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Science Group

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Shareholding in Ricardo plc
2025-03-11 09:29:07

11 March 2025

Science Group plc

(the "Group" or "Science Group")

Shareholding in Ricardo plc

Science Group has further increased its shareholding in Ricardo plc ("Ricardo") to 8,824,994  shares, equivalent to approximately 14.18% 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 at 31 December 2024 of £457.7 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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