Director/PDMR Shareholding

RNS Number : 9101E

Morgan Advanced Materials PLC

03 March 2020

 

1	Details of the person discharging managerial responsibilities / persons closely associated
a)	Name	Pete Raby
2	Reason for the notification
a)	Position/status	PDMR - CEO
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 2017 award under the Deferred Bonus Plan and sale of sufficient shares in order to satisfy Income Tax and National Insurance Contributions required to be withheld on release. Retained 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 24,228 11,428 GBP 2.88 12,800
d)	Aggregated information -  Aggregated volume -  Price	N/A
e)	Date of the transaction	2020-03-03
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / persons closely associated
a)	Name	Peter Turner
2	Reason for the notification
a)	Position/status	PDMR- CFO
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 2017 award under the Deferred Bonus Plan and sale of sufficient shares in order to satisfy Income Tax and National Insurance Contributions required to be withheld on release.
c)	Price(s) and volume(s)	No. of shares acquired No. of shares sold Sale price per share No. of shares retained 16,900 7,972 GBP 2.88 8,928
d)	Aggregated information -  Aggregated volume -  Price	N/A
e)	Date of the transaction	2020-03-03
f)	Place of the transaction	London Stock Exchange (XLON)

 

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