Morgan Sindall Group plc (the�"Company")
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
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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).
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1. |
Details of Restricted Person/person closely associated with them ("PCA") |
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a) |
Name |
John Morgan (Chief Executive) Steve Crummett (Finance Director) |
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2. |
Reason for the notification � |
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a) |
Position/status |
Members of the Board of directors |
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b) |
Initial notification/amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor � |
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a) |
Name |
Morgan Sindall Group plc |
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b) |
LEI |
2138008339ULDGZRB345 |
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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 � |
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a) |
Description of the financial instrument, type of instrument � Identification code � |
Ordinary shares of 5 pence each � ISIN: GB0008085614� |
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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. |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information -���� Aggregated volume -���� Price |
As above � |
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e) |
Date of the transaction |
6 March 2018 |
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f) |
Place of the transaction |
Outside a trading venue |
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