Morgan Advanced Materials PLC

Director's Dealing • May 24, 2019

National Storage Mechanism | Additional information

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RNS Number : 1712A

Morgan Advanced Materials PLC

24 May 2019

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 42.9% of the 2016 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 transferred to Candice Raby (spouse of CEO).

c)

Price(s) and volume(s)

No. of shares acquired	No. of shares sold	Sale price per share	No. of shares retained
125,277	59,088	GBP 2.5269	66,189

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

e)

Date of the transaction

2019-05-23

f) 

Place of the transaction

London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities / persons closely associated

a)

Name

Peter Turner

2

Reason for the notification

a)

Position/status

PDMR- CFO

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 42.9% of the 2016 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)

No. of shares acquired	No. of shares sold	Sale price per share	No. of shares retained
102,619	48,289	GBP 2.5269	54,330

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

e)

Date of the transaction

2019-05-23

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- 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 the financial instrument, type of instrument

Identification code

Ordinary Shares of 25p each

GB0006027295

b)

Nature of the transaction

Vesting at 42.9% of the 2016 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)

No. of shares acquired	No. of shares sold	Sale price per share	No. of shares retained
24,419	11,406	GBP 2.5269	13,013

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

e)

Date of the transaction

2019-05-23

f) 

Place of the transaction

London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities / persons closely associated

a)

Name

Ralf Faltermann

2

Reason for the notification

a)

Position/status

PDMR- Managing Director-Electrical Carbon

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 42.9% of the 2016 award under the Long-Term Incentive Plan and subsequent sale of shares.

c)

Price(s) and volume(s)

No. of shares acquired	No. of shares sold	Sale price per share	No. of shares retained
17,769	17,769	GBP 2.5269	0

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

e)

Date of the transaction

2019-05-23

f) 

Place of the transaction

London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities / persons closely associated

a)

Name

Joe Landa

2

Reason for the notification

a)

Position/status

PDMR- Managing Director - Seals and Bearings

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 42.9% of the 2016 award under the Long-Term Incentive Plan and sale of sufficient shares in order to satisfy Tax and Social Security 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
8,884	3,301	2.5269	5,583

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

e)

Date of the transaction

2019-05-23

f) 

Place of the transaction

London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities / persons closely associated

a)

Name

Holly Hulse

2

Reason for the notification

a)

Position/status

PDMR - President - Thermal Products

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 42.9% of the 2016 award under the Long-Term Incentive Plan and sale of sufficient shares in order to satisfy Tax and Social Security 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
13,327	4,949	GBP 2.5269	8,378

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

e)

Date of the transaction

2019-05-23

f) 

Place of the transaction

London Stock Exchange (XLON)

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