Source - RNS
RNS Number : 6752J
Ricardo PLC
13 September 2016
 

Ricardo PLC

 

Director / PDMR Shareholdings

 

13 September 2016

London

 

Purchase of Partnership Shares under the Ricardo PLC Share Incentive Plan (the "SIP")

 

Ricardo PLC (the "Company") announces that on 12 September 2016 it received notification from the trustee (the "Trustee") of the Company's SIP that on 9 September 2016 it purchased 16 ordinary shares of 25 pence each in the Company ("Shares") in the market at a price of £8.1235 per Share on behalf of Mark Barge, a Person Discharging Managerial Responsibilities. This purchase related to the "Partnership Share" element of the SIP and was made using deductions from Mr Barge's gross salary.

 

Following the above transaction, the total beneficial holding of Shares of Mark Barge is 4,109 Shares, representing approximately 0.008% 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 (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 Capita IRG 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)

Price(s)

Volume(s)

£8.1235

16

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2016-09-09

f)

Place of the transaction

London Stock Exchange

 

 


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