Morgan Advanced Materials PLC Director/PDMR Shareholding (9169W)

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RNS Number : 9169W

Morgan Advanced Materials PLC

06 August 2018

 
 1    Details of the person discharging managerial responsibilities 
       / persons closely associated 
 a)   Name                               Pete Raby 
     ---------------------------------  --------------------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------------------------- 
 a)   Position/status                  PDMR - Chief Executive Officer 
     -------------------------------  ----------------------------------------------------- 
 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                   Ordinary Shares of 25p each 
       the financial 
       instrument, type                 GB0006027295 
       of instrument 
       Identification 
       code 
     -------------------------------  ----------------------------------------------------- 
 b)   Nature of the                    Vesting at 15.4% of the 2015 award under 
       transaction                      the Long-Term Incentive Plan (Awarded 
                                        3 August 2015) and sale of sufficient 
                                        shares in order to satisfy Income Tax 
                                        and National Insurance Contributions required 
                                        to be withheld on release. Remaining shares 
                                        transferred to Candice Raby (spouse of 
                                        CEO). 
     -------------------------------  ----------------------------------------------------- 
 c)   Price(s) and volume(s)            No. of      No. of    Sale price   No. of shares 
                                          shares      shares    per share    retained 
                                          acquired    sold 
                                         20,980      9,883     GBP 3.5240   11,097 
                                                    --------  -----------  -------------- 
     -------------------------------  ----------------------------------------------------- 
 d)        Aggregated information                 N/A 
             *    Aggregated volume 
 
 
             *    Price 
     -------------------------------  ----------------------------------------------------- 
 e)   Date of the transaction          2018-08-03 
     -------------------------------  ----------------------------------------------------- 
 f)   Place of the transaction         London Stock Exchange 
     -------------------------------  ----------------------------------------------------- 
 
 

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August 06, 2018 04:24 ET (08:24 GMT)