Director/PDMR Shareholding

Summary by AI BETAClose X

Morgan Advanced Materials plc announced on March 31, 2026, that several Persons Discharging Managerial Responsibilities (PDMRs), including the CFO, Group HR Director, CEO, and Presidents of various divisions, were awarded ordinary shares under the company's Long-Term Incentive Plan (LTIP) and Deferred Bonus Plan. These awards, made on March 26, 2026, at a price of GBP 1.929 per share, are conditional and subject to performance conditions over a three-year period for the LTIP awards, with the Deferred Bonus Plan awards vesting on March 26, 2029. The total number of shares awarded across these transactions amounts to 1,468,800.

Disclaimer*

Morgan Advanced Materials PLC
31 March 2026
 

31 March 2026

Morgan Advanced Materials plc
 (the "Company")

 

Notification of transactions of Directors/Persons Discharging Managerial Responsibilities (PDMRs).

 

1

Details of the person discharging managerial responsibilities / persons closely associated

a)

Name

Maria Antoniou

2

Reason for the notification

a)

Position/status

PDMR - Group HR Director      

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 Company's LTIP (Morgan Advanced Materials Share Plan 2022), vesting subject to performance conditions over a three-year period.

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

GBP 1.929

97,073

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

e)

Date of the transaction

2026-03-26

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

Conditional award of shares under the Company's LTIP (Morgan Advanced Materials Share Plan 2022), vesting subject to performance conditions over a three-year period.

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

GBP 1.929

379,178

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

e)

Date of the transaction

2026-03-26

f)

Place of the transaction

Outside of trading venue.

 

 

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

Conditional award of shares under the Company's LTIP (Morgan Advanced Materials Share Plan 2022), vesting subject to performance conditions over a three-year period.

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

GBP 1.929

67,385

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

e)

Date of the transaction

2026-03-26

f)

Place of the transaction

Outside of trading venue.

 

 

1

Details of the person discharging managerial responsibilities / persons closely associated

a)

Name

Damien Caby

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

Conditional award of shares under the Company's LTIP (Morgan Advanced Materials Share Plan 2022), vesting subject to performance conditions over a three-year period.

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

GBP 1.929

506,404

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

e)

Date of the transaction

2026-03-26

f)

Place of the transaction

Outside of trading venue.

 

 

1

Details of the person discharging managerial responsibilities / persons closely associated

a)

Name

Laurent Cohen-Scali

2

Reason for the notification

a)

Position/status

PDMR - President, Thermal Products

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 Company's LTIP (Morgan Advanced Materials Share Plan 2022), vesting subject to performance conditions over a three-year period.

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

GBP 1.929

168,463

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

e)

Date of the transaction

2026-03-26

f)

Place of the transaction

Outside of trading venue.

 

 

1

Details of the person discharging managerial responsibilities / persons closely associated

a)

Name

Desislava Jung

2

Reason for the notification

a)

Position/status

PDMR - Chief Information 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

Conditional award of shares under the Company's LTIP (Morgan Advanced Materials Share Plan 2022), vesting subject to performance conditions over a three-year period.

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

GBP 1.929

67,385

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

e)

Date of the transaction

2026-03-26

f)

Place of the transaction

Outside of trading venue.

 

 

1

Details of the person discharging managerial responsibilities / persons closely associated

a)

Name

John Righini

2

Reason for the notification

a)

Position/status

PDMR - President, Technical Ceramics

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 Company's LTIP (Morgan Advanced Materials Share Plan 2022), vesting subject to performance conditions over a three-year period.

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

GBP 1.929

168,463

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

e)

Date of the transaction

2026-03-26

f)

Place of the transaction

Outside of trading venue.


 

 

1

Details of the person discharging managerial responsibilities / persons closely associated

a)

Name

Damien Caby

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

Mandatory deferral of a proportion of the cash bonus earned in respect of FY2025 into a conditional award of shares under the Company's Deferred Bonus Plan. The expected vesting date of the award is 26 March 2029.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

GBP 1.929

57,514

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

e)

Date of the transaction

2026-03-26

f)

Place of the transaction

Outside of trading venue.

 

 

 

 

 

 

 

 

 

 

1

Details of the person discharging managerial responsibilities / persons closely associated

a)

Name

Desislava Jung

2

Reason for the notification

a)

Position/status

PDMR - Chief Information 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

Mandatory deferral of a proportion of the cash bonus earned in respect of FY2025 into a conditional award of shares under the Company's Deferred Bonus Plan. The expected vesting date of the award is 26 March 2029.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

GBP 1.929

3,218

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

e)

Date of the transaction

2026-03-26

f)

Place of the transaction

Outside of trading venue.

 

 

1

Details of the person discharging managerial responsibilities / persons closely associated

a)

Name

John Righini

2

Reason for the notification

a)

Position/status

PDMR - President, Technical Ceramics

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

Mandatory deferral of a proportion of the cash bonus earned in respect of FY2025 into a conditional award of shares under the Company's Deferred Bonus Plan. The expected vesting date of the award is 26 March 2029.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

GBP 1.929

6,527

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

e)

Date of the transaction

2026-03-26

f)

Place of the transaction

Outside of trading venue.

 

 

1

Details of the person discharging managerial responsibilities / persons closely associated

a)

Name

Laurent Cohen-Scali

2

Reason for the notification

a)

Position/status

PDMR - President, Thermal Products

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

Mandatory deferral of a proportion of the cash bonus earned in respect of FY2025 into a conditional award of shares under the Company's Deferred Bonus Plan. The expected vesting date of the award is 26 March 2029.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

GBP 1.929

5,521

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

e)

Date of the transaction

2026-03-26

f)

Place of the transaction

Outside of trading venue.

 

 

1

Details of the person discharging managerial responsibilities / persons closely associated

a)

Name

Maria Antoniou

2

Reason for the notification

a)

Position/status

PDMR - Group HR Director

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

Mandatory deferral of a proportion of the cash bonus earned in respect of FY2025 into a conditional award of shares under the Company's Deferred Bonus Plan. The expected vesting date of the award is 26 March 2029.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

GBP 1.929

6,597

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

e)

Date of the transaction

2026-03-26

f)

Place of the transaction

Outside of trading venue.

 

 

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

Mandatory deferral of a proportion of the cash bonus earned in respect of FY2025 into a conditional award of shares under the Company's Deferred Bonus Plan. The expected vesting date of the award is 26 March 2029.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

GBP 1.929

4,527

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

e)

Date of the transaction

2026-03-26

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

Mandatory deferral of a proportion of the cash bonus earned in respect of FY2025 into a conditional award of shares under the Company's Deferred Bonus Plan. The expected vesting date of the award is 26 March 2029.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

GBP 1.929

69,945

d)

Aggregated information

-     Aggregated volume

-     Price

N/A

e)

Date of the transaction

2026-03-26

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.

 

 

For further enquiries, please contact:

Win Chime        

Morgan Advanced Materials plc

 

Company.secretariat@morganplc.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 

Companies

Morgan Advanced Materials (MGAM)
UK 100
FTSE quotes by TradingView

Latest directors dealings

All directors dealings today