Morgan Advanced Materials PLC Director/PDMR Shareholding (2884A)

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RNS Number : 2884A

Morgan Advanced Materials PLC

28 September 2020

Director/PDMR Shareholding

This notification is made in accordance with Article 19 of the EU Market Abuse Regulation.

 
 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                   Ordinary Shares of 25p each 
       the financial 
       instrument, type                 GB0006027295 
       of instrument 
       Identification 
       code 
     -------------------------------  ------------------------------------------------ 
 b)   Nature of the                    Grant of an Option over Shares, following 
       transaction                      an election to participate in the UK Save 
                                        As You Earn (SAYE) Scheme with an Option 
                                        Price of 181 pence per Share, representing 
                                        a 20% discount to the Share price which 
                                        was calculated using the 5 day average 
                                        middle market quotation of a Share preceding 
                                        the invitation date. The SAYE Scheme is 
                                        due to mature on 1 December 2023. 
     -------------------------------  ------------------------------------------------ 
 c)   Price(s) and volume(s)             Price(s)    Volume(s) 
                                          GBP 1.81    4,972 
                                                     ---------- 
     -------------------------------  ------------------------------------------------ 
 d)        Aggregated information                 N/A 
             *    Aggregated volume 
 
 
             *    Price 
     -------------------------------  ------------------------------------------------ 
 e)   Date of the transaction          2020-09-25 
     -------------------------------  ------------------------------------------------ 
 f)   Place of the transaction         Outside of trading venue. 
     -------------------------------  ------------------------------------------------ 
 
 

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September 28, 2020 04:19 ET (08:19 GMT)