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Increased Shareholding in Ricardo plc

3rd Mar 2025 10:05

RNS Number : 0934Z
Science Group PLC
03 March 2025
 

 

3 March 2025

 

Science Group plc

(the "Group" or "Science Group")

 

Increased Shareholding in Ricardo plc

 

Further to the announcement on 28 February 2025, Science Group has increased its shareholding in Ricardo plc and now owns approx. 7.26 million shares in Ricardo, equivalent to 11.67% of the voting rights. Science Group may or may not increase its shareholding in Ricardo.

 

The strategic investment in Ricardo represents a substantial transaction under rule 12 of the AIM Rules for Companies ("AIM Rules") and the following disclosure is made in accordance with Schedule Four of the AIM Rules. Ricardo reported profit before tax for the year ended 30 June 2024 of £4.3 million and gross assets of £428.8 million.

 

 

 

- Ends -

For further information:

Science Group plc

Martyn Ratcliffe, Executive Chair

Tel: +44 (0) 1223 875 200

Jon Brett, Finance Director

www.sciencegroup.com  

Canaccord Genuity Limited (Nominated Adviser and Joint Broker)

Simon Bridges, Andrew Potts

Tel: +44 (0) 20 7523 8000

MHP

Reg Hoare

Tel: +44 (0) 7831 406117

 

 

 

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