10 Oct 2016 13:07
Ricardo PLC
Director / PDMR Shareholdings
10 October 2016
London
Purchase of shares
Ricardo PLC (the "Company") announces that on 7 October 2016 it received notification that on 7 October 2016 Mark Barge, a Person Discharging Managerial Responsibility, sold 2,045 ordinary shares of 25 pence each in the Company ("Shares") at a price of £10.01 per Share.
Following the above transaction, the total beneficial holding of Shares of Mark Barge is 2,064 Shares, representing approximately 0.004% of the Company's issued ordinary share capital.
The following notification is 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 | Mark Barge | ||||
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 | Sale of Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Not applicable | ||||
e) | Date of the transaction | 2016-10-07 | ||||
f) | Place of the transaction | London Stock Exchange | ||||
Ricardo (RCDO)