Morgan Advanced Materials PLC Director/PDMR Shareholding (4642P)

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RNS Number : 4642P

Morgan Advanced Materials PLC

09 October 2023

9 October 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                   Ordinary Shares of 25p each 
       the financial 
       instrument, type                 GB0006027295 
       of instrument 
       Identification 
       code 
     -------------------------------  ---------------------------------------------------- 
 b)   Nature of the                    Vesting of the 2020 award under the Long-Term 
       transaction                      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      No. of    Sale price   No. of shares 
                                           shares      shares    per share    retained 
                                           acquired    sold 
                                          246,198     116,120   GBP 2.395    130,078 
                                                     --------  -----------  -------------- 
     -------------------------------  ---------------------------------------------------- 
 d)        Aggregated information                 N/A 
             *    Aggregated volume 
 
 
             *    Price 
     -------------------------------  ---------------------------------------------------- 
 e)   Date of the transaction          2023-10-05 
     -------------------------------  ---------------------------------------------------- 
 f)   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

Company Secretary

[e-mail]

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October 09, 2023 11:43 ET (15:43 GMT)