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Barclays PLC filed a Form 8.3 disclosure on October 3, 2025, detailing its interests and dealings in RICARDO PLC's 25p ordinary shares, based on activity on October 2, 2025. Following these dealings, Barclays PLC holds total interests of 1,339,480 ordinary shares (2.15%) and total short positions of 1,339,480 ordinary shares (2.15%) in RICARDO PLC. On October 2, 2025, Barclays PLC purchased 9,219 ordinary shares and sold 27,929 ordinary shares of RICARDO PLC, alongside various cash-settled derivative transactions.
| Date | 3 Oct 2025 |
| Time | 15:07:30 |
| Category | Holding(s) in company |
| ID | 0614C |
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FORM 8.3 |
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY |
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A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR |
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MORE |
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Rule 8.3 of the Takeover Code (the "Code") |
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1. |
KEY INFORMATION |
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(a) |
Full name of discloser: |
Barclays PLC. |
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(b) |
Owner or controller of interest and short |
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(c) |
Name of offeror/offeree in relation to whose |
RICARDO PLC |
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(d) |
If an exempt fund manager connected with an |
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(e) |
Date position held/dealing undertaken: |
02 Oct 2025 |
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(f) |
In addition to the company in 1(c) above, is the discloser making |
NO |
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2. |
POSITIONS OF THE PERSON MAKING THE DISCLOSURE |
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(a) |
Interests and short positions in the relevant securities of the offeror or offeree |
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Class of relevant security: |
25p ordinary |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) Relevant securities owned and/or controlled: |
1,256,013 |
2.02% |
83,467 |
0.13% |
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(2) Cash-settled derivatives: |
83,467 |
0.13% |
1,256,013 |
2.02% |
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(3) Stock-settled derivatives (including options) and agreements to purchase/sell: |
0 |
0.00% |
0 |
0.00% |
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1,339,480 |
2.15% |
1,339,480 |
2.15% |
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(b) |
Rights to subscribe for new securities (including directors and |
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Class of relevant security in relation to |
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Details, including nature of the rights |
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3. |
DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE |
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(a) |
Purchase and sales |
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Class of relevant |
Purchase/sale |
Number of |
Price per unit |
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25p ordinary |
Purchase |
6,773 |
4.2900 GBP |
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25p ordinary |
Purchase |
2,446 |
4.2904 GBP |
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25p ordinary |
Sale |
22,000 |
4.2978 GBP |
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25p ordinary |
Sale |
5,495 |
4.2900 GBP |
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25p ordinary |
Sale |
434 |
4.2909 GBP |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product description |
Nature of dealing |
Number of |
Price per |
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25p ordinary |
SWAP |
Decreasing Short |
22,000 |
4.2978 GBP |
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25p ordinary |
SWAP |
Increasing Short |
664 |
4.2900 GBP |
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25p ordinary |
SWAP |
Increasing Short |
2,446 |
4.2904 GBP |
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25p ordinary |
CFD |
Increasing Short |
180 |
4.2900 GBP |
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(c) |
Stock-settled derivative transactions |
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(i) |
Writing, selling, purchasing or varying |
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Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
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(ii) |
Exercise |
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Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
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(d) |
Other dealings (including subscribing for |
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Class of relevant |
Nature of Dealings |
Details |
Price per unit (if |
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4. |
OTHER INFORMATION |
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(a) |
Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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NONE |
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(b) |
Agreements, arrangements or understandings relating to options or |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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NONE |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
NO |
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Date of disclosure: |
03 Oct 2025 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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