Director/PDMR Shareholding

RNS Number : 9169W
Morgan Advanced Materials PLC
06 August 2018
 

1

Details of the person discharging managerial responsibilities / persons closely associated

a)

Name

Pete Raby

2

Reason for the notification

a)

Position/status

PDMR - Chief Executive Officer  

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 15.4% of the 2015 award under the Long-Term Incentive Plan (Awarded 3 August 2015) and sale of sufficient shares in order to satisfy Income Tax and National Insurance Contributions required to be withheld on release. Remaining 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

20,980

9,883

GBP 3.5240

11,097

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

e)

Date of the transaction

2018-08-03

 

f) 

Place of the transaction

London Stock Exchange

 

 


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END
 
 
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