Director / PDMR Shareholdings

RNS Number : 3627R

Ricardo PLC

16 November 2012

Ricardo PLC

1. 2006 Long Term Incentive Plan - grant of plan cycle 6

Ricardo PLC (the "Company") announces that, on 15 November 2012, conditional awards over a total of 266,628 shares of 25 pence each in the Company ("Shares") were granted to Executive Directors and other PDMRs under the terms of the Company's 2006 Long Term Incentive Plan, as set out below. 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	113,804
Paula Bell	Executive Director	37,985
Mark Garrett	Executive Director	33,205
Martin Fausset	PDMR	16,465
Tom Apostolos	PDMR	23,459
Markus Döerr	PDMR	27,715
Gary Tan	PDMR	13,995

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

The Company also announces that, on 15 November 2012, conditional "deferred awards" over a total of 90,238 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, these awards vest after three years. 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	41,111
Paula Bell	Executive Director	20,305
Mark Garrett	Executive Director	18,655
Martin Fausset	PDMR	6,743
Gary Tan	PDMR	3,424

Finally, further conditional "matching awards" over a total of 80,071 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 do not include dividend equivalent entitlements, but are subject to the same performance conditions that apply to the awards granted on 15 November 2012 under cycle 6 of the LTIP, are set out below:

Name	Role	No. of Shares over which awards granted
Dave Shemmans	Executive Director	41,111
Paula Bell	Executive Director	20,305
Mark Garrett	Executive Director	18,655

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 (exclusive of the awards granted under cycle 3 of the LTIP, details of the vesting of which are expected to be provided later today) is set out below:

Name	Role	Total no. of Shares subject to awards and options now held	Approximate % of Company's issued share capital
Dave Shemmans	Executive Director	554,080	1.07%
Paula Bell	Executive Director	218,904	0.42%
Mark Garrett	Executive Director	167,228	0.32%
Martin Fausset	PDMR	51,475	0.10%
Tom Apostolos	PDMR	23,459	0.05%
Marcus Döerr	PDMR	86,534	0.17%
Gary Tan	PDMR	17,419	0.03%