RICARDO PLC

Remuneration Information • Oct 16, 2013

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RNS Number : 6917Q

Ricardo PLC

16 October 2013

Ricardo PLC

Director / PDMR Shareholdings

16 October 2013

London

1.         2006 Long Term Incentive Plan - grant of plan cycle 7

Ricardo PLC (the "Company") announces that, on 16 October 2013, conditional awards over a total of 185,399 shares of 25 pence each in the Company ("Shares") were granted to Executive Directors and other PDMRs under the terms of the Company's 2006 Long Term Incentive Plan (the "LTIP"), as set out below.  These awards vest after three years and are subject to TSR and EPS performance conditions.

Name	Role	No. of Shares over which awards granted
Dave Shemmans	Executive Director	73,380
Ian Gibson	Executive Director	25,983
Mark Garrett	Executive Director	22,676
Martin Fausset	PDMR	14,430
Tom Apostolos	PDMR	9,423
Robert Hentschel	PDMR	8,615
Markus Döerr	PDMR	12,674
Gary Tan	PDMR	9,199
Robert Bell	PDMR	9,019

2.         2011 Deferred Bonus Plan - grant of deferred awards and matching awards

The Company also announces that, on 16 October 2013, conditional "deferred awards" over a total of 62,931 Shares were granted to Executive Directors and other PDMRs under the terms of the Company's 2011 Deferred Bonus Plan ("DBP"), as set out below.  Subject to continuing employment, these awards vest after three years. These DBP deferred awards (which include dividend equivalent entitlements) are not subject to performance conditions.

Name	Role	No. of Shares over which awards granted
Dave Shemmans	Executive Director	34,292
Mark Garrett	Executive Director	15,620
Martin Fausset	PDMR	5,848
Tom Apostolos	PDMR	3,817
Gary Tan	PDMR	3,354

Finally, further conditional "matching awards" over a total of 49,912 Shares were granted to Executive Directors under the terms of the DBP on the basis of one Share comprised in such a "matching award" for each Share comprised in the corresponding deferred award (detailed above) granted to an individual on the same occasion. Details of these DBP matching awards, which do not include dividend equivalent entitlements, but are subject to the same performance conditions that apply to the awards granted on 16 October 2013 under cycle 7 of the LTIP, are set out below:

Name	Role	No. of Shares over which awards granted
Dave Shemmans	Executive Director	34,292
Mark Garrett	Executive Director	15,620

3.         Current total holdings of awards / options over Shares

Following the above notifications, the total number of Shares over which the relevant Executive Directors and other PDMRs hold outstanding awards / options is set out below:

Name	Role	Total no. of Shares subject to awards and options now held	Approximate % of Company's issued share capital
Dave Shemmans	Executive Director	616,044	1.18%
Ian Gibson	Executive Director	25,983	0.05%
Mark Garrett	Executive Director	221,144	0.42%
Martin Fausset	PDMR	71,753	0.14%
Tom Apostolos	PDMR	36,699	0.07%
Robert Hentschel	PDMR	8,615	0.02%
Markus Döerr	PDMR	99,208	0.19%
Gary Tan	PDMR	29,972	0.06%
Robert Bell	PDMR	23,554	0.05%

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

This information is provided by RNS

The company news service from the London Stock Exchange

END

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