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21 Dec 2022 12:48
Ricardo PLC
Director / PDMR Shareholdings
8 December 2022
London
1. 2020 Long Term Incentive Plan - grant of plan cycle 16B award
Ricardo PLC (the "Company") announces that on 8 December 2022 a conditional award over a total of 34,567 shares of 25 pence each in the Company ("Shares") were granted to Rachel Stringer, a Person Discharging Managerial Responsibility ("PDMR"), as set out below under the terms of the Company's 2020 Long Term Incentive Plan (the "LTIP"). This award vests after three years and is subject to TSR and EPS performance conditions.
2. Current total holdings of awards/options over shares
Following the above notification, the total number of Shares over which the relevant PDMR holds outstanding awards is 34,567. This number represents approximately 0.056% of the Company's issued share capital.
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 | Rachel Stringer | ||||
2 | Reason for the notification | |||||
a) | Position/status | PDMR: Global President - Clean Energy and Environmental Solutions | ||||
b) | Initial notification/ 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") | ||||
Identification code | GB0007370074 | |||||
b) | Nature of the transaction | Conditional award of shares pursuant to the rules of the Ricardo plc 2020 Long Term Incentive Plan | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
N/A | ||||
e) | Date of the transaction | 2022-12-08 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
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