Ricardo PLC Director/PDMR Shareholding (4607M)
14 September 2023 - 6:17PM
UK Regulatory
TIDMRCDO
RNS Number : 4607M
Ricardo PLC
14 September 2023
Ricardo PLC
Director / PDMR Shareholdings
13 September 2023
London
Purchase of Partnership Shares under the Ricardo PLC Share
Incentive Plan (the "SIP")
Ricardo PLC (the "Company") announces that on 12 September 2023
it received notification from the trustee (the "Trustee") of the
Company's SIP that on 11 September 2023 it purchased 19 ordinary
shares of 25 pence each in the Company ("Shares") in the market at
a price of GBP5.29 per Share on behalf of Rachel Stringer, a Person
Discharging Managerial Responsibilities.
This purchase related to the "Partnership Share" element of the
SIP and were made using deductions from the individual's gross
salary.
Following the above purchase, Rachel Stringer's total beneficial
holding of Shares was 555, representing approximately 0.001% of the
Company's issued share capital.
The following notification is 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 Rachel Stringer (the "Participant")
---- -------------------------- ---------------------------------------------------------
2 Reason for the notification
---- -------------------------------------------------------------------------------------
a) Position/status PDMR: Global President - Clean Energy and Environmental
Solutions
---- -------------------------- ---------------------------------------------------------
b) Initial notification/ Initial Notification
Amendment
---- -------------------------- ---------------------------------------------------------
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 Ordinary shares of 25p each ("Shares")
the financial
instrument, type
of instrument
----
Identification GB0007370074
code
---- -------------------------- ---------------------------------------------------------
b) Nature of the Purchase of Shares by Link Market Services
transaction Trustees Limited, the trustee of the Ricardo
plc Share Incentive Plan (the "SIP"), on behalf
of the Participant relating to the "Partnership
Share" element of the SIP using deductions
from the Participant's gross salary.
---- -------------------------- ---------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
----------
GBP5.29 19
---------- ----------
---- -------------------------- ---------------------------------------------------------
d) Aggregated information Not applicable
* Aggregated volume
* Price
---- -------------------------- ---------------------------------------------------------
e) Date of the transaction 2023-09-11
---- -------------------------- ---------------------------------------------------------
f) Place of the transaction London Stock Exchange, Main Market (XLON)
---- -------------------------- ---------------------------------------------------------
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END
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