RICARDO PLC

Major Shareholding Notification • Mar 19, 2025

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author: Cole, Sarah
date: 2025-03-19 09:24:00+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

An acquisition or disposal of voting rights

1. Details of person subject to the notification obligation

Name

Science Group plc

City of registered office (if applicable)

Cambridge

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

19-Mar-2025

1. Date on which Issuer notified

19-Mar-2025

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. Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.

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

2. Date of Completion

19-Mar-2025

1. Place Of Completion

United Kingdom

.	% 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	16.131134	0.000000	16.131134	10036514
Position of previous notification (if applicable)	15.186874	0.000000	15.186874

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	10036514		16.131134
Sub Total 8.A	10036514	10036514	16.131134%	16.131134%

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
Sub Total 8.B1

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