Director/PDMR Shareholding
Morgan Sindall Group plc announced that Chief Executive John Morgan and Chief Financial Officer Kelly Gangotra were granted nil cost share options on March 9, 2026, under the company's Deferred Bonus Plan. John Morgan received 6,807 options and Kelly Gangotra received 5,429 options, representing 33% of their respective annual bonuses earned for the year ended December 31, 2025. These options, based on a share price of £46.28, will mature and become exercisable from March 9, 2020, and carry a right to receive dividend equivalents, which can be settled in cash or ordinary shares.
Select text to share a quote on X · sign in to keep highlights & notes in your MGNS notes
| 1. | Details of Restricted Person/person closely associated with them ("PCA") | |
| a) | Name | John Morgan (Chief Executive) Kelly Gangotra (Chief Financial Officer) |
| 2. | Reason for the notification | |
| a) | Position/status | Members of the Board of directors |
| b) | Initial notification/amendment | Initial notification |
| a) | Name | Morgan Sindall Group plc |
| b) | LEI | 2138008339ULDGZRB345 |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 5 pence each ISIN: GB0008085614 |
| b) | Nature of the transaction | Grant of nil cost share options on 9 March 2026, under the Company's Deferred Bonus Plan, adopted by the Company on 28 November 2017. The nil cost options granted are equivalent to 33% of the annual bonus earned for the year ended 31 December 2025. Each nil cost option will mature and become exercisable from 9 M arch 2020. The share price used to determine the number of nil cost options is £46.28 . Each nil cost option carries a right to receive, on maturity, 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. |
| c) | Price(s) and volume(s) | Name Price(s) Volume(s) John Morgan N/A 6,807 Kelly Gangotra N/A 5,429 |
| d) | Aggregated information - Aggregated volume - Price | As above |
| e) | Date of the transaction | 9 March 2026 |
| f) | Place of the transaction | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.