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RICARDO PLC
Remuneration Information • Mar 14, 2022
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Remuneration Information
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National Storage Mechanism | Additional information 
RNS Number : 7072E
Ricardo PLC
14 March 2022
Ricardo PLC
Director / PDMR Shareholdings
14 March 2022
London
1. 2020 Long Term Incentive Plan - grant of discretionary retention awards
Ricardo PLC (the "Company") announces that, on 14 March 2022, discretionary retention awards over a total of 24,223 shares of 25 pence each in the Company ("Shares") were granted to Persons Discharging Managerial Responsibility ("PDMRs") as set out below under the terms of the Company's 2020 Long Term Incentive Plan (the "LTIP"). These awards vest after three years and are not subject to any performance conditions.
| Name | Role | No. of Shares over which awards granted |
|---|---|---|
| Adrian Schaffer | PDMR | 5,000 |
| Mike Bell | PDMR | 8,000 |
| Marques McCammon | PDMR | 11,223 |
2. Current total holdings of awards/options over shares
Following the above notification, the total number of Shares over which the relevant PDMRs hold outstanding awards / options is set out below:
| Name | Role | Total holding following this notification (Shares) | Approximate % of Company's issued share capital |
| Adrian Schaffer | PDMR | 5,000 | 0.008% |
| Mike Bell | PDMR | 28,796 | 0.046% |
| Marques McCammon | PDMR | 115,800 | 0.186% |
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
Adrian Schaffer
2
Reason for the notification
a)
Position/status
PDMR: President, North America
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 2020 Long Term Incentive Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 5,000 |
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
2022-03-14
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Mike Bell
2
Reason for the notification
a)
Position/status
PDMR: Group Strategy and Transformation Director
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 2020 Long Term Incentive Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 8,000 |
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
2022-03-14
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Marques McCammon
2
Reason for the notification
a)
Position/status
PDMR: Managing Director, Automotive & Industrial
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 2020 Long Term Incentive Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 11,223 |
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
2022-03-14
f)
Place of the transaction
Outside a trading venue
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