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Ricardo PLC (RCDO)

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Tuesday 12 April, 2022

Ricardo PLC

Director/PDMR Shareholding

RNS Number : 1793I
Ricardo PLC
12 April 2022
 

Ricardo PLC

 

Director / PDMR Shareholdings

 

12 April 2022

London

 

2014 Long Term Incentive Plan - Vesting of cycle 12B award and realisation of shares for value

 

Ricardo PLC (the "Company") announces that, on 11 April 2022, a total of 1,000 ordinary shares of 25 pence each ("Shares") vested in favour of Chris Hopper, a person discharging managerial responsibilities, under the terms of the Company's 2014 Long Term Incentive Plan (the "LTIP").  This vesting related to an award that was granted to him under the LTIP on 10 April 2019.

 

Immediately on vesting of the above award, Chris Hopper realised value in respect of all of the vested Shares at a price of £3.80.

 

Following the above notification, Chris Hopper does not hold any Shares in the Company.

 

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 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 award granted on 10 April 2019 pursuant to the terms of the Ricardo plc 2014 Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0

1,000

d)

Aggregated information

Aggregated volume

Price

 

Not applicable

e)

Date of the transaction

2022-04-11

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

Volume

£3.80

1,000

d)

Aggregated information

Aggregated volume

Price

 

Not applicable

e)

Date of the transaction

2022-04-11

f)

Place of the transaction

Outside a trading venue

 

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