RNS Number : 6898A
  Morgan Sindall PLC
  05 August 2008
   


    Morgan Sindall plc

     ("the Company")

    Notification of Transactions by Directors  


    Morgan Sindall plc Long Term Incentive Plan ("LTIP")

    The Company announces the numbers set out below, of ordinary shares of 5p each in the capital of the Company ("shares") that vested on 4
August 2008 in certain directors of the Company pursuant to the terms of the LTIP.  These shares were conditionally allocated to the
directors on 30 June 2006. 

    These shares were satisfied from market purchase shares held in the Morgan Sindall Employee Benefit Trust.

    In addition, Paul Whitmore has disposed of a proportion of the shares vesting in order to fund the tax and national insurance
contribution payable in respect of them.

 Name of Director    Number of shares vesting on 4   Number of shares disposed
                             August 2008 

 John Morgan                    40,850                          0 
 Paul Whitmore                  35,896                        14,718 

    The price used for calculating vesting and disposal was �5.695, being the closing mid market price on 4 August.

    Following these transactions, the individuals have notified their interests (all of which are beneficial) in the share capital of the
Company in accordance with Disclosure Rule 3.1.4R (1) (a) and section 793 of the Companies Act 2006 as follows:
                            
                   Beneficial interest      % issued share       Total number of       Total number of
 Name of Director       in shares           capital of the      shares over which     conditional share
                                               Company           options are held        awards held

 John Morgan            4,497,508               10.46%               405,912                  0
 Paul Whitmore            51,257                0.12%                   0                   45,350

    Enquiries:

    Clare Sheridan                            Tel: 020 7307 9221
    Deputy Company Secretary

    5 August 2008



This information is provided by RNS
The company news service from the London Stock Exchange
 
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