Morgan Sindall Group plc
('the Company')
Notification of Transactions by Directors
Executive Remuneration Plan 2005 (the 'Plan')
On 5 April 2006 the Company granted share options under the Plan to its executive directors in respect of ordinary shares of 5p each in the Company ('shares'). The performance condition for these options was satisfied in full and the options became exercisable on 5 April 2009. The options had to be exercised by 5 April 2016 or they lapsed.
Share Options
The Company therefore announces the number of shares which lapsed for John Morgan as follows:
Name of Director
Number of share options granted on 5 April 2006
Exercise price per option
Number of share options lapsed 5 April 2016
John Morgan
81,016
£12.59
Following these transactions, the interests (all of which are beneficial) of the above directors in the share capital of the Company are as follows:
Beneficial interest in shares
% issued share capital of the Company
Total number of shares over which options are held
Total number of conditional share awards held
4,004,352
9.04
106,364
247,994
This notification relates to transactions notified in accordance with both Disclosure Rule 3.1.4R (1) (a) and Disclosure Rule 3.1.4R (1) (c).
Enquiries:
Company Secretary
6 April 2016