Morgan Sindall Group Regulatory News (MGNS)

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 the financial instrument, type of instrument

Identification code

Ordinary shares of 5 pence each

ISIN: GB0008085614 

b)

Nature of the transaction

Vesting of nil cost share options granted on 6 March 2018, under the Company's Deferred Bonus Plan, adopted by the Company on 28 November 2017. Upon vesting of the deferred bonus plan award on 6 March 2021, each nil cost option granted carried a right to receive an amount linked to dividends paid. The dividend equivalent has been settled in Ordinary shares of the Company and has been added to the original award of nil cost options.

The share price used to determine the number of dividend equivalent shares was £18.00.

The options and dividend equivalent shares are exercisable until the tenth anniversary of the grant date.

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

As above

e)

Date of the transaction

8 March 2021

f)

Place of the transaction

Outside a trading venue