Director/PDMR Shareholding
On September 26, 2025, Morgan Advanced Materials PLC announced the grant of an option over 5,564 ordinary shares of 25p each to a Person Discharging Managerial Responsibilities (PDMR) under the UK Save As You Earn (SAYE) Scheme. The option price is GBP 1.64 per share, representing a 20% discount based on the three-day average share price preceding the invitation date. The option is set to mature on December 1, 2028, and the transaction