Source - LSE Regulatory
RNS Number : 4216V
Ricardo PLC
13 December 2021
 

Ricardo PLC

 

Director / PDMR Shareholdings

 

13 December 2021

London

 

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

 

Ricardo PLC (the "Company") announces that on 10 December 2021 it received notification from the trustee (the "Trustee") of the Company's SIP that on 9 December 2021 it transferred an  aggregate of 80 ordinary shares of 25 pence each in the Company ("Shares") held in the trust at a price of £4.45 per Share to the following Persons Discharging Managerial Responsibilities:

 

Name

No. of Shares purchased on 9 December 2021

Chris Amsden

34

Tim Curtis

34

Martin Starkey

12

 

These transfers related to the "Partnership Share" element of the SIP and were made using deductions from the relevant individuals' gross salaries.

 

Following the above transfers, 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

Chris Amsden

4,442

0.007%

Tim Curtis

1,160

0.002%

Martin Starkey

556

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

Chris Amsden (the "Participant")

2

Reason for the notification

a)

Position/status

PDMR: Finance 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

Transfer of existing unallocated Shares held by Link Market Services Trustees Limited, the trustee of the Ricardo plc Share Incentive Plan (the "SIP"), to 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)

£4.45

34

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2021-12-09

f)

Place of the transaction

Outside a trading venue

 

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

Transfer of existing unallocated Shares held by Link Market Services Trustees Limited, the trustee of the Ricardo plc Share Incentive Plan (the "SIP"), to 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)

£4.45

34

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2021-12-09

f)

Place of the transaction

Outside a trading venue

 

 

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

Transfer of existing unallocated Shares held by Link Market Services Trustees Limited, the trustee of the Ricardo plc Share Incentive Plan (the "SIP"), to 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)

£4.45

12

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2021-12-09

f)

Place of the transaction

Outside a trading venue

 

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