Morgan Sindall Group PLC Director/PDMR Shareholding (9598G)
07 March 2018 - 8:27PM
UK Regulatory
TIDMMGNS
RNS Number : 9598G
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 Ordinary shares of 5 pence each
the financial
instrument, type ISIN: GB0008085614
of instrument
Identification
code
--- ------------------------------- ------------------------------------------
b) Nature of the Grant of nil cost share options
transaction on 6 March 2018, under the Company's
Deferred Bonus Plan, adopted
by the Company on 28 November
2017 ("DPB"). The nil cost options
granted are equivalent to 30%
of the annual bonus earned for
the year ended 31 December 2017.
Each nil cost option will mature
and become exercisable from
6 March 2021. The share price
used to determine the number
of nil cost options is GBP12.29.
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 14,967
---------------- ---------- ----------
Steve Crummett N/A 11,934
---------------- ---------- ----------
--- ------------------------------- ------------------------------------------
d) Aggregated information As above
* Aggregated volume
* Price
--- ------------------------------- ------------------------------------------
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
DSHLIFFAVEIDIIT
(END) Dow Jones Newswires
March 07, 2018 04:27 ET (09:27 GMT)
Morgan Sindall (LSE:MGNS)
Historical Stock Chart
From Apr 2024 to May 2024
Morgan Sindall (LSE:MGNS)
Historical Stock Chart
From May 2023 to May 2024