RICARDO PLC

Remuneration Information • Oct 19, 2015

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RNS Number : 7344C

Ricardo PLC

19 October 2015

Ricardo PLC

Director / PDMR Shareholdings

19 October 2015

London

1.         2014 Long Term Incentive Plan - grant of plan cycle 9

Ricardo PLC (the "Company") announces that, on 19 October 2015, conditional awards over a total of 126,548 shares of 25 pence each in the Company ("Shares") were granted to Executive Directors and other Persons Discharging Managerial Responsibility ("PDMRs") as set out below under the terms of the Company's 2014 Long Term Incentive Plan (the "LTIP").  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	50,088
Ian Gibson	Executive Director	17,734
Mark Garrett	Executive Director	15,477
Clive Wotton	PDMR	5,863
Robert Hentschel	PDMR	5,196
Markus Doerr	PDMR	7,609
Gary Tan	PDMR	6,214
David Smith	PDMR	6,631
Mark Barge	PDMR	5,139
Thomas Gutwald	PDMR	1,525
Paul Seller	PDMR	5,072

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

The Company also announces that, on 19 October 2015, conditional "deferred awards" over a total of 43,063 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, the awards granted to Executive Directors vest after three years and the awards granted to other PDMRs will vest on the first anniversary of grant.  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	18,509
Ian Gibson	Executive Director	9,431
Mark Garrett	Executive Director	7,949
Mark Barge	PDMR	1,850
Clive Wotton	PDMR	1,227
Robert Hentschel	PDMR	798
Gary Tan	PDMR	2,519
Thomas Gutwald	PDMR	780

Finally, further conditional "matching awards" over a total of 35,889 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 only include dividend equivalent entitlements in limited circumstances, but are subject to the same performance conditions that apply to the awards granted on 19 October under cycle 9 of the LTIP, are set out below:

Name	Role	No. of Shares over which awards granted
Dave Shemmans	Executive Director	18,509
Ian Gibson	Executive Director	9,431
Mark Garrett	Executive Director	7,949

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 holding following this notification	Approximate % of Company's issued share capital
Dave Shemmans	Executive Director	533,057	1.01%
Ian Gibson	Executive Director	103,456	0.20%
Mark Garrett	Executive Director	193,367	0.37%
Clive Wotton	PDMR	27,335	0.05%
Robert Hentschel	PDMR	22,226	0.04%
Markus Doerr	PDMR	59,540	0.11%
Gary Tan	PDMR	46,761	0.09%
David Smith	PDMR	6,631	0.01%
Mark Barge	PDMR	26,410	0.05%
Thomas Gutwald	PDMR	4,430	0.01%
Paul Seller	PDMR	5,072	0.01%

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

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