RICARDO PLC

Director's Dealing • Oct 3, 2017

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RNS Number : 5740S

Ricardo PLC

03 October 2017

Ricardo PLC

Director / PDMR Shareholdings

3 October 2017

London

Purchase of shares

Ricardo PLC (the "Company") announces that on 2 October 2017 it received notification that on 2 October 2017 Markus Doerr, a Person Discharging Managerial Responsibility, sold 13,447 ordinary shares of 25 pence each in the Company ("Shares") at a price of £8.17 per Share.

Following the above transaction, Markus Doerr no longer has any beneficial holding of Shares 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

Markus Doerr

2

Reason for the notification

a)

Position/status

PDMR: Managing Director - Ricardo Strategic Consulting

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

Sale of Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£8.17	13,447

d)

Aggregated information

-   Aggregated volume

-   Price

Not applicable

e)

Date of the transaction

2017-10-02

f)

Place of the transaction

London Stock Exchange

This information is provided by RNS

The company news service from the London Stock Exchange

END

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