Director/PDMR Shareholding

RNS Number : 3354Q

Morgan Sindall Group PLC

26 February 2016

Morgan Sindall Group plc

('the Company')

Notification of Transactions by Directors

Executive Remuneration Plan 2005 (the 'Plan')

On 26 February 2013 the Company granted awards under the Plan to its executive directors in respect of ordinary shares of 5p each in the Company ('shares'). These awards took the form of performance shares. 50% of the awards were subject to an adjusted earnings per share performance condition and 50% were 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.

Following completion of the performance period, the Company announces that the performance conditions have not been met and all the awards will lapse.

Performance share awards

The Company therefore announces the number of shares which lapsed for John Morgan and Steve Crummett as follows:

Name of Director	Number of performance shares awarded 26 February 2013	Number of performance share awards lapsed 26 February 2016

John Morgan	81,186	81,186
Steve Crummett	91,751	91,751

Following these transactions, the interests (all of which are beneficial) of the above directors in the share capital of the Company are as follows:

Name of Director	Beneficial interest in shares	% issued share capital of the Company	Total number of shares over which options are held	Total number of conditional share awards held

John Morgan	4,004,352	9.04	187,380	154,367
Steve Crummett	14,615	0.03	0	116,304