6 Mar 2013 13:10
Ricardo PLC
Director/PDMR shareholding
06 March 2013
London
Ricardo PLC (the "Company") announces that it received notification on 5 March 2013 of the following transactions by Ian Lee, a non-executive director of the Company, and certain of his connected persons. On 5 March 2013:
·; Ann Lee, Ian Lee's spouse, transferred 6,500 ordinary shares of 25p each in the capital of the Company ("Shares") to Ian Lee for nil consideration;
·; Ian Lee sold 6,500 Shares at a price of £3.945 per Share;
·; Ian Lee purchased 3,250 Shares into his ISA at a price of £4.009046 per Share; and
·; Ann Lee purchased 3,250 Shares into her ISA at a price of £4.008 per Share.
Following these transactions, the total beneficial holding of Shares of Ian Lee and his connected persons is unchanged at 13,000 Shares, representing approximately 0.025% of the Company's issued ordinary share capital.
The above notifications are intended to satisfy the Company's obligations under Disclosure and Transparency Rule 3.1.4R.
Contact: Patricia Ryan Company Secretary
Telephone: 01273 794776
Ricardo (RCDO)