Director/PDMR Shareholding

RNS Number : 3270T

Morgan Advanced Materials PLC

24 March 2021

 

24 March 2021

Morgan Advanced Materials plc

Notification of transactions of Directors/Persons Discharging Managerial Responsibilities

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 at 21.8% of the 2018 award under the Long-Term Incentive Plan and sale of sufficient shares in order to satisfy Income Tax and National Insurance Contributions required to be withheld on release. Retained shares subject to post-vest holding period of two years.
c)	Price(s) and volume(s)	No. of shares acquired No. of shares sold Sale price per share No. of shares retained 51,007 24,058 GBP 3.122 26,949
d)	Aggregated information -  Aggregated volume -  Price	N/A
e)	Date of the transaction	2021-03-22
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 at 21.8% of the 2018 award under the Long-Term Incentive Plan and sale of sufficient shares in order to satisfy Income Tax and National Insurance Contributions required to be withheld on release. Retained shares subject to post-vest holding period of two years.
c)	Price(s) and volume(s)	No. of shares acquired No. of shares sold Sale price per share No. of shares retained 39,295 18,534 GBP 3.122 20,761
d)	Aggregated information -  Aggregated volume -  Price	N/A
e)	Date of the transaction	2021-03-22
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / persons closely associated
a)	Name	Joe Landa
2	Reason for the notification
a)	Position/status	PDMR - Global Managing Director, Seals & Bearings
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 at 100% of the 2018 award under the Long-Term Incentive 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 44,996 16,708 GBP 3.122 28,288
d)	Aggregated information -  Aggregated volume -  Price	N/A
e)	Date of the transaction	2021-03-22
f)	Place of the transaction	London Stock Exchange (XLON)

Stephanie Mackie 

Morgan Advanced Materials plc

01753 837000

 

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