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Ricardo PLC (RCDO.L)

RCDO.L on London Stock Exchange

24 Mar 2017
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1.50 (+0.18%)
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Latest Key Developments (Source: Significant Developments)

Ricardo Plc increases interim dividend
Friday, 26 Feb 2016 02:00am EST 

Ricardo Plc:Declares increased interim dividend of 5.07p per share (31 December 2014: 4.65p) reflecting the Board's confidence in the prospects of the Group.Says the dividend will be paid on 7 April 2016 to shareholders on the register at the close of business on 18 March 2016.  Full Article

Ricardo plc acquires cascade consulting
Wednesday, 19 Aug 2015 02:00am EDT 

Ricardo plc:Says that it has acquired Cascade Consulting Holdings Ltd an environmental consultancy specialising in the UK water sector.Says the acquisition follows the collaboration with Cascade Consulting that began in Feb. 2015.  Full Article

Ricardo plc acquires Lloyd's Register Rail
Wednesday, 1 Jul 2015 10:25am EDT 

Ricardo plc:Says further to the statement on April 17, the transfer of Lloyd's Register Rail (LR Rail) from Lloyd's Register Group Limited to Ricardo is materially complete, for a consideration of 42.5 mln pounds, subject to any adjustments for working capital.Says as expected, Ricardo is waiting for the approval from the Chinese Government for the acquisition of the small rail joint venture part owned by Lloyd's Register Group in China.Says this process is expected to take a further three months.Board of Ricardo plc is therefore pleased to confirm today the launch of Ricardo Rail.In accordance with the announcement on April 17, the business will combine LR Rail with Ricardo's existing rail industry expertise and will operate as the core of a new international rail business within Ricardo plc.  Full Article

Ricardo to acquire Lloyd's Register Rail
Friday, 17 Apr 2015 03:05am EDT 

Ricardo PLC:Signs share and asset purchase agreement to acquire the business, operating assets and employees engaged in the businesses of Lloyd's Register Rail (LR Rail), from Lloyd's Register Group Limited (LR Group).Says for a total cash consideration of 42.5 million Pounds.LR Rail will transfer to Ricardo for a total consideration of 42.5 mln Pounds on a cash-free and debt-free basis, payable in cash at completion; transfer is expected to be materially completed on or before July 1.On completion, Ricardo Rail will be launched to combine LR Rail with Ricardo's existing rail industry expertise.  Full Article

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