Ricardo PLC

Director / PDMR Shareholdings

12 April 2017

London

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

Ricardo PLC (the 'Company') announces that on 11 April 2017 it received notification from the trustee (the 'Trustee') of the Company's SIP that on 10 April 2017 it purchased an aggregate of 31 ordinary shares of 25 pence each in the Company ('Shares') in the market at a price of £8.80 per Share on behalf of the following Persons Discharging Managerial Responsibilities:

Name

No. of Shares purchased on 10 April 2017

Chris Amsden

14

Mark Barge

17

These purchases related to the 'Partnership Share' element of the SIP and were made using deductions from the relevant individuals' gross salaries.

Following the above transactions, the total beneficial holding of Shares of the relevant PDMRs are set out below:

Name

Total holding following this notification

Approximate % of Company's issued share capital

Chris Amsden

849

0.002%

Mark Barge

5,321

0.010%

The following notifications are 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

Chris Amsden (the 'Participant')

2

Reason for the notification

a)

Position/status

PDMR: Finance Director - Performance Products

b)

Initial notification/ Amendment

Initial Notification

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 of the financial instrument, type of instrument

Ordinary shares of 25p each ('Shares')

Identification code

GB0007370074

b)

Nature of the transaction

Purchase of Shares by Capita IRG Trustees Limited, the trustee of the Ricardo plc Share Incentive Plan (the 'SIP'), on behalf of the Participantrelating to the 'Partnership Share' element of the SIP using deductions from the Participant's gross salary.

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

Not applicable

e)

Date of the transaction

2017-04-10

f)

Place of the transaction

London Stock Exchange

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Mark Barge (the 'Participant')

2

Reason for the notification

a)

Position/status

PDMR: Managing Director - Performance Products

b)

Initial notification/ Amendment

Initial Notification

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 of the financial instrument, type of instrument

Ordinary shares of 25p each ('Shares')

Identification code

GB0007370074

b)

Nature of the transaction

Purchase of Shares by Capita IRG Trustees Limited, the trustee of the Ricardo plc Share Incentive Plan (the 'SIP'), on behalf of the Participantrelating to the 'Partnership Share' element of the SIP using deductions from the Participant's gross salary.

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

Not applicable

e)

Date of the transaction

2017-04-10

f)

Place of the transaction

London Stock Exchange

Ricardo plc published this content on 12 April 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 12 April 2017 08:56:17 UTC.

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