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Ricardo PLC (RCDO)

  Print          Annual reports

Friday 29 October, 2021

Ricardo PLC

Director/PDMR Shareholding

RNS Number : 6340Q
Ricardo PLC
28 October 2021
 

 

 

 

 

 

 

 

 

 

Ricardo PLC

 

Director / PDMR Shareholdings

 

29 October 2021

London

 

1.  2020 Long Term Incentive Plan - grant of plan cycle 15

 

Ricardo PLC (the "Company") announces that, on 27 October 2021:

(i)  conditional awards over a total of 522,306 shares of 25 pence each in the Company ("Shares"); and

(ii)  a conditional award of cash equivalent to the value of 8,702 Shares (the "Phantom Award"),

were granted to Executive Directors and other 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 subject to TSR and EPS performance conditions.

 

Name

Role

No. of Shares (or notional Shares in respect of the Phantom Award) over which awards granted

Graham Ritchie

Executive Director

Ian Gibson

Executive Director

Chris Amsden

PDMR

Mike Bell

PDMR

Tim Curtis

PDMR

Thomas Dapolito

PDMR

Chester Gryczan

PDMR

Chris Hopper

PDMR

Michelle Hu

PDMR

Marques McCammon

PDMR

Alex Pascoe

PDMR

Ian Rogerson

PDMR

Patricia Ryan

PDMR

Paul Seller

PDMR

Brian Smith

PDMR

Martin Starkey

PDMR

Gary Tan

PDMR

Gareth Taylor

PDMR

 

2.  Current total holdings of awards/options over shares

 

Following the above notification, the total number of Shares (or, in the case of the Phantom Award, notional Shares) over which the relevant Executive Directors and other PDMRs hold outstanding awards / options is set out below:

 

 Name

Role

Total holding following this notification (Shares / notional Shares)

Approximate % of Company's issued share capital

Graham Ritchie

Executive Director

Ian Gibson

Executive Director

Chris Amsden

PDMR

Mike Bell

PDMR

Tim Curtis

PDMR

Thomas Dapolito

PDMR

Chester Gryczan

PDMR

Chris Hopper

PDMR

Michelle Hu

PDMR

Marques McCammon

PDMR

Alex Pascoe

PDMR

Ian Rogerson

PDMR

Patricia Ryan

PDMR

Paul Seller

PDMR

Brian Smith

PDMR

Martin Starkey

PDMR

Gary Tan

PDMR

Gareth Taylor

PDMR

 

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

Graham Ritchie

2

Reason for the notification

a)

Position/status

PDMR: Chief Executive Officer

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

 

d)

Aggregated information

Aggregated volume

Price

 

  N/A

e)

Date of the transaction

2021-10-27

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Ian Gibson

2

Reason for the notification

a)

Position/status

PDMR: Chief Financial Officer

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

 

d)

Aggregated information

Aggregated volume

Price

  N/A

 

e)

Date of the transaction

2021-10-27

f)

Place of the transaction

Outside a trading venue

 

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

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

 

d)

Aggregated information

Aggregated volume

Price

  N/A

 

e)

Date of the transaction

2021-10-27

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

 

d)

Aggregated information

Aggregated volume

Price

  N/A

 

e)

Date of the transaction

2021-10-27

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  - Ricardo 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

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

23,214

 

d)

Aggregated information

Aggregated volume

Price

  N/A

 

e)

Date of the transaction

2021-10-27

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Thomas Dapolito

2

Reason for the notification

a)

Position/status

PDMR: Chief Financial Officer, Ricardo US

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

14,171

 

d)

Aggregated information

Aggregated volume

Price

  N/A

 

e)

Date of the transaction

2021-10-27

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)

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

 

d)

Aggregated information

Aggregated volume

Price

  N/A

e)

Date of the transaction

2021-10-27

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

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

14,285

 

d)

Aggregated information

Aggregated volume

Price

  N/A

 

e)

Date of the transaction

2021-10-27

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Michelle Hu

2

Reason for the notification

a)

Position/status

PDMR: Vice President, Finance (Asia)

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 a cash equivalent to a number of notional shares pursuant to the rules of the Ricardo plc 2020 Long Term Incentive Plan (i.e. a "Phantom Award").

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

8,702 (notional Shares)

 

d)

Aggregated information

Aggregated volume

Price

  N/A

 

e)

Date of the transaction

2021-10-27

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: President, Ricardo US

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

30,060

 

d)

Aggregated information

Aggregated volume

Price

 

  N/A

 

e)

Date of the transaction

2021-10-27

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Alex Pascoe

2

Reason for the notification

a)

Position/status

PDMR: Group Financial Controller

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

 

d)

Aggregated information

Aggregated volume

Price

  N/A

 

e)

Date of the transaction

2021-10-27

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 - Ricardo 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

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

 

d)

  Aggregated information

Aggregated volume

Price

 

  N/A

 

e)

Date of the transaction

2021-10-27

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Patricia Ryan

2

Reason for the notification

a)

Position/status

PDMR: Group General Counsel and Company Secretary

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

7,753

 

d)

Aggregated information

Aggregated volume

Price

  N/A

 

e)

Date of the transaction

2021-10-27

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

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

24,523

 

d)

Aggregated information

Aggregated volume

Price

  N/A

e)

Date of the transaction

2021-10-27

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Brian Smith

2

Reason for the notification

a)

Position/status

PDMR: VP Finance - Ricardo Defense Systems

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

 

d)

Aggregated information

Aggregated volume

Price

  N/A

 

e)

Date of the transaction

2021-10-27

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

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

 

d)

Aggregated information

Aggregated volume

Price

  N/A

 

e)

Date of the transaction

2021-10-27

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Gary Tan

2

Reason for the notification

a)

Position/status

PDMR: President (Asia)

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

 

d)

Aggregated information

Aggregated volume

Price

  N/A

e)

Date of the transaction

2021-10-27

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

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

 

d)

Aggregated information

Aggregated volume

Price

 

Not applicable

e)

Date of the transaction

2021-10-27

f)

Place of the transaction

Outside a trading venue

 

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