Tisdag 29 April | 09:58:49 Europe / Stockholm

2025-04-01 08:01:00

1 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 10,778,684 shares, equivalent to approximately 17.32% of the voting rights. The average cost (including fees) is 233 pence per share. Science Group may or may not increase its shareholding in Ricardo.

Science Group is the second largest shareholder in Ricardo, a British science and technology company with a brand heritage extending over 100 years.  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

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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

sciencegroup@mhpgroup.com