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4 April 2025
Science Group plc
(the "Group" or "Science Group")
Increased Shareholding in Ricardo plc
Science Group has further increased its shareholding in Ricardo plc ("Ricardo") to 11,875,242 shares, equivalent to approximately 19.09% of the voting rights. The average cost (including fees) is 235 pence per share. Science Group may or may not increase its shareholding in Ricardo.
Science Group is the second largest shareholder in Ricardo. Science Group's position has been set out in the following announcements:
· 17 March 2025: www.sciencegroup.com/news-detail/response-to-ricardo-plc-17-03-25
· 31 March 2025: www.sciencegroup.com/news-detail/update-on-ricardo-plc
Science Group notes that Ricardo has not yet responded in a substantive manner to the corporate and operational matters raised in those announcements.
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Science Group plc announced on 4 April 2025 that it has further increased its shareholding in Ricardo plc. It now holds 11,875,242 shares, equivalent to approximately 19.09% of the voting rights, at an average cost of 235 pence per share, making it the second largest shareholder. Science Group noted that Ricardo has not yet substantively responded to corporate and operational matters raised in prior announcements.
| Date | 4 Apr 2025 |
| Time | 07:00:05 |
| Category | Miscellaneous |
| ID | 6254D |