WSP Global Confirms Compliance with Post-Acquisition Commitments for Ricardo

WSP Global Inc. (TSX:WSP), through its subsidiary WSP Group Limited, has formally confirmed its compliance with the post-offer commitments made during its acquisition of Ricardo Limited. The confirmation was submitted in writing to the Panel on Takeovers and Mergers, in accordance with UK takeover regulations.

The announcement marks the completion of a mandatory 12-month post-transaction period. WSP Global completed its recommended cash takeover of Ricardo, formerly known as Ricardo plc, on October 9, 2025, through a court-sanctioned scheme of arrangement. Under local takeover rules, acquiring companies must declare at the end of one year whether they have followed through on the business and operational intentions outlined during the acquisition process.

This formal confirmation provides regulatory closure to the acquisition, verifying that WSP Global adhered to the operational and organizational plans it originally laid out in June 2025. Investors will continue to monitor how the integration of Ricardo's business supports WSP Global's broader engineering and professional services portfolio moving forward.