Morgan Sindall Grp - Director/PDMR Shareholding

Morgan Sindall

06/03/2025 16:42

RNS Number : 7085Z

Morgan Sindall Group PLC

06 March 2025

 

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)
Kelly Gangotra (Chief Financial Officer)
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 nil cost share options on 6 March 2025, under the Company's Deferred Bonus Plan, adopted by the Company on 28 November 2017. The nil cost options granted are equivalent to 33% of the annual bonus earned for the year ended 31 December 2024. Each nil cost option will mature and become exercisable from6March 2028. The share price used to determine the number of nil cost options is £32.50. Each nil cost option carries a right to receive, on maturity, 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
9,366
Kelly Gangotra
N/A
4,903
d)
Aggregated information
- Aggregated volume
- Price
As above
e)
Date of the transaction
6March 2025
f)
Place of the transaction
Outside a trading venue

 

 

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