31 May 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 | Richard Armitage | ||||
| 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 | Conditional award of shares under the Morgan Advanced Materials Share Plan 2022, vesting subject to performance conditions over a three-year period. | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | N/A | ||||
| e) | Date of the transaction | 2022-05-30
| ||||
| f) | Place of the transaction | Outside of trading venue.
| ||||
| 1 | Details of the person discharging managerial responsibilities / persons closely associated | |||||
| a) | Name | Richard Armitage | ||||
| 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 | Award of shares under the Morgan Advanced Materials Share Plan 2022, conditional on Mr. Armitage not having resigned or been dismissed in specified circumstances, vesting on 30 May 2023. The one-off award is made to offset Mr. Armitage's forfeited bonus from his previous employer. There are no performance conditions attaching to this award. | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | N/A | ||||
| e) | Date of the transaction | 2022-05-30
| ||||
| f) | Place of the transaction | Outside of trading venue.
| ||||
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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