Director/PDMR Shareholding

Morgan Advanced Materials PLC

27 March 2024

 

27 March 2024

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 14.82% of the 2021 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 40,975 19,326 GBP 2.852 21,649
d)	Aggregated information -     Aggregated volume -     Price	N/A
e)	Date of the transaction	2024-03-26
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / persons closely associated
a)	Name	Paul Boulton
2	Reason for the notification
a)	Position/status	PDMR - General Counsel
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 47.71% of the 2021 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 19,670 9,278 GBP 2.852 10,392
d)	Aggregated information -     Aggregated volume -     Price	N/A
e)	Date of the transaction	2024-03-26
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / persons closely associated
b)	Name	John Righini
2	Reason for the notification
c)	Position/status	PDMR - President, Technical Ceramics
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 at 100% of the 2021 award under the Long-Term Incentive Plan and sale of all shares.
i)	Price(s) and volume(s)	No. of shares acquired No. of shares sold Sale price per share No. of shares retained 79,289 79,289 GBP 2.852 0
j)	Aggregated information -     Aggregated volume -     Price	N/A
k)	Date of the transaction	2024-03-26
l)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / persons closely associated
c)	Name	Wendy Pryce Lewis
2	Reason for the notification
e)	Position/status	PDMR - President, Performance Carbon
f)	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.
m)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 25p each GB0006027295
n)	Nature of the transaction	Vesting at 100% of the 2021 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.
o)	Price(s) and volume(s)	No. of shares acquired No. of shares sold Sale price per share No. of shares retained 47,573 17,665 GBP 2.852 29,908
p)	Aggregated information -     Aggregated volume -     Price	N/A
q)	Date of the transaction	2024-03-26
r)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / persons closely associated
d)	Name	Aniruddha Karve
2	Reason for the notification
g)	Position/status	PDMR - Managing Director, Molten Metal Systems
h)	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.
s)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 25p each GB0006027295
t)	Nature of the transaction	Vesting at 100% of the 2021 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.
u)	Price(s) and volume(s)	No. of shares acquired No. of shares sold Sale price per share No. of shares retained 31,121 11,556 GBP 2.852 19,565
v)	Aggregated information -     Aggregated volume -     Price	N/A
w)	Date of the transaction	2024-03-26
x)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / persons closely associated
e)	Name	Maria Antoniou
2	Reason for the notification
i)	Position/status	PDMR - Group HR Director
j)	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.
y)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 25p each GB0006027295
z)	Nature of the transaction	Vesting at 47.71% of the 2021 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.
aa)	Price(s) and volume(s)	No. of shares acquired No. of shares sold Sale price per share No. of shares retained 48,420 22,838 GBP 2.852 25,582
bb)	Aggregated information -     Aggregated volume -     Price	N/A
cc)	Date of the transaction	2024-03-26
dd)	Place of the transaction	London Stock Exchange (XLON)

This notice is given in fulfilment of the obligation under Article 19 of the Market Abuse Regulation.

Win Chime       

Morgan Advanced Materials plc

[e-mail]

 

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