Director's Dealing • Oct 12, 2016
Director's Dealing
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RNS Number : 3946M
Ricardo PLC
12 October 2016
Ricardo PLC
Director / PDMR Shareholdings
12 October 2016
London
Purchase of Partnership Shares under the Ricardo PLC Share Incentive Plan (the "SIP")
Ricardo PLC (the "Company") announces that on 11 October 2016 it received notification from the trustee (the "Trustee") of the Company's SIP that on 10 October 2016 it purchased an aggregate of 33 ordinary shares of 25 pence each in the Company ("Shares") in the market at a price of £10.275 per Share on behalf of the following Persons Discharging Managerial Responsibilities:
| Name | No. of Shares purchased on 10 October 2016 |
| Chris Amsden | 12 |
| Mark Barge | 12 |
| Mark Stoddart | 9 |
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 holding of Shares of the relevant PDMRs are set out below:
| Name | Total holding following this notification | Approximate % of Company's issued share capital |
| Chris Amsden | 412 | 0.001% |
| Mark Barge | 924 | 0.002% |
| Mark Stoddart | 249 | 0.001% |
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 (the "Participant")
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
Purchase of Shares by Capita IRG 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) |
| £10.275 | 12 |
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
2016-10-10
f)
Place of the transaction
London Stock Exchange
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Mark Barge (the "Participant")
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
Purchase of Shares by Capita IRG 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) |
| £10.275 | 12 |
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
2016-10-10
f)
Place of the transaction
London Stock Exchange
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Mark Stoddart (the "Participant")
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
Purchase of Shares by Capita IRG 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) |
| £10.275 | 9 |
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
2016-10-10
f)
Place of the transaction
London Stock Exchange
This information is provided by RNS
The company news service from the London Stock Exchange
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