Ricardo PLC Announces Share Vesting for Chief Strategy Officer

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Ricardo PLC Announces Share Vesting for Chief Strategy Officer

Ricardo ( (GB:RCDO) ) just unveiled an update.

Ricardo PLC announced the vesting of 8,000 ordinary shares to Mike Bell, Chief Strategy and Digital Officer, under its 2020 Long Term Incentive Plan. This vesting, which was not subject to performance conditions, resulted in Bell realizing value from 3,760 shares at £2.48 each, increasing his total shareholding to 10,592 shares, representing 0.017% of the company’s issued share capital. This transaction aligns with the company’s obligations under the EU Market Abuse Regulation, potentially impacting the company’s governance transparency and shareholder value.

More about Ricardo

YTD Price Performance: -39.06%

Average Trading Volume: 720,011

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £158M

See more insights into RCDO stock on TipRanks’ Stock Analysis page.

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