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RICARDO PLC

Director's Dealing Nov 8, 2017

4638_dirs_2017-11-08_0682ea6c-e892-4092-9597-883deefb5027.html

Director's Dealing

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RNS Number : 9368V

Ricardo PLC

08 November 2017

Ricardo PLC

Director / PDMR Shareholdings

8 November 2017

London

1.         2014 Long Term Incentive Plan - grant of plan cycle 11

Ricardo PLC (the "Company") announces that, on 8 November 2017, conditional awards over a total of 166,486 shares of 25 pence each in the Company ("Shares") were granted to Executive Directors and other Persons Discharging Managerial Responsibility ("PDMRs") as set out below under the terms of the Company's 2014 Long Term Incentive Plan (the "LTIP").  These awards vest after three years and are subject to TSR and EPS performance conditions.

Name Role No. of Shares over which awards granted
Dave Shemmans Executive Director 57,927
Ian Gibson Executive Director 20,510
Mark Garrett Executive Director 17,899
Paul Seller PDMR 5,696
Gareth Taylor PDMR 2,833
Tim Curtis PDMR 5,530
Ian Rogerson PDMR 3,216
Mark Barge PDMR 5,944
Chris Amsden PDMR 3,132
Chet Gryczan PDMR 3,581
Brian Smith PDMR 2,154
Gary Tan PDMR 8,354
Paul Rivera PDMR 8,018
David Wisnieski PDMR 4,263
Rory Fisher PDMR 6,867
James Mills PDMR 3,334
James Passemard PDMR 7,228

2.         Current total holdings of awards/options over shares

Following the above notification, the total number of Shares over which the relevant Executive Directors and other PDMRs hold outstanding awards / options is set out below:

Name Role Total holding following this notification Approximate % of Company's issued share capital
Dave Shemmans Executive Director 233,767 0.438%
Ian Gibson Executive Director 94,208 0.176%
Mark Garrett Executive Director 81,365 0.152%
Paul Seller PDMR 17,207 0.032%
Gareth Taylor PDMR 6,405 0.012%
Tim Curtis PDMR 15,125 0.028%
Ian Rogerson PDMR 7,485 0.014%
Mark Barge PDMR 16,454 0.031%
Chris Amsden PDMR 7,167 0.013%
Chet Gryczan PDMR 6,576 0.012%
Brian Smith PDMR 2,154 0.004%
Gary Tan PDMR 23,226 0.043%
Paul Rivera PDMR 17,796 0.033%
David Wisnieski PDMR 4,263 0.008%
Rory Fisher PDMR 6,867 0.013%
James Mills PDMR 7,230 0.014%
James Passemard PDMR 7,228 0.014%

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

Dave Shemmans

2

Reason for the notification

a)

Position/status

PDMR: Chief Executive 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

Conditional award of shares pursuant to the rules of the Ricardo plc 2014 Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil 57,927

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2017-11-08

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Ian Gibson

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

Conditional award of shares pursuant to the rules of the Ricardo plc 2014 Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil 20,510

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2017-11-08

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Mark Garrett

2

Reason for the notification

a)

Position/status

PDMR: Chief Operating 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

Conditional award of shares pursuant to the rules of the Ricardo plc 2014 Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil 17,899

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2017-11-08

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Paul Seller

2

Reason for the notification

a)

Position/status

PDMR: Managing Director - Ricardo Rail

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

Conditional award of shares pursuant to the rules of the Ricardo plc 2014 Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil 5,696

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2017-11-08

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Gareth Taylor

2

Reason for the notification

a)

Position/status

PDMR: Finance Director - Transportation

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

Conditional award of shares pursuant to the rules of the Ricardo plc 2014 Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil 2,833

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2017-11-08

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Tim Curtis

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

Conditional award of shares pursuant to the rules of the Ricardo plc 2014 Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil 5,530

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2017-11-08

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Ian Rogerson

2

Reason for the notification

a)

Position/status

PDMR: Finance 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

Conditional award of shares pursuant to the rules of the Ricardo plc 2014 Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil 3,216

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2017-11-08

f)

Place of the transaction

Outside a trading venue

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

Conditional award of shares pursuant to the rules of the Ricardo plc 2014 Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil 5,944

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2017-11-08

f)

Place of the transaction

Outside a trading venue

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

Conditional award of shares pursuant to the rules of the Ricardo plc 2014 Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil 3,132

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2017-11-08

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Chet Gryczan

2

Reason for the notification

a)

Position/status

PDMR: President, Ricardo Defence Systems

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

Conditional award of shares pursuant to the rules of the Ricardo plc 2014 Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil 3,581

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2017-11-08

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Brian Smith

2

Reason for the notification

a)

Position/status

PDMR: Finance Director - Ricardo Defence Systems

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

Conditional award of shares pursuant to the rules of the Ricardo plc 2014 Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil 2,154

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2017-11-08

f)

Place of the transaction

Outside a trading venue

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 - 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

Conditional award of shares pursuant to the rules of the Ricardo plc 2014 Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil 8,354

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2017-11-08

f)

Place of the transaction

Outside a trading venue

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 US

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

Conditional award of shares pursuant to the rules of the Ricardo plc 2014 Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil 8,018

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2017-11-08

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

David Wisnieski

2

Reason for the notification

a)

Position/status

PDMR: VP Finance - Ricardo US

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

Conditional award of shares pursuant to the rules of the Ricardo plc 2014 Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil 4,263

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2017-11-08

f)

Place of the transaction

Outside a trading venue

a)

Name

Rory Fisher

2

Reason for the notification

a)

Position/status

PDMR: Managing Director - Ricardo Automotive  (EMEA)

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

Conditional award of shares pursuant to the rules of the Ricardo plc 2014 Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil 6,867

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2017-11-08

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

James Mills

2

Reason for the notification

a)

Position/status

PDMR: Finance Director - Ricardo Automotive (EMEA)

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

Conditional award of shares pursuant to the rules of the Ricardo plc 2014 Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil 3,334

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2017-11-08

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

James Passemard

2

Reason for the notification

a)

Position/status

PDMR: Global Managing Director - Ricardo Strategic Consulting

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

Conditional award of shares pursuant to the rules of the Ricardo plc 2014 Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil 7,228

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2017-11-08

f)

Place of the transaction

Outside a trading venue

This information is provided by RNS

The company news service from the London Stock Exchange

END

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