Director/PDMR Shareholding
Ricardo PLC
Director / PDMR Shareholdings
1. 2006 Long Term Incentive Plan - grant of plan cycle 4B
Ricardo PLC (the "Company") announces that, on 8 March 2011, a conditional award over a total of 8,271 shares of 25 pence each in the Company ("Shares") was granted to Martin Fausset, a PDMR, under the terms of the Company's 2006 Long Term Incentive Plan. This award vests after three years and is subject to TSR and EPS performance conditions.
2. Current total holding of awards / options over Shares
Following the above notification, the total number of Shares over which Martin Fausset holds outstanding awards / options is 8,271, which represents approximately 0.02% of the Company's issued share capital.
The above notifications are intended to satisfy the Company's obligations under Disclosure and Transparency Rule ("DTR") 3.1.4R.
Contact: Patricia Ryan
Company Secretary
This information is provided by RNS