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12 Apr 2022 17:25
Ricardo PLC
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Director / PDMR Shareholdings
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12 April 2022
London
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2014 Long Term Incentive Plan - Vesting of cycle 12B award and realisation of shares for value
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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.
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Immediately on vesting of the above award, Chris Hopper realised value in respect of all of the vested Shares at a price of ÂŁ3.80.
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Following the above notification, Chris Hopper does not hold any Shares in the Company.
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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).
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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) | 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 | 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) |
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d) | Aggregated information - Aggregated volume - Price | Â 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") | ||||
Identification code | GB0007370074 | |||||
b) | Nature of the transaction | Shares realised for value | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price | Â Not applicable | ||||
e) | Date of the transaction | 2022-04-11 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
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