Director/PDMR Shareholding

RNS Number : 3275T

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 of the 2018 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 57,595 27,165 GBP 3.122 30,430
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 of the 2018 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 45,691 21,551 GBP 3.122 24,140
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
b)	Name	Paul Bolton
2	Reason for the notification
c)	Position/status	PDMR- General Counsel
d)	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.
g)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 25p each GB0006027295
h)	Nature of the transaction	Vesting of the 2018 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.
i)	Price(s) and volume(s)	No. of shares acquired No. of shares sold Sale price per share No. of shares retained 7,351 3,468 GBP 3.122 3,883
j)	Aggregated information -  Aggregated volume -  Price	N/A
k)	Date of the transaction	2021-03-22
l)	Place of the transaction	London Stock Exchange (XLON)

Stephanie Mackie 

Morgan Advanced Materials plc

01753 837000

 

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