TIDMRCDO

RNS Number : 6570C

Ricardo PLC

23 January 2018

Ricardo PLC

Director / PDMR Shareholdings

23 January 2018

London

Purchase of Partnership Shares under the Ricardo PLC Share Incentive Plan (the "SIP")

Ricardo PLC (the "Company") announces that on 19 January 2018 it received notification from the trustee (the "Trustee") of the Company's SIP that on 9 January 2018 it awarded an aggregate of 5 ordinary shares of 25 pence each in the Company ("Shares") at a price of GBP9.1792 per Share to the following Person Discharging Managerial Responsibilities:

 
 Name          No. of Shares awarded 
                on 9 January 2018 
------------  ---------------------- 
 Tim Curtis              5 
------------  ----------------------

This award related to the "Partnership Share" element of the SIP and was made using deductions from the relevant individual's gross salary.

Following the above transaction, the total beneficial holding of Shares of the relevant PDMR is set out below:

 
 Name            Total holding        Approximate 
                    following        % of Company's 
                this notification     issued share 
                                        capital 
------------  -------------------  ---------------- 
 Tim Curtis            16              0.00003% 
------------  -------------------  ----------------

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                         Tim Curtis (the "Participant") 
----  --------------------------  ------------------------------------------ 
  2    Reason for the notification 
----  ---------------------------------------------------------------------- 
  a)   Position/status              PDMR: Managing Director - Ricardo 
                                     Energy and Environment 
----  --------------------------  ------------------------------------------ 
  b)   Initial notification/        Initial Notification 
        Amendment 
----  --------------------------  ------------------------------------------ 
  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                  Ordinary shares of 25p each ("Shares") 
        of the financial 
        instrument, 
        type of instrument 
---- 
       Identification               GB0007370074 
        code 
----  --------------------------  ------------------------------------------ 
  b)   Nature of                   Award of Shares by Link Market Services 
        the transaction             Trustees Limited, the trustee of 
                                    the Ricardo plc Share Incentive 
                                    Plan (the "SIP"), on behalf of the 
                                    Participant relating to the "Partnership 
                                    Share" element of the SIP using 
                                    deductions from the Participant's 
                                    gross salary. 
----  --------------------------  ------------------------------------------ 
  c)   Price(s) and                  Price(s)    Volume(s) 
        volume(s)                   -----------  ---------- 
                                     GBP9.1792        5 
                                    -----------  ---------- 
----  --------------------------  ------------------------------------------ 
  d)    Aggregated                 Not applicable 
         information 
          *    Aggregated volume 
 
 
          *    Price 
----  --------------------------  ------------------------------------------ 
  e)   Date of the                 2018-01-09 
        transaction 
----  --------------------------  ------------------------------------------ 
  f)   Place of the                London Stock Exchange, Main Market 
        transaction                 (XLON) 
----  --------------------------  ------------------------------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 23, 2018 05:09 ET (10:09 GMT)

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