Director/PDMR Shareholding

RNS Number : 3173T

Morgan Advanced Materials PLC

04 January 2017

 

1	Details of the person discharging managerial responsibilities / persons closely associated
a)	Name	Pete Raby
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Morgan Advanced Materials Plc
b)	LEI	I4K14LL95N2PHDL7EG85
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted.
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 25p each GB0006027295
b)	Nature of the transaction	Vesting of the first tranche, comprising 57,176 shares, of the Restricted Share Award granted upon appointment as CEO and subsequent sale of 26,968 shares in order to satisfy the income tax and National Insurance Contributions required to be withheld on release. Remaining shares transferred to Candice Raby (spouse of CEO).
c)	Price(s) and volume(s)	No. of shares acquired No. of shares sold Sale price per share No. of shares retained 57,176 26,968 GBP 2.8685 30,208
d)	Aggregated information -     Aggregated volume -     Price	N/A
e)	Date of the transaction	2017-01-03.
f)	Place of the transaction	London Stock Exchange (XLON)

 

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