RCDO Ricardo Plc

TIDMRCDO

RNS Number : 9100R

Ricardo PLC

31 October 2013

Ricardo PLC

Director / PDMR Shareholdings

31 October 2013

London

   1.         2006 Long Term Incentive Plan - sale of vested shares from plan cycle 4 

Ricardo PLC (the "Company") announces that on 30 October 2013, a total of 109,641 ordinary shares of 25 pence each in the Company ("Shares") were sold at a price of GBP6.0074 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 25 October 2013 pursuant to the vesting of awards originally granted under the terms of the Company's 2006 Long Term Incentive Plan on 25 October 2010.

 
 Name             Role         No. of Shares sold on 30 October 
                                             2013 
---------------  -----------  --------------------------------- 
                  Executive 
 Dave Shemmans     Director                 72,644 
---------------  -----------  --------------------------------- 
                  Executive 
 Mark Garrett      Director                 16,521 
---------------  -----------  --------------------------------- 
 Markus Doerr     PDMR                      20,476 
---------------  -----------  --------------------------------- 
 
   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    Approximate % 
                                following this    of Company's 
                                 notification     issued share 
                                                    capital 
---------------  -----------  ----------------  -------------- 
                  Executive 
 Dave Shemmans     Director        185,170           0.35% 
---------------  -----------  ----------------  -------------- 
                  Executive 
 Mark Garrett      Director        40,663            0.08% 
---------------  -----------  ----------------  -------------- 
 Markus Doerr     PDMR             36,225            0.07% 
---------------  -----------  ----------------  -------------- 
 

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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