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21 Dec 2022 12:44
Ricardo PLC
Director / PDMR Shareholdings
13 December 2022
London
Purchase of Partnership Shares under the Ricardo PLC Share Incentive Plan (the "SIP")
Ricardo PLC (the "Company") announces that on 12 December 2022 it received notification from the trustee (the "Trustee") of the Company's SIP that on 9 December 2022 it purchased an aggregate of 43 ordinary shares of 25 pence each in the Company ("Shares") in the market at a price of £4.75 per Share on behalf the following Persons Discharging Managerial Responsibilities:
Name | No. of Shares purchased 9 December 2022 |
Tim Curtis | 32 |
Martin Starkey | 11 |
These purchases related to the "Partnership Share" element of the SIP and were made using deductions from the relevant individuals' gross salaries.
Following the above purchases, the total beneficial holding of Shares of the relevant PDMRs are set out below:
Name | Total holding following this notification | Approximate % of Company's issued share capital |
Tim Curtis | 1,636 | 0.003% |
Martin Starkey | 719 | 0.001% |
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 | Tim Curtis (the "Participant") | ||||
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 | Purchase of Shares by Link Market Services 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) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Not applicable | ||||
e) | Date of the transaction | 2022-12-09 | ||||
f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Martin Starkey (the "Participant") | ||||
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 | Purchase of Shares by Link Market Services 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) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Not applicable | ||||
e) | Date of the transaction | 2022-12-09 | ||||
f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
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