RICARDO PLC

Director's Dealing • Oct 24, 2016

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 3213N

Ricardo PLC

24 October 2016

Ricardo PLC

Director / PDMR Shareholdings

21 October 2016

London

1.         2011 Deferred Bonus Plan - Awards granted in 2015 with a 1 year deferral period

The Company announces that on 19 October 2016, a total of 5,953 Shares vested in favour of Persons Discharging Managerial Responsibilities ("PDMRs") under the terms of the Company's 2011 Deferred Bonus Plan. These awards (which included dividend entitlements) were granted on 19 October 2015. They vested following the end of a one year Deferral Period and were not subject to performance conditions. Further details of this vesting are provided below.

Name	Role	No. of Shares that vested on 19 October 2016
Chris Amsden	PDMR	686
Mark Barge	PDMR	1,886
Paul Rivera	PDMR	532
Mark Stoddart	PDMR	281
Gary Tan	PDMR	2,568

Following the vesting, the PDMRs sold the Shares set out below on 21 October 2016 at a price of £9.35:

Name	Role	No. of Shares sold on 21 October 2016
Chris Amsden	PDMR	338
Mark Barge	PDMR	928
Paul Rivera	PDMR	532
Mark Stoddart	PDMR	139
Gary Tan	PDMR	2,568

2.         Net current total holdings of Shares

Following the above notifications, the total holdings of Shares of the relevant PDMRs are as follows:

Name	Role	Total holding following this notification	Approximate % of Company's issued share capital
Chris Amsden	PDMR	760	0.001%
Mark Barge	PDMR	1,882	0.004%
Paul Rivera	PDMR	9,382	0.018%
Mark Stoddart	PDMR	391	0.001%
Gary Tan	PDMR	0	0.000%

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

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

Acquisition of Shares following the vesting of an award granted on 19 October 2015 pursuant to the terms of the Ricardo plc 2011 Deferred Bonus Plan.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£0	686

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2016-10-19

f)

Place of the transaction

London Stock Exchange

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

Sale of Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£9.35	338

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2016-10-21

f)

Place of the transaction

London Stock Exchange

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Mark Barge

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

Acquisition of Shares following the vesting of an award granted on 19 October 2015 pursuant to the terms of the Ricardo plc 2011 Deferred Bonus Plan.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£0	1,886

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2016-10-19

f)

Place of the transaction

London Stock Exchange

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

Sale of Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£9.35	928

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2016-10-21

f)

Place of the transaction

London Stock Exchange

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Paul Rivera

2

Reason for the notification

a)

Position/status

PDMR: President, Ricardo Inc.

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

Acquisition of Shares following the vesting of an award granted on 19 October 2015 pursuant to the terms of the Ricardo plc 2011 Deferred Bonus Plan.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£0	532

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2016-10-19

f)

Place of the transaction

London Stock Exchange

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

Sale of Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£9.35	532

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2016-10-21

f)

Place of the transaction

London Stock Exchange

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Mark Stoddart

2

Reason for the notification

a)

Position/status

PDMR: Finance Director - Ricardo Europe Technical Centre

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

Acquisition of Shares following the vesting of an award granted on 19 October 2015 pursuant to the terms of the Ricardo plc 2011 Deferred Bonus Plan.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£0	281

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2016-10-19

f)

Place of the transaction

London Stock Exchange

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

Sale of Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£9.35	139

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2016-10-21

f)

Place of the transaction

London Stock Exchange

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Gary Tan

2

Reason for the notification

a)

Position/status

PDMR: Managing Director - Ricardo Asia

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

Acquisition of Shares following the vesting of an award granted on 19 October 2015 pursuant to the terms of the Ricardo plc 2011 Deferred Bonus Plan.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£0	2,568

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2016-10-19

f)

Place of the transaction

London Stock Exchange

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

Sale of Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£9.35	2,568

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2016-10-21

f)

Place of the transaction

London Stock Exchange

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHZMMZGDDKGVZM