Director/PDMR Shareholding

RNS Number : 0194F

Morgan Advanced Materials PLC

17 May 2013

 



Morgan Advanced Materials plc. ("the Company")

Long-Term Incentive Plan ("LTIP") - vesting of 2010 awards

Morgan Advanced Materials plc announces that it received notification on 16 May 2013 that transactions by directors and persons discharging managerial responsibilities ("PDMRs") of the Company, listed in the table below, took place following the vesting and release of awards granted in 2010 under the LTIP and related Approved Performance Share Plan.

Awards vested on 13 May 2013 and shares were sold on 15 May 2013.

Name	No. of shares acquired on vesting	No. of shares sold	Sale price per share	No of shares retained
Paul Boulton (PDMR)	24,377	10,565 shares sold to cover the income tax and social security contributions required to be withheld on vesting	£2.811	13,812
Kevin Dangerfield (Director)	59,469	28,049 shares sold to cover the income tax and social security contributions required to be withheld on vesting	£2.811	31,420
Ralph Gomarsall (PDMR)	4,875	0	n/a	4,875
Bill Grab (PDMR)	4,875	1,841 shares sold to cover the income tax and social security contributions required to be withheld on vesting	£2.811	3,034
Simon Halliday (PDMR)	10,970	10,970	£2.811	0
Andrew Hosty (Director)	58,507	26,663 shares sold to cover the income tax and social security contributions required to be withheld on vesting	£2.811	31,844
Andrew Riley (PDMR)	24,377	10,565 shares sold to cover the income tax and social security contributions required to be withheld on vesting	£2.811	13,812
Ian Robb (PDMR)	19,502	0	n/a	19,502
Mark Robertshaw (Director)	107,264	50,591 shares sold to cover the income tax and social security contributions required to be withheld on vesting	£2.811	56,673

Following notification of the transactions described above, the total holdings and total percentage holdings of the Executive Directors were as follows:

Mark Robertshaw                            746,947 shares                  0.266% 

Kevin Dangerfield                           252,817 shares                  0.090%

Andrew Hosty                                   154,488 shares                  0.055%

This announcement is made in accordance with the requirements of DTR 3.1.4R (1) (a).

Enquiries to:

Stephanie Mackie         Morgan Advanced Materials plc      01753 837000

 

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