Morgan Sindall Group Regulatory News (MGNS)

23 Feb 2007 09:56

Morgan Sindall PLC23 February 2007 MORGAN SINDALL plc("the Company") Notification of Directors' interests The following dealing by the Morgan Sindall Employee Benefit Trust (the "Trust")was transacted in ordinary shares of 5p each in the capital of the Company("shares"). The Trust is a discretionary trust for the benefit of directors, personsdischarging managerial responsibility ("PDMRs") and employees of the Company andsubsidiaries of the Company. The executive directors of the Company, namely JohnMorgan, Paul Smith, David Mulligan and Paul Whitmore, and PDMRs of the Company,namely Nigel Bennett, Mark Cutler, Stewart Davenport and Graham Shennan areincluded as potential beneficiaries under the Trust and are deemed to beinterested in shares held by the Trust and the dealings thereof for the purposesof Section 324 of the Companies Act 1985. On 22 February 2007, the Trust (the trustee of which is Legis Trust Limited),acquired a total of 100,000 shares at a purchase price of £12.70 per share,representing 0.24% of the issued share capital of the Company. The shares werepurchased to hedge the liability of awards made under the Morgan SindallExecutive Remuneration Plan 2005. This transaction was notified to the Companyon 22 February 2007. The total holding of the Trust following this transactionis 721,381 shares being 1.70% of the issued share capital of the Company. Enquiries: Mary Nettleship Tel: 020 7307 9218 Company Secretary 23 February 2007 This information is provided by RNS The company news service from the London Stock Exchange