RICARDO PLC

Director's Dealing • Jan 23, 2018

National Storage Mechanism | Additional information

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RNS Number : 6570C

Ricardo PLC

23 January 2018

Ricardo PLC

Director / PDMR Shareholdings

23 January 2018

London

Purchase of Partnership Shares under the Ricardo PLC Share Incentive Plan (the "SIP")

Ricardo PLC (the "Company") announces that on 19 January 2018 it received notification from the trustee (the "Trustee") of the Company's SIP that on 9 January 2018 it awarded an aggregate of 5 ordinary shares of 25 pence each in the Company ("Shares") at a price of £9.1792 per Share to the following Person Discharging Managerial Responsibilities:

Name	No. of Shares awarded on 9 January 2018
Tim Curtis	5

This award related to the "Partnership Share" element of the SIP and was made using deductions from the relevant individual's gross salary.

Following the above transaction, the total beneficial holding of Shares of the relevant PDMR is set out below:

Name	Total holding following this notification	Approximate % of Company's issued share capital
Tim Curtis	16	0.00003%

The following notification is intended to satisfy the Company's obligations under Article 19(3) of EU Regulation No 596/2014 (the Market Abuse Regulation).

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Tim Curtis (the "Participant")

2

Reason for the notification

a)

Position/status

PDMR: Managing Director - Ricardo Energy and Environment

b)

Initial notification/ Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Ricardo plc

b)

LEI

213800ZNYAY35F4XB814

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary shares of 25p each ("Shares")

Identification code

GB0007370074

b)

Nature of the transaction

Award of Shares by Link Market Services Trustees Limited, the trustee of the Ricardo plc Share Incentive Plan (the "SIP"), on behalf of the Participant relating to the "Partnership Share" element of the SIP using deductions from the Participant's gross salary.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£9.1792	5

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2018-01-09

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

This information is provided by RNS

The company news service from the London Stock Exchange

END

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