Director/PDMR Shareholding

Morgan Advanced Materials PLC

27 March 2025

 

27 March 2025

Morgan Advanced Materials plc
(the "Company")

Notification of transactions of Directors/Persons Discharging Managerial Responsibilities (PDMRs).

1	Details of the person discharging managerial responsibilities / persons closely associated
a)	Name	Maria Antoniou
2	Reason for the notification
a)	Position/status	PDMR - Group HR Director
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 26.9% of the 2022 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 30,529 14,400 GBP 2.037 16,129
d)	Aggregated information -     Aggregated volume -     Price	N/A
e)	Date of the transaction	2025-03-25
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / persons closely associated
a)	Name	Maria Antoniou
2	Reason for the notification
a)	Position/status	PDMR - Group HR Director
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 2022 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 29,034 13,694 GBP 2.037 15,340
d)	Aggregated information -     Aggregated volume -     Price	N/A
e)	Date of the transaction	2025-03-25
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 - Group 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 26.9% of the 2022 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 12,159 5,735 GBP 2.037 6,424
d)	Aggregated information -     Aggregated volume -     Price	N/A
e)	Date of the transaction	2025-03-25
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 - Group 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 of the 2022 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 18,940 8,934 GBP 2.037 10,006
d)	Aggregated information -     Aggregated volume -     Price	N/A
e)	Date of the transaction	2025-03-25
f)	Place of the transaction	London Stock Exchange (XLON)

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 2022 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 102,305 48,253 GBP 2.037 54,052
d)	Aggregated information -     Aggregated volume -     Price	N/A
e)	Date of the transaction	2025-03-25
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / persons closely associated
a)	Name	Aniruddha Karve
2	Reason for the notification
a)	Position/status	PDMR - Managing Director, Molten Metal Systems
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 15.0% of the 2022 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 5,213 1,942 GBP 2.037 3,271
d)	Aggregated information -     Aggregated volume -     Price	N/A
e)	Date of the transaction	2025-03-25
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / persons closely associated
a)	Name	Aniruddha Karve
2	Reason for the notification
a)	Position/status	PDMR - Managing Director, Molten Metal Systems
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 2022 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 2,004 746 GBP 2.037 1,258
d)	Aggregated information -     Aggregated volume -     Price	N/A
e)	Date of the transaction	2025-03-25
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / persons closely associated
a)	Name	Wendy Pryce Lewis
2	Reason for the notification
a)	Position/status	PDMR - President, Performance Carbon
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 100.0% of the 2022 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 64,303 23,877 GBP 2.037 40,426
d)	Aggregated information -     Aggregated volume -     Price	N/A
e)	Date of the transaction	2025-03-25
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / persons closely associated
a)	Name	Wendy Pryce Lewis
2	Reason for the notification
a)	Position/status	PDMR - President, Performance Carbon
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 2022 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 12,455 4,624 GBP 2.037 7,831
d)	Aggregated information -     Aggregated volume -     Price	N/A
e)	Date of the transaction	2025-03-25
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / persons closely associated
a)	Name	John Righini
2	Reason for the notification
a)	Position/status	PDMR - President, Technical Ceramics
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 100.0% of the 2022 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 86,896 32,265 GBP 2.037 54,631
d)	Aggregated information -     Aggregated volume -     Price	N/A
e)	Date of the transaction	2025-03-25
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / persons closely associated
a)	Name	John Righini
2	Reason for the notification
a)	Position/status	PDMR - President, Technical Ceramics
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 2022 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 26,438 9,817 GBP 2.037 16,621
d)	Aggregated information -     Aggregated volume -     Price	N/A
e)	Date of the transaction	2025-03-25
f)	Place of the transaction	London Stock Exchange (XLON)

This notice is given in fulfilment of the obligation under DTR 3.1 and Article 19 of the UK Market Abuse Regulation.

For further enquiries, please contact:

Win Chime        

Morgan Advanced Materials plc

[e-mail]

 

END