11 May 2023
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 | Mandatory deferral of a proportion of the cash bonus earned in respect of FY2022 into a conditional award of shares under the Company's Deferred Bonus Plan. The expected vesting date of the award is 10 May 2026. | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | N/A | ||||
| e) | Date of the transaction | 2023-05-10
| ||||
| f) | Place of the transaction | Outside of trading venue.
| ||||
| 1 | Details of the person discharging managerial responsibilities / persons closely associated | |||||
| a) | Name | Richard Armitage | ||||
| 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 | Mandatory deferral of a proportion of the cash bonus earned in respect of FY2022 into a conditional award of shares under the Company's Deferred Bonus Plan. The expected vesting date of the award is 10 May 2026. | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | N/A | ||||
| e) | Date of the transaction | 2023-05-10
| ||||
| f) | Place of the transaction | Outside of trading venue.
| ||||
| 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, Electrical 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 | Mandatory deferral of a proportion of the cash bonus earned in respect of FY2022 into a conditional award of shares under the Company's Deferred Bonus Plan. The expected vesting date of the award is 10 May 2026. | |||||
| c) | Price(s) and volume(s) |
| |||||
| d) | Aggregated information - Aggregated volume - Price | N/A | |||||
| e) | Date of the transaction | 2023-05-10
| |||||
| f) | Place of the transaction | Outside of trading venue.
| |||||
| 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 | Mandatory deferral of a proportion of the cash bonus earned in respect of FY2022 into a conditional award of shares under the Company's Deferred Bonus Plan. The expected vesting date of the award is 10 May 2026. | |||||
| c) | Price(s) and volume(s) |
| |||||
| d) | Aggregated information - Aggregated volume - Price | N/A | |||||
| e) | Date of the transaction | 2023-05-10
| |||||
| f) | Place of the transaction | Outside of trading venue.
| |||||
This notice is given in fulfilment of the obligation under Article 19 of the Market Abuse Regulation.
Win Chime
Company Secretary
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.