30 Mar 2012 10:27
MORGAN SINDALL GROUP plc
(the "Company")
Notification of Transactions by Directors
The Morgan Sindall Executive Remuneration Plan 2005 ("the Plan")
Morgan Sindall Group plc announces today that the performance conditions attached to the share options and conditional share awards granted under the Plan to the directors of the Company on 30 March 2009 have not been satisfied and the following share options and conditional share awards have lapsed as set out below:
Director | Number of share options lapsing | Number of conditional share awards lapsing |
John Morgan | 219,828 | Nil |
Paul Smith | 129,310 | 32,328 |
David Mulligan | 76,294 | 19,073 |
Paul Whitmore | Nil | 34,914 |
Following the lapse of the above options and conditional share awards under the Plan these directors maintain the following beneficial interests in the issued share capital of the Company:
Director | Beneficial interest in the shares of the Company | % of the issued share capital of the Company | Total number of shares over which options are held | Total number of conditional share awards held |
John Morgan | 4,497,508 | 10.41 | 620,294 | Nil |
Paul Smith | 217,915 | 0.50 | 252,976 | 92,574 |
David Mulligan | 24,544 | 0.06 | 145,358 | 54,635 |
Paul Whitmore | 62,840 | 0.15 | 1,814 | 70,733 |
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).
Contact:
Mary Nettleship Tel: 020 7307 9200
Company Secretary
30 March 2012
Morgan Sindall Group (MGNS)