27 March 2024
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 | Vesting at 14.82% of the 2021 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. Retained shares subject to post-vest holding period of two years. | ||||||||
| c) | Price(s) and volume(s) |
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| d) | Aggregated information - Aggregated volume - Price | N/A | ||||||||
| e) | Date of the transaction | 2024-03-26
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| 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 - 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 47.71% of the 2021 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) |
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| d) | Aggregated information - Aggregated volume - Price | N/A | ||||||||
| e) | Date of the transaction | 2024-03-26
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| f) | Place of the transaction | London Stock Exchange (XLON) | ||||||||
| 1 | Details of the person discharging managerial responsibilities / persons closely associated | |||||||||
| b) | Name | John Righini | ||||||||
| 2 | Reason for the notification | |||||||||
| c) | Position/status | PDMR - President, Technical Ceramics | ||||||||
| d) | 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. | |||||||||
| g) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 25p each
GB0006027295 | ||||||||
| h) | Nature of the transaction | Vesting at 100% of the 2021 award under the Long-Term Incentive Plan and sale of all shares. | ||||||||
| i) | Price(s) and volume(s) |
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| j) | Aggregated information - Aggregated volume - Price | N/A | ||||||||
| k) | Date of the transaction | 2024-03-26
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| l) | Place of the transaction | London Stock Exchange (XLON) | ||||||||
| 1 | Details of the person discharging managerial responsibilities / persons closely associated | |||||||||
| c) | Name | Wendy Pryce Lewis | ||||||||
| 2 | Reason for the notification | |||||||||
| e) | Position/status | PDMR - President, Performance Carbon | ||||||||
| f) | 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. | |||||||||
| m) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 25p each
GB0006027295 | ||||||||
| n) | Nature of the transaction | Vesting at 100% of the 2021 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. | ||||||||
| o) | Price(s) and volume(s) |
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| p) | Aggregated information - Aggregated volume - Price | N/A | ||||||||
| q) | Date of the transaction | 2024-03-26
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| r) | Place of the transaction | London Stock Exchange (XLON) | ||||||||
| 1 | Details of the person discharging managerial responsibilities / persons closely associated | |||||||||
| d) | Name | Aniruddha Karve | ||||||||
| 2 | Reason for the notification | |||||||||
| g) | Position/status | PDMR - Managing Director, Molten Metal Systems | ||||||||
| h) | 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. | |||||||||
| s) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 25p each
GB0006027295 | ||||||||
| t) | Nature of the transaction | Vesting at 100% of the 2021 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. | ||||||||
| u) | Price(s) and volume(s) |
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| v) | Aggregated information - Aggregated volume - Price | N/A | ||||||||
| w) | Date of the transaction | 2024-03-26
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| x) | Place of the transaction | London Stock Exchange (XLON) | ||||||||
| 1 | Details of the person discharging managerial responsibilities / persons closely associated | |||||||||
| e) | Name | Maria Antoniou | ||||||||
| 2 | Reason for the notification | |||||||||
| i) | Position/status | PDMR - Group HR Director | ||||||||
| j) | 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. | |||||||||
| y) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 25p each
GB0006027295 | ||||||||
| z) | Nature of the transaction | Vesting at 47.71% of the 2021 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. | ||||||||
| aa) | Price(s) and volume(s) |
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| bb) | Aggregated information - Aggregated volume - Price | N/A | ||||||||
| cc) | Date of the transaction | 2024-03-26
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| dd) | 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
Morgan Advanced Materials plc
Company.secretariat@morganplc.com
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