Director/PDMR Shareholding

RNS Number : 2030P

Ricardo PLC

15 November 2016

 

Ricardo PLC

Director / PDMR Shareholdings

15 November 2016

London

Award of Dividend Shares under the Ricardo PLC Share Incentive Plan (the "SIP")

Ricardo PLC (the "Company") announces that on 14 November 2016 it received notification from the trustee (the "Trustee") of the Company's SIP that on 11 November 2016 it awarded an aggregate of 19 ordinary shares of 25 pence each in the Company ("Shares") at a price of £9.325 per Share to the following Persons Discharging Managerial Responsibilities ("PDMRs"):

Name	No. of Shares awarded on 11 November 2016
Chris Amsden	6
Mark Barge	13

These awards related to the "Dividend Share" element of the SIP and reflect the automatic reinvestment in further Shares of dividends received in respect of the relevant individuals' SIP shareholdings.

Following the above transactions, the total beneficial holdings 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	780	0.001%
Mark Barge	5,234	0.010%

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	Award to the Participant of dividend reinvestment Shares by Capita IRG Trustees Limited, the trustee of the Ricardo plc Share Incentive Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £9.325 6
d)	Aggregated information -   Aggregated volume -   Price	Not applicable
e)	Date of the transaction	2016-11-11
f)	Place of the transaction	London Stock Exchange

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	Award to the Participant of dividend reinvestment Shares by Capita IRG Trustees Limited, the trustee of the Ricardo plc Share Incentive Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) £9.325 13
d)	Aggregated information -   Aggregated volume -   Price	Not applicable
e)	Date of the transaction	2016-11-11
f)	Place of the transaction	London Stock Exchange

 

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