Morgan Sindall Group Regulatory News (MGNS)

8 Jun 2005 11:11

Morgan Sindall PLC08 June 2005 MORGAN SINDALL plc ("the Company") Notification of Directors' interests The following dealings by the Morgan Sindall Employee Benefit Trust (the "Trust") were transacted in ordinary shares of 5p each in the capital of the Company ("shares"). The Trust is a discretionary trust for the benefit of directors and employees ofthe Company and subsidiaries of the Company. The executive directors of MorganSindall plc, namely John Morgan, Paul Smith, David Mulligan and Paul Whitmore,are included as potential beneficiaries under the Trust and are deemed to beinterested in shares held by the Trust and the dealings thereof for the purposesof Section 324 of the Companies Act 1985. On 7 June 2005, the Trust (the trustee of which is Legis Trust Limited),acquired a total of 100,000 shares at a purchase price of 776 pence per share,representing 0.24% of the issued share capital of the Company. The shares werepurchased to hedge the liability of awards made under the Morgan SindallExecutive Remuneration Plan 2005. This transaction was notified to the Companyon 7 June 2005. The total holding of the Trust following this transaction is420,803 shares being 1.0% of the issued share capital of the Company. Enquiries: Mary Nettleship Tel: 020 7307 9218Company Secretary Matthew Smallwood Tel: 020 7457 2020College Hill Associates 8 June 2005 This information is provided by RNS The company news service from the London Stock Exchange