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RICARDO PLC

Director's Dealing Nov 15, 2021

4638_dirs_2021-11-15_fd62874a-be70-46ca-98a1-97a97167d1b2.html

Director's Dealing

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National Storage Mechanism | Additional information

RNS Number : 3821S

Ricardo PLC

15 November 2021

Ricardo PLC

Director / PDMR Shareholdings

15 November 2021

London

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

Ricardo PLC (the "Company") announces that on 10 November 2021 it received notification from the trustee (the "Trustee") of the Company's SIP that on 9 November 2021 it transferred an  aggregate of 82 ordinary shares of 25 pence each in the Company ("Shares") held in the trust at a price of £4.24 per Share to the following Persons Discharging Managerial Responsibilities:

Name No. of Shares purchased on 9 November 2021
Chris Amsden 36
Tim Curtis 35
Martin Starkey 11

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 4,386 0.007%
Tim Curtis 1,114 0.002%
Martin Starkey 538 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)
£4.24 36

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2021-11-09

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)
£4.24 35

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2021-11-09

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)
£4.24 11

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2021-11-09

f)

Place of the transaction

Outside a trading venue

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

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