Last checked at 15 May 2023 08:37
Ricardo PLC
Director / PDMR Shareholdings
12 May 2023
London
Purchase of Partnership Shares under the Ricardo PLC Share Incentive Plan (the "SIP")
Ricardo PLC (the "Company") announces that on 10 May 2023 it received notification from the trustee (the "Trustee") of the Company's SIP that on 9 May 2023 it purchased an aggregate of 26 ordinary shares of 25 pence each in the Company ("Shares") in the market at a price of £5.74 per Share on behalf the following Persons Discharging Managerial Responsibilities:
Name | No. of Shares purchased 9 May 2023 |
Martin Starkey | 9 |
Rachel Stringer | 17 |
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 |
Martin Starkey | 769[1] | 0.001% |
Rachel Stringer | 500 | 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 | 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 | 2023-05-09 | ||||
f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Rachel Stringer (the "Participant") | ||||
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 | 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 | 2023-05-09 | ||||
f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
[1] As a result of a reconciliation exercise with the SIP trustee, the total shares held by Martin Starkey has been adjusted to reflect a single additional SIP dividend reinvestment share awarded to him in 2021.