Last checked at 25 Oct 2019 15:01
Ricardo PLC
Director / PDMR Shareholdings
25 October 2019
London
Ricardo PLC
Director / PDMR Shareholdings
1. 2014 Long Term Incentive Plan - grant of plan cycle 13
Ricardo PLC (the "Company") announces that, on 24 October 2019, conditional awards over a total of 307,534 shares of 25 pence each in the Company ("Shares") were granted to Executive Directors and other Persons Discharging Managerial Responsibility ("PDMRs") as set out below under the terms of the Company's 2014 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 over which awards granted |
Dave Shemmans | Executive Director | 82,590 |
Ian Gibson | Executive Director | 29,526 |
Mark Garrett | Executive Director | 25,396 |
Paul Seller | PDMR | 16,035 |
Gareth Taylor | PDMR | 6,048 |
Tim Curtis | PDMR | 14,039 |
Ian Rogerson | PDMR | 6,638 |
Martin Starkey | PDMR | 13,069 |
Chris Amsden | PDMR | 6,696 |
Chester Gryczan | PDMR | 16,054 |
Brian Smith | PDMR | 7,726 |
Gary Tan | PDMR | 20,309 |
Stephen Dyke | PDMR | 16,035 |
James Mills | PDMR | 7,336 |
James Passemard | PDMR | 17,177 |
Marques McCammon | PDMR | 22,860 |
2. 2014 Long Term Incentive Plan - grant of additional discretionary retention awards
The Company also announces that, on 24 October 2019, additional discretionary retention awards over a total of 28,147 Shares were granted to certain PDMRs under the terms of the LTIP. Subject to continuing employment, the retention awards vest after three years and are not subject to performance conditions.
Name | Role | No. of Shares over which awards granted |
Stephen Dyke | PDMR | 9,621 |
Marques McCammon | PDMR | 13,716 |
James Passemard | PDMR | 4,810 |
3. 2011 Deferred Bonus Plan - grant of deferred awards and matching awards
The Company also announces that, on 24 October 2019, conditional "deferred awards" over a total of 43,327 Shares were granted to Executive Directors and other PDMRs under the terms of the Company's 2011 Deferred Bonus Plan ("DBP"), as set out below. Subject to continuing employment, the awards granted to Executive Directors vest after three years and the awards granted to other PDMRs (with the exception of James Mills, Chris Amsden, Gareth Taylor, Ian Rogerson and Brian Smith, whose awards vest on the first anniversary of grant) vest in equal tranches on the first, second and third anniversaries of grant. These DBP deferred awards (which include dividend equivalent entitlements) are not subject to performance conditions.
Name | Role | No. of Shares over which awards granted |
Dave Shemmans | Executive Director | 12,969 |
Ian Gibson | Executive Director | 6,844 |
Mark Garrett | Executive Director | 4,963 |
Paul Seller | PDMR | 1,023 |
Gareth Taylor | PDMR | 124 |
Tim Curtis | PDMR | 3,298 |
Ian Rogerson | PDMR | 1,191 |
Chris Amsden | PDMR | 1,851 |
Chester Gryczan | PDMR | 3,429 |
Brian Smith | PDMR | 1,386 |
Gary Tan | PDMR | 1,799 |
James Mills | PDMR | 296 |
James Passemard | PDMR | 4,154 |
Finally, further conditional "bonus-linked share awards" over a total of 24,776 Shares were granted to Executive Directors under the terms of the DBP on the basis of one Share comprised in such a "bonus-linked share award" for each Share comprised in the corresponding deferred award (detailed above) granted to the individual on the same occasion. Details of these DBP bonus-linked share awards, which only include dividend equivalent entitlements in limited circumstances, but are subject to the same performance conditions that apply to the awards granted on 24 October 2019 under cycle 13 of the LTIP, are set out below:
Name | Role | No. of Shares over which awards granted |
Dave Shemmans | Executive Director | 12,969 |
Ian Gibson | Executive Director | 6,844 |
Mark Garrett | Executive Director | 4,963 |
4. Current total holdings of awards/options over shares
Following the above notification, the total number of 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 | Approximate % of Company's issued share capital |
Dave Shemmans | Executive Director | 357,267 | 0.6690% |
Ian Gibson | Executive Director | 145,035 | 0.2716% |
Mark Garrett | Executive Director | 117,885 | 0.2207% |
Paul Seller | PDMR | 38,266 | 0.0717% |
Gareth Taylor | PDMR | 15,136 | 0.0283% |
Tim Curtis | PDMR | 34,965 | 0.0655% |
Ian Rogerson | PDMR | 16,793 | 0.0314% |
Martin Starkey | PDMR | 13,069 | 0.0245% |
Chris Amsden | PDMR | 18,327 | 0.0343% |
Chester Gryczan | PDMR | 30,474 | 0.0571% |
Brian Smith | PDMR | 13,655 | 0.0256% |
Gary Tan | PDMR | 52,862 | 0.0990% |
Stephen Dyke | PDMR | 25,656 | 0.0480% |
James Mills | PDMR | 16,954 | 0.0317% |
James Passemard | PDMR | 42,366 | 0.0793% |
Marques McCammon | PDMR | 36,576 | 0.0685% |
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 | Dave Shemmans | ||||||||
2 | Reason for the notification | |||||||||
a) | Position/status | PDMR: Chief Executive Officer | ||||||||
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 awards of shares pursuant to the rules of the Ricardo plc 2014 Long Term Incentive Plan and the Ricardo plc 2011 Deferred Bonus Plan | ||||||||
c) | Price(s) and volume(s) |
| ||||||||
d) | Aggregated information - Aggregated volume - Price |
108,528£0 | ||||||||
e) | Date of the transaction | 2019-10-24 | ||||||||
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) | 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 awards of shares pursuant to the rules of the Ricardo plc 2014 Long Term Incentive Plan and the Ricardo plc 2011 Deferred Bonus Plan | ||||||||
c) | Price(s) and volume(s) |
| ||||||||
d) | Aggregated information - Aggregated volume - Price |
43,214£0 | ||||||||
e) | Date of the transaction | 2019-10-24 | ||||||||
f) | Place of the transaction | Outside a trading venue | ||||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||||||||
a) | Name | Mark Garrett | ||||||||||||
2 | Reason for the notification | |||||||||||||
