RICARDO PLC

Director's Dealing • Sep 24, 2018

National Storage Mechanism | Additional information

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RNS Number : 6770B

Ricardo PLC

24 September 2018

Ricardo PLC

Director / PDMR Shareholdings

19 September 2018

London

Purchase of shares

Ricardo PLC (the "Company") announces that on 19 September 2018 it received notification that Mark Garrett, Chief Operating Officer, transferred a total of 59,206 ordinary shares of 25p each in the capital of the Company ("Shares") to his spouse, Melanie Garrett, on 18 September 2018, for nil consideration.

Following the above transfer, the total beneficial holding of Shares of Mark Garrett remains unchanged at 133,223 Shares, representing approximately 0.249% of the Company's issued ordinary share capital.

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

Mark Garrett

2

Reason for the notification

a)

Position/status

Chief Operating Officer

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

Transfer of Shares to Melanie Garrett, spouse of Mark Garrett

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil consideration	59,206

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2018-09-18

f)

Place of the transaction

Outside a trading venue

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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