e)

Date of the transaction

2022-03-08

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Tim Curtis

2

Reason for the notification

a)

Position/status

PDMR: Managing Director - Energy and Environment

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 awards granted on 8 March 2021 pursuant to the terms of the Ricardo 2020 Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0

3,330

d)

Aggregated information

Aggregated volume

Price

 

Not applicable

e)

Date of the transaction

2022-03-08

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(s)

Volume(s)

£3.74

3,330

d)

Aggregated information

Aggregated volume

Price

 

Not applicable

e)

Date of the transaction

2022-03-08

f)

Place of the transaction

Outside a trading venue

 

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 awards granted on 8 March 2021 pursuant to the terms of the Ricardo 2020 Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0

2,220

d)

Aggregated information

Aggregated volume

Price

 

Not applicable

e)

Date of the transaction

2022-03-08

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(s)

Volume(s)

£3.74

2,220

d)

Aggregated information

Aggregated volume

Price

 

Not applicable

e)

Date of the transaction

2022-03-08

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Ian Rogerson

2

Reason for the notification

a)

Position/status

PDMR: Finance Director - Energy and Environment

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 awards granted on 8 March 2021 pursuant to the terms of the Ricardo 2020 Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0

2,220

d)

Aggregated information

Aggregated volume

Price

Not applicable

e)

Date of the transaction

2022-03-08

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(s)

Volume(s)

£3.74

2,220

d)

Aggregated information

Aggregated volume

Price

Not applicable

e)

Date of the transaction

2022-03-08

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Paul Seller

2

Reason for the notification

a)

Position/status

PDMR: Managing Director - Ricardo Rail

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 awards granted on 8 March 2021 pursuant to the terms of the Ricardo 2020 Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0

3,330

d)

Aggregated information

Aggregated volume

Price

 

Not applicable

e)

Date of the transaction

2022-03-08

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(s)

Volume(s)

£3.74

3,330

d)

Aggregated information

Aggregated volume

Price

 

Not applicable

e)

Date of the transaction

2022-03-08

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Martin Starkey

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

Vesting of awards granted on 8 March 2021 pursuant to the terms of the Ricardo 2020 Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0

3,330

d)

Aggregated information

Aggregated volume

Price

Not applicable

e)

Date of the transaction

2022-03-08

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(s)

Volume(s)

£3.74

3,330

d)

Aggregated information

Aggregated volume

Price

Not applicable

e)

Date of the transaction

2022-03-08

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Gareth Taylor

2

Reason for the notification

a)

Position/status

PDMR: Finance Director - Ricardo Rail

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 awards granted on 8 March 2021 pursuant to the terms of the Ricardo 2020 Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0

2,220

d)

Aggregated information

Aggregated volume

Price

Not applicable

e)

Date of the transaction

2022-03-08

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(s)

Volume(s)

£3.74

2,220

d)

Aggregated information

Aggregated volume

Price

Not applicable

e)

Date of the transaction

2022-03-08

f)

Place of the transaction

Outside a trading venue

 

 

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