Morgan Sindall Group PLC

Director's Dealing • Mar 7, 2018

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RNS Number : 9602G

Morgan Sindall Group PLC

07 March 2018

Morgan Sindall Group plc (the "Company")

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

The following notification is intended to satisfy the Company's obligations under Article 19.3 of EU Regulation No 596/2014 (the Market Abuse Regulation).

1.

Details of Restricted Person/person closely associated with them ("PCA")

a)

Name

John Morgan (Chief Executive)

Steve Crummett (Finance Director)

2.

Reason for the notification  

a)

Position/status

Members of the Board of directors

b)

Initial notification/amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  

a)

Name

Morgan Sindall Group plc

b)

LEI

2138008339ULDGZRB345

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  

Identification code  

Ordinary shares of 5 pence each

ISIN: GB0008085614 

b)

Nature of the transaction

Grant of conditional awards over Ordinary Shares on 6 March 2018, under the Company's 2014 Long Term Incentive Plan, adopted by the Company on 30 July 2014 ("2014 LTIP"). Each conditional award will vest on 6 March 2021 subject to the satisfaction of performance criteria. Each conditional award carries a right to receive, on vesting, an amount linked to dividends paid on the Ordinary Shares subject to the conditional award.  The dividend equivalent can be settled in cash or Ordinary shares of the Company.

c)

Price(s) and volume(s)

Name	Price(s)	Volume(s)
John Morgan	N/A	61,666
Steve Crummett	N/A	49,171

d)

Aggregated information

-     Aggregated volume

-     Price

As above

e)

Date of the transaction

6 March 2018

f)

Place of the transaction

Outside a trading venue

This information is provided by RNS

The company news service from the London Stock Exchange

END

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