TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii
Ricardo PLC
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
Yes
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii
JPMorgan Asset Management Holdings Inc.
4. Full name of shareholder(s)
(if different from 3.): iv
JPMorgan Asset Management (UK) Limited
5. Date of the transaction and date on which the threshold is crossed or reached: v
28 April 2014
6. Date on which issuer notified:
30 April 2014
7. Threshold(s) that is/are crossed or
reached: vi, vii
10% Downwards
8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type ofshares
if possible usingthe ISIN CODE
Situation previousto the triggeringtransaction
Resulting situation after the triggering transaction
NumberofShares
NumberofVotingRights
Numberof shares
Number of votingrights
% of voting rights x
Direct
Direct xi
Indirect xii
Indirect
GB0007370074
5,196,603
5,104,511
9.77%
B: Qualifying Financial Instruments
Type of financialinstrument
Expirationdate xiii
Exercise/ConversionPeriod xiv
Number of votingrights that may beacquired if theinstrument isexercised/ converted.
% of votingrights
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Exerciseprice
Expirationdate xvii
Exercise/Conversionperiod xviii
Number of votingrights instrumentrefers to
% of voting rights xix, xx
Contract for Difference
Nominal
Delta
102,623
0.20%
Total (A+B+C)
Number of voting rights
Percentage of voting rights
5,207,134
9,96%
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi
Total disclosable holding for JPMorgan Asset Management Holdings Inc : 5,207,134 (9.96%)
JPMorgan Asset Management (UK) Limited: 5,207,134 (9.96%)
Proxy Voting:
10. Name of the proxy holder:
N/A
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
14. Contact name:
Tung T Le
15. Contact telephone number:
020 7742 7272