23 Jan 2018 10:09
Ricardo PLC
Director / PDMR Shareholdings
23 January 2018
London
Purchase of Partnership Shares under the Ricardo PLC Share Incentive Plan (the "SIP")
Ricardo PLC (the "Company") announces that on 19 January 2018 it received notification from the trustee (the "Trustee") of the Company's SIP that on 9 January 2018 it awarded an aggregate of 5 ordinary shares of 25 pence each in the Company ("Shares") at a price of £9.1792 per Share to the following Person Discharging Managerial Responsibilities:
Name | No. of Shares awarded on 9 January 2018 |
Tim Curtis | 5 |
This award related to the "Partnership Share" element of the SIP and was made using deductions from the relevant individual's gross salary.
Following the above transaction, the total beneficial holding of Shares of the relevant PDMR is set out below:
Name | Total holding following this notification | Approximate % of Company's issued share capital |
Tim Curtis | 16 | 0.00003% |
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 | 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 | Award 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 | 2018-01-09 | ||||
f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
Ricardo (RCDO)