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Ricardo PLC announced on 10 July 2025 that its Share Incentive Plan trustee, MUFG Corporate Markets Trustees (UK) Limited, purchased an aggregate of 152 ordinary shares on 9 July 2025. These shares were acquired in the market at £4.29 per share on behalf of five Persons Discharging Managerial Responsibilities (PDMRs) under the Partnership Share element of the SIP. Following these transactions, the PDMRs' beneficial holdings now range from 445 shares (0.001% of issued share capital) to 27,042 shares (0.043% of issued share capital).
| Date | 16 Jul 2025 |
| Time | 10:57:53 |
| Category | Director/PDMR dealings |
| ID | 3222R |
Ricardo PLC
Director / PDMR Shareholdings
16 July 2025
London
1. Purchase of Partnership Shares under the Ricardo PLC Share Incentive Plan
Ricardo PLC (the "Company") announces that on 10 July 2025, it received notification from the trustee (the "Trustee") of the Company's SIP that on 9 July 2025, it purchased an aggregate of 152 shares of 25 pence each in the Company ("Shares") in the market at a price of £4.29 per Share on behalf of the following Persons Discharging Managerial Responsibilities ("PDMRs"):
|
Name |
No. of Shares purchased on 9 July 2025 |
|
Judith Cottrell |
35 |
|
Rachel Stringer |
35 |
|
Harpreet Sagoo |
35 |
|
Diane Christensen |
35 |
|
Natasha Perfect |
12 |
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 holdings of Shares of the relevant PDMRs are set out below:
|
Name |
Total holding following this notification |
Approximate % of Company's issued share capital |
|
Judith Cottrell |
27,042 |
0.043% |
|
Rachel Stringer |
2,529 |
0.004% |
|
Harpreet Sagoo |
445 |
0.001% |
|
Diane Christensen |
445 |
0.001% |
|
Natasha Perfect |
4,167 |
0.007% |
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 |
Judith Cottrell (the "Participant") |
||||
|
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 |
Purchase of Shares by MUFG Corporate Markets Trustees (UK) 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) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
Not applicable |
||||
|
e) |
Date of the transaction |
2025-07-09 |
||||
|
f) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Rachel Stringer (the "Participant") |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
PDMR: Global President - Clean Energy and Environmental Solutions |
||||
|
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 MUFG Corporate Markets Trustees (UK) 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) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
Not applicable |
||||
|
e) |
Date of the transaction |
2025-07-09 |
||||
|
f) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Harpreet Sagoo (the "Participant") |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
PDMR: General Counsel and Company Secretary |
||||
|
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 MUFG Corporate Markets Trustees (UK) 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) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
Not applicable |
||||
|
e) |
Date of the transaction |
2025-07-09 |
||||
|
f) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Diane Christensen (the "Participant") |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
PDMR: Group People, Team and Organisation 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 |
Purchase of Shares by MUFG Corporate Markets Trustees (UK) 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) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
Not applicable |
||||
|
e) |
Date of the transaction |
2025-07-09 |
||||
|
f) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Natasha Perfect (the "Participant") |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
PDMR: Group Marketing and Communications 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 |
Purchase of Shares by MUFG Corporate Markets Trustees (UK) 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) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
Not applicable |
||||
|
e) |
Date of the transaction |
2025-07-09 |
||||
|
f) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
||||