RICARDO PLC

Major Shareholding Notification • Jan 3, 2025

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author: Robert Thurley
date: 2025-01-03 11:20:00+00:00

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TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB0007370074

Issuer Name

RICARDO PLC

UK or Non-UK Issuer

UK

1. Reason for Notification

Other

Comments

CHANGE IN NATURE : RETURN OF LOANED OUT SHARES

1. Details of person subject to the notification obligation

Name

Aviva PLC

City of registered office (if applicable)

London

Country of registered office (if applicable)

United Kingdom

1. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

1. Date on which the threshold was crossed or reached

27-Dec-2024

1. Date on which Issuer notified

30-Dec-2024

1. Total positions of person(s) subject to the notification obligation

2. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

1. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

3. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

1. Additional Information

This notification is prompted by a <3% to 3% change at Direct Interest Level (Box 8A).

1. Date of Completion

30-Dec-2024

1. Place Of Completion

Norwich, England

.	% of voting rights attached to shares (total of 8.A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)	Total of both in % (8.A + 8.B)	Total number of voting rights held in issuer
Resulting situation on the date on which threshold was crossed or reached	3.010000	0.510000	3.520000	2193415
Position of previous notification (if applicable)	2.980000	0.540000	3.520000

Class/Type of shares ISIN code(if possible)	Number of direct voting rights (DTR5.1)	Number of indirect voting rights (DTR5.2.1)	% of direct voting rights (DTR5.1)	% of indirect voting rights (DTR5.2.1)
GB0007370074	1874181		3.010000
Sub Total 8.A	1874181	1874181	3.010000%	3.010000%

Type of financial instrument	Expiration date	Exercise/conversion period	Number of voting rights that may be acquired if the instrument is exercised/converted	% of voting rights
RIGHT TO RECALL LOAN SHARES	N/A	N/A	319234	0.510000
Sub Total 8.B1			319234	0.510000%

Type of financial instrument	Expiration date	Exercise/conversion period	Physical or cash settlement	Number of voting rights	% of voting rights
Sub Total 8.B2

Ultimate controlling person	Name of controlled undertaking	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
Aviva plc		3.010000		3.520000%
Aviva plc	Aviva Group Holdings Limited	3.010000		3.520000%
Aviva plc	Aviva Investors Holdings Limited	3.010000		3.520000%
Aviva plc	Aviva Investors Global Services Limited	3.010000		3.520000%