Director / PDMR Shareholdings

RNS Number : 2865Y

Ricardo PLC

20 December 2010

 



Director / PDMR Shareholdings

1.         2006 Long Term Incentive Plan - vesting of plan cycle 1B

Ricardo PLC (the "Company") announces that on 20 December 2010, a total of 7,859 ordinary shares of 25 pence each in the Company ("Shares") vested in favour of Markus Doerr, a Person Discharging Managerial Responsibilities ("PDMR"), under the terms of the Company's 2006 Long Term Incentive Plan.  This vesting (which included dividend entitlements) related to the three year Plan cycle ending in June 2010 and was subject to the satisfaction of both EPS and TSR performance conditions.

A total of 4,322 Shares are being delivered to Markus Doerr following deductions for tax payable on the vesting.

2.         Net current total holding of Shares

Following the above notification, the total holding of Shares of the relevant PDMR is as follows:

Name	Role	Total holding following this notification	Approximate % of Company's issued share capital
Markus Doerr	PDMR	47,778	0.09%

The above notifications are intended to satisfy the Company's obligations under Disclosure and Transparency Rule ("DTR") 3.1.4R.

 

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