a) | Position/status | PDMR: Chief Operating Officer | ||||||||||||
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 awards of shares pursuant to the rules of the Ricardo plc 2014 Long Term Incentive Plan and the Ricardo plc 2011 Deferred Bonus Plan | ||||||||||||
c) | Price(s) and volume(s) |
| ||||||||||||
d) | Aggregated information - Aggregated volume - Price |
35,322£0 | ||||||||||||
e) | Date of the transaction | 2019-10-24 | ||||||||||||
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) | 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 awards of shares pursuant to the rules of the Ricardo plc 2014 Long Term Incentive Plan and the Ricardo plc 2011 Deferred Bonus Plan | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price |
17,058£0 | ||||||
e) | Date of the transaction | 2019-10-24 | ||||||
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) | 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 awards of shares pursuant to the rules of the Ricardo plc 2014 Long Term Incentive Plan and the Ricardo plc 2011 Deferred Bonus Plan | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price |
6,172£0 | ||||||
e) | Date of the transaction | 2019-10-24 | ||||||
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) | 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 awards of shares pursuant to the rules of the Ricardo plc 2014 Long Term Incentive Plan and the Ricardo plc 2011 Deferred Bonus Plan | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price |
17,337£0 | ||||||
e) | Date of the transaction | 2019-10-24 | ||||||
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) | 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 awards of shares pursuant to the rules of the Ricardo plc 2014 Long Term Incentive Plan and the Ricardo plc 2011 Deferred Bonus Plan | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price |
7,829 £0 | ||||||
e) | Date of the transaction | 2019-10-24 | ||||||
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) | 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 2014 Long Term Incentive Plan. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
Not applicable | ||||
e) | Date of the transaction | 2019-10-24 | ||||
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) | 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 awards of shares pursuant to the rules of the Ricardo plc 2014 Long Term Incentive Plan and the Ricardo plc 2011 Deferred Bonus Plan | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price | 8,547 £0 | ||||||
e) | Date of the transaction | 2019-10-24 | ||||||
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) | 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 awards of shares pursuant to the rules of the Ricardo plc 2014 Long Term Incentive Plan and the Ricardo plc 2011 Deferred Bonus Plan | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price |
19,483 £0 | ||||||
e) | Date of the transaction | 2019-10-24 | ||||||
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) | 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 awards of shares pursuant to the rules of the Ricardo plc 2014 Long Term Incentive Plan and the Ricardo plc 2011 Deferred Bonus Plan. | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price |
9,112 £0 | ||||||
e) | Date of the transaction | 2019-10-24 | ||||||
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: Managing Director - Asia | ||||||
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 awards of shares pursuant to the rules of the Ricardo plc 2014 Long Term Incentive Plan and the Ricardo plc 2011 Deferred Bonus Plan | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price |
22,108£0 | ||||||
e) | Date of the transaction | 2019-10-24 | ||||||
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) | 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 awards of shares pursuant to the rules of the Ricardo plc 2014 Long Term Incentive Plan. | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price |
36,576 £0 | ||||||
e) | Date of the transaction | 2019-10-24 | ||||||
f) | Place of the transaction | Outside a trading venue | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | James Mills | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | PDMR: Finance Director - Ricardo Automotive (EMEA) | ||||||
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 awards of shares pursuant to the rules of the Ricardo plc 2014 Long Term Incentive Plan and the Ricardo plc 2011 Deferred Bonus Plan | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price |
7,632£0 | ||||||
e) | Date of the transaction | 2019-10-24 | ||||||
f) | Place of the transaction | Outside a trading venue | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||||
a) | Name | James Passemard | ||||||||
2 | Reason for the notification | |||||||||
a) | Position/status | PDMR: Global Managing Director - Ricardo Strategic Consulting | ||||||||
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 awards of shares pursuant to the rules of the Ricardo plc 2014 Long Term Incentive Plan and the Ricardo plc 2011 Deferred Bonus Plan | ||||||||
c) | Price(s) and volume(s) |
| ||||||||
d) | Aggregated information - Aggregated volume - Price |
26,141 £0 | ||||||||
e) | Date of the transaction | 2019-10-24 | ||||||||
f) | Place of the transaction | Outside a trading venue | ||||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Stephen Dyke | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | PDMR: Managing Director - EMEA Automotive | ||||||
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 awards of shares pursuant to the rules of the Ricardo plc 2014 Long Term Incentive Plan | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price |
25,656 £0 | ||||||
e) | Date of the transaction | 2019-10-24 | ||||||
f) | Place of the transaction | Outside a trading venue | ||||||