Director/PDMR Shareholding

RNS Number : 3270T
Morgan Advanced Materials PLC
24 March 2021
 

24 March 2021

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 21.8% of the 2018 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

51,007

24,058

GBP 3.122

26,949

 

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

2021-03-22

 

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 21.8% of the 2018 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

39,295

18,534

GBP 3.122

20,761

 

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

2021-03-22

 

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 - Global Managing Director, Seals & 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 100% of the 2018 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

44,996

16,708

GBP 3.122

28,288

 

d)

Aggregated information

-  Aggregated volume

-  Price

N/A

e)

Date of the transaction

2021-03-22

 

f) 

Place of the transaction

London Stock Exchange (XLON)

 

 

 

Stephanie Mackie 

Morgan Advanced Materials plc

01753 837000

 

 

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