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RICARDO PLC

Director's Dealing Nov 10, 2014

4638_dirs_2014-11-10_299c9be3-f56a-4620-93b5-6ede5c15c836.html

Director's Dealing

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RNS Number : 6012W

Ricardo PLC

10 November 2014

Ricardo PLC

Director / PDMR Shareholdings

10 November 2014

London

1.         2006 Long Term Incentive Plan - sale of vested shares from plan cycle 5

Ricardo PLC (the "Company") announces that on 7 November 2014, a total of 107,393 ordinary shares of 25 pence each in the Company ("Shares") were sold at a price of £6.445 per Share on behalf of Executive Directors and other Persons Discharging Managerial Responsibilities ("PDMRs").  The Shares sold (details of which are set out below) had been acquired by the relevant individuals on 3 November 2014 pursuant to the vesting of awards originally granted under the terms of the Company's 2006 Long Term Incentive Plan on 3 November 2011.

Name Role No. of Shares sold on 7 November 2014
Dave Shemmans Executive Director 72,856
Mark Garrett Executive Director 9,419
Markus Doerr PDMR 20,366
Martin Fausset PDMR 4,752

2.         Net current total holdings of Shares

Following the above notifications, the total holdings of Shares of the relevant Executive Directors and other PDMRs are as follows:

Name Role Total holding following this notification Approximate % of Company's issued share capital
Dave Shemmans Executive Director 104,085 0.199%
Mark Garrett Executive Director 59,206 0.113%
Markus Doerr PDMR 36,225 0.069%
Martin Fausset PDMR 9,262 0.018%

The above notifications are intended to satisfy the Company's obligations under Disclosure and Transparency Rule ("DTR") 3.1.4R.

Name of contact: Company Secretary:  Patricia Ryan
Telephone number of contact: 01273 794776

This information is provided by RNS

The company news service from the London Stock Exchange

END

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