This notification is made in accordance with Article 19 of the EU Market Abuse Regulation.
Details of the person discharging managerial responsibilities / persons closely associated
Reason for the notification
PDMR - Group General Counsel
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Morgan Advanced Materials plc
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.
Description of the financial instrument, type of instrument
Ordinary Shares of 25p each
Nature of the transaction
Grant of an Option over Shares, following an election to participate in the UK Save As You Earn (SAYE) Scheme with an Option Price of 181 pence per Share, representing a 20% discount to the Share price which was calculated using the 5 day average middle market quotation of a Share preceding the invitation date. The SAYE Scheme is due to mature on 1 December 2023.
Price(s) and volume(s)
- Aggregated volume
Date of the transaction
Place of the transaction
Outside of trading venue.