Morgan Sindall Group Announces Director Shareholding Changes
Why we think this is neutral
This RNS announcement is a standard regulatory update on director/PDMR shareholding changes within Morgan Sindall Group. It does not contain any material financial information or updates on the company's operations, performance or outlook. As such, the news is considered neutral and unlikely to have a significant impact on the share price.
Key Points
- Grant of conditional awards over Ordinary Shares to CEO and CFO under 2023 Long Term Incentive Plan
- Awards will vest on 6 March 2028 subject to performance criteria and holding period
Summary
The engineering and construction company has announced changes to director shareholdings through a long-term incentive plan.
Morgan Sindall Group plc has announced that the company's Chief Executive, John Morgan, and Chief Financial Officer, Kelly Gangotra, have been granted conditional awards over Ordinary Shares under the company's 2023 Long Term Incentive Plan. The awards will vest on 6 March 2028 subject to the satisfaction of performance criteria and a two-year holding period.
DIRECTOR DEALINGS