TIDMMGNS

RNS Number : 8365Y

Morgan Sindall Group PLC

27 February 2013

MORGAN SINDALL GROUP plc

(the "Company")

Notification of Transactions by Directors

The Morgan Sindall Executive Remuneration Plan 2005

Grant of conditional share awards

On 26 February 2013, certain directors of the Company were granted conditional share awards over ordinary shares of 5p each in the capital of the Company ("shares") under the Morgan Sindall Executive Remuneration Plan 2005 ("the Plan").

Details of the directors and the number of shares under conditional share awards granted to them under the Plan are set out below:

 
 Director          Number of conditional 
                       shares awarded 
----------------  ---------------------- 
 John Morgan              81,186 
----------------  ---------------------- 
 Steve Crummett           91,751 
----------------  ---------------------- 
 Paul Whitmore            59,128 
----------------  ----------------------

Conditional share awards do not have an exercise price and will normally vest on 26 February 2016 being the third anniversary of the date of grant, subject to continued employment with the Company and the satisfaction of the performance condition. 50% of the awards will be based on an adjusted earnings per share performance condition and 50% will be based on a performance condition measuring the Company's total shareholder return compared with eight of its UK listed peers over a three year period. No consideration was paid for the grant of the awards.

Following the grant of the conditional share awards under the Plan these directors maintain the following beneficial interests in the issued share capital of the Company:

 
 Director            Beneficial         % of the        Total number      Total number 
                       interest        issued share     of shares over    of conditional 
                    in the shares        capital        which options      share awards 
                    of the Company    of the Company       are held            held 
----------------  ----------------  ----------------  ----------------  ---------------- 
 John Morgan          4,497,508           10.41            620,294           149,410 
----------------  ----------------  ----------------  ----------------  ---------------- 
 Steve Crummett           0                 0                Nil             91,751 
----------------  ----------------  ----------------  ----------------  ---------------- 
 Paul Whitmore         62,840             0.15              1,814            178,303 
----------------  ----------------  ----------------  ----------------  ----------------

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

27 February 2013

This information is provided by RNS

The company news service from the London Stock Exchange

END

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