Morgan Sindall Group PLC Director/PDMR Shareholding
14 Maggio 2024 - 4:08PM
RNS Regulatory News
RNS Number : 4135O
Morgan Sindall Group PLC
14 May 2024
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).
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1.
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Details of Restricted Person/person closely associated with
them ("PCA")
|
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a)
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Name
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Kelly Gangotra
|
|
2.
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Reason for the notification
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a)
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Position/status
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Chief Financial Officer
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b)
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Initial
notification/amendment
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Initial notification
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3.
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Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
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a)
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Name
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Morgan Sindall Group plc
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b)
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LEI
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2138008339ULDGZRB345
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4.
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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
|
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a)
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Description of the financial
instrument, type of instrument
Identification code
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Ordinary shares of 5 pence
each
ISIN: GB0008085614
|
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b)
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Nature of the transaction
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Grant of two conditional awards over
Ordinary Shares on 14 May 2024, under the Company's 2023 Long Term Incentive Plan,
adopted by the Company on 1 August 2023 ("2023 LTIP"). As set out
in the Company's 2023 Annual Report, the awards consist of an
annual award of 150% of salary plus an additional one-off award of
50% of salary in 2024 to compensate for existing long-term
incentives held and forfeited on appointment. Each conditional
award will vest on 14 May 2027 subject to the satisfaction of the performance
criteria. Each conditional award carries a right to receive, on
vesting, 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. The
vesting of the awards will also be subject to a two-year holding
period whereby any vested shares (net of any tax liability) will
be retained in the Company's appointed
nominee in accordance with the Company's directors' remuneration
policy.
|
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c)
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Price(s) and volume(s)
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Name
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Price(s)
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Volume(s)
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Kelly Gangotra
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N/A
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30,376
|
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Kelly Gangotra
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N/A
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10,125
|
|
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d)
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Aggregated information
-
Aggregated volume
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Price
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As above
|
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e)
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Date of the transaction
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14 May 2024
|
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f)
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Place of the transaction
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Outside a trading venue
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END
DSHFLFISETISLIS
Grafico Azioni Morgan Sindall (LSE:MGNS)
Storico
Da Nov 2024 a Dic 2024
Grafico Azioni Morgan Sindall (LSE:MGNS)
Storico
Da Dic 2023 a Dic 2024
