Director/PDMR Shareholding

RNS Number : 6501I
Morgan Advanced Materials PLC
02 April 2020
 

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 61.3% of the 2017 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)

 

No. of shares acquired

No. of shares sold

Sale price per share

No. of shares retained

144,713

68,255

GBP 1.8337

76,458

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

2020-04-01

 

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 61.3% of the 2017 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)

 

No. of shares acquired

No. of shares sold

Sale price per share

No. of shares retained

114,805

54,149

GBP 1.8337

60,656

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

2020-04-01

 

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 61.3% of the 2017 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

28,259

13,329

GBP 1.8337

14,930

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

2020-04-01

 

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 61.3% of the 2017 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

24,362

12,592

GBP 1.8337

11,770

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

2020-04-01

 

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 61.3% of the 2017 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

11,693

4,346

GBP 1.8337

7,347

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

2020-04-01

 

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 Division

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 61.3% of the 2017 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

14,616

5,428

GBP 1.8337

9,188

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

2020-04-01

 

f) 

Place of the transaction

London Stock Exchange (XLON)

 

 

 

 

 

 

 

1

Details of the person discharging managerial responsibilities / persons closely associated

b)

Name

John Righini

2

Reason for the notification

c)

Position/status

PDMR - Managing Director, Technical Ceramics

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 61.3% of the 2017 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.

i) 

Price(s) and volume(s)

 

No. of shares acquired

No. of shares sold

Sale price per share

No. of shares retained

30,811

11,441

GBP 1.8337

19,370

j) 

Aggregated information

-  Aggregated volume

-  Price

N/A

k) 

Date of the transaction

2020-04-01

 

l) 

Place of the transaction

London Stock Exchange (XLON)

 

 

 

 

 

 

 

 

1

Details of the person discharging managerial responsibilities / persons closely associated

c)

Name

Darren Littleboy

2

Reason for the notification

e)

Position/status

PDMR - Group HR Director

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 at 61.3% of the 2017 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.

o)

Price(s) and volume(s)

 

No. of shares acquired

No. of shares sold

Sale price per share

No. of shares retained

38,978

18,385

GBP 1.8337

20,593

p)

Aggregated information

-  Aggregated volume

-  Price

N/A

q)

Date of the transaction

2020-04-01

 

r) 

Place of the transaction

London Stock Exchange (XLON)

 

 

 

 


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END
 
 
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