Morgan Sindall Group PLC

Remuneration Information • Mar 9, 2020

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RNS Number : 4761F

Morgan Sindall Group PLC

09 March 2020

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 the person discharging managerial responsibilities / person closely associated

a)

Name   

John Morgan (balance to be held in account with Numis Nominees (Client) Limited )

2  

Reason for the notification  

a)  

Position/status   

Chief Executive 

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

Vesting of conditional share awards under the Morgan Sindall Group 2014 Long Term Incentive Plan:

·   78,376 shares acquired at nil cost

·   subsequent sale of 36,837 shares to satisfy PAYE and NI payable at £17.84 per share

The balance after the sale has been retained in the Company's appointed nominee account for a two-year holding period under the Company's directors' remuneration policy.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
	No of shares vested	Dividend equivalent shares	Total shares acquired at nil cost	Shares disposed to satisfy PAYE liability	Balance of shares retained and beneficially owned
Shares disposed at £17.84	72,636	5,740	78,376	36,837	41,539

d)  

Aggregated information

- Aggregated volume

- Price  

As above 

e)  

Date of the transaction  

6 March 2020

f)  

Place of the transaction  

Outside a trading venue

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 the person discharging managerial responsibilities / person closely associated  

a)  

Name   

Steve Crummett ((balance to be held in account with Numis Nominees (Client) Limited )

2

Reason for the notification  

a)  

Position/status   

Finance Director

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

Vesting of conditional share awards under the Morgan Sindall Group 2014 Long Term Incentive Plan:

·   62,495 shares acquired at nil cost

·   subsequent sale of 29,373 shares to satisfy PAYE and NI payable at £17.84 per share

The balance after the sale has been retained in the Company's appointed nominee account for a two-year holding period under the Company's directors' remuneration policy.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
	No of shares vested	Dividend equivalent shares	Total shares acquired at nil cost	Shares disposed to satisfy PAYE liability	Balance of shares retained and beneficially owned
Shares disposed at £17.84	57,918	4,577	62,495	29,373	33,122

d)

Aggregated information

- Aggregated volume

- Price  

As above 

e)  

Date of the transaction  

6 March 2020

f)  

Place of the transaction

Outside a trading venue

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