RICARDO PLC

Director's Dealing • Mar 12, 2024

National Storage Mechanism | Additional information

RNS Number : 5897G

Ricardo PLC

12 March 2024

Ricardo PLC

Director / PDMR Shareholdings

12 March 2024

London

1.   Purchase of Partnership Shares under the Ricardo PLC Share Incentive Plan

Ricardo PLC (the "Company") announces that on 12 March 2024, it received notification from the trustee (the "Trustee") of the Company's SIP that on 11 March 2024, it purchased an aggregate of 103 shares of 25 pence each in the Company ("Shares") in the market at a price of £4.370484 per Share on behalf of the following Persons Discharging Managerial Responsibilities ("PDMRs"):

Name	No. of Shares purchased on 11 March 2024
Judith Cottrell	34
Rachel Stringer	34
Mary Moore	35

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

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
Judith Cottrell	16,562(1)	0.027%
Rachel Stringer	743	0.001%
Mary Moore	2,783	0.004%

(1)         Includes 129 shares purchased via the SIP between November 2023 and February 2024 (inclusive) which had not been accounted for in the total number of shares held by Judith in the announcement released on 7 March 2024.

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

Judith Cottrell (the "Participant")

2

Reason for the notification

a)

Position/status

PDMR: Chief Financial Officer

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 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)

Price(s)	Volume(s)
£4.370484	34

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2024-03-11

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Rachel Stringer (the "Participant")

2

Reason for the notification

a)

Position/status

PDMR: Global President - Clean Energy and Environmental Solutions

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 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)

Price(s)	Volume(s)
£4.370484	34

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2024-03-11

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Mary Moore (the "Participant")

2

Reason for the notification

a)

Position/status

PDMR: Group People, Team and Organisation Director

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 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)

Price(s)	Volume(s)
£4.370484	35

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2024-03-11

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

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