23 March 2022
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 52.17% of the 2019 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) |
| ||||||||
| d) | Aggregated information - Aggregated volume - Price | N/A | ||||||||
| e) | Date of the transaction | 2022-03-21
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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 | 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 52.17% of the 2019 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) |
| ||||||||
| d) | Aggregated information - Aggregated volume - Price | N/A | ||||||||
| e) | Date of the transaction | 2022-03-21
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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 29.19% of the 2019 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) |
| ||||||||
| d) | Aggregated information - Aggregated volume - Price | N/A | ||||||||
| e) | Date of the transaction | 2022-03-21
| ||||||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||||||
| 1 | Details of the person discharging managerial responsibilities / persons closely associated | |||||||||
| b) | Name | Ria van Waes | ||||||||
| 2 | Reason for the notification | |||||||||
| c) | Position/status | PDMR - Chief Information Officer | ||||||||
| 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 29.19% of the 2019 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. | ||||||||
| i) | Price(s) and volume(s) |
| ||||||||
| j) | Aggregated information - Aggregated volume - Price | N/A | ||||||||
| k) | Date of the transaction | 2022-03-21
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| l) | 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.
Stephanie Mackie
Morgan Advanced Materials plc
01753 837000
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