Morgan Advanced Materials PLC

Director's Dealing • May 3, 2023

National Storage Mechanism | Additional information

RNS Number : 3309Y

Morgan Advanced Materials PLC

03 May 2023

Morgan Advanced Materials plc

3 May 2023

Notification of transactions of Directors/Persons Discharging Managerial Responsibilities

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 of shares awarded on 7 August 2020 under the Morgan Advanced Materials plc Restricted Stock Unit Plan 2018, and subsequent sale of shares in order to satisfy Income Tax and National Insurance Contributions required to be withheld on release.

c)

Price(s) and volume(s)

No. of shares acquired	No. of shares sold	Sale price per share	No. of shares retained
22,634	10,676	GBP 3.085	11,958

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

e)

Date of the transaction

2023-05-02

f) 

Place of the transaction

London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities / persons closely associated

b)

Name

Aniruddha Karve

2

Reason for the notification

c)

Position/status

PDMR - Managing Director, MMS

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 of shares awarded on 7 August 2020 under the Morgan Advanced Materials plc Restricted Stock Unit Plan 2018, and subsequent sale of shares.

i) 

Price(s) and volume(s)

No. of shares acquired	No. of shares sold	Sale price per share
14,938	14,938	GBP 3.085

j) 

Aggregated information

-     Aggregated volume

-     Price

N/A

k)

Date of the transaction

2023-05-02

l) 

Place of the transaction

London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities / persons closely associated

c)

Name

Joe Landa

2

Reason for the notification

e)

Position/status

PDMR - Managing Director, Seals and Bearings

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 of shares awarded on 7 August 2020 under the Morgan Advanced Materials plc Restricted Stock Unit Plan 2018, and subsequent sale of shares in order to satisfy Income Tax and National Insurance Contributions required to be withheld on release.

o)

Price(s) and volume(s)

No. of shares acquired	No. of shares sold	Sale price per share	No. of shares retained
24,898	9,245	GBP 3.085	15,653

p)

Aggregated information

-     Aggregated volume

-     Price

N/A

q)

Date of the transaction

2023-05-02

r) 

Place of the transaction

London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities / persons closely associated

d)

Name

Wendy Pryce Lewis 

2

Reason for the notification

g)

Position/status

PDMR - President, Electrical Carbon 

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 of shares awarded on 7 August 2020 under the Morgan Advanced Materials plc Restricted Stock Unit Plan 2018, and subsequent sale of shares in order to satisfy Income Tax and National Insurance Contributions required to be withheld on release.

u)

Price(s) and volume(s)

No. of shares acquired	No. of shares sold	Sale price per share	No. of shares retained
22,634	8,405	GBP 3.085	14,229

v)

Aggregated information

-     Aggregated volume

-     Price

N/A

w)

Date of the transaction

2023-05-02

x)

Place of the transaction

London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities / persons closely associated

e) 

Name

John Righini

2

Reason for the notification

i)  

Position/status

PDMR - President, Technical Ceramics

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 of shares awarded on 7 August 2020 under the Morgan Advanced Materials plc Restricted Stock Unit Plan 2018, and subsequent sale of shares in order to satisfy Income Tax and National Insurance Contributions required to be withheld on release.

aa) 

Price(s) and volume(s)

No. of shares acquired	No. of shares sold	Sale price per share	No. of shares retained
38,478	14,288	GBP3.085	24,190

bb)     

Aggregated information

-     Aggregated volume

-     Price

N/A

cc) 

Date of the transaction

2023-05-02

dd)     

Place of the transaction

London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities / persons closely associated

f)  

Name

Ria van Waes

2

Reason for the notification

k) 

Position/status

PDMR - Chief Information Officer

l)  

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.

ee) 

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 25p each

GB0006027295

ff)

Nature of the transaction

Vesting of shares awarded on 7 August 2020 under the Morgan Advanced Materials plc Restricted Stock Unit Plan 2018, and subsequent sale of shares in order to satisfy Income Tax and National Insurance Contributions required to be withheld on release.

gg)     

Price(s) and volume(s)

No. of shares acquired	No. of shares sold	Sale price per share	No. of shares retained
22,634	11,244	GBP3.085	11,390

hh) 

Aggregated information

-     Aggregated volume

-     Price

N/A

ii) 

Date of the transaction

2023-05-02

jj) 

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      

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