Director/PDMR Shareholding

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 £6.0074 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
Dave Shemmans	Executive Director	72,644
Mark Garrett	Executive 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 following this notification	Approximate % of Company's issued share capital
Dave Shemmans	Executive Director	185,170	0.35%
Mark Garrett	Executive 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.

 

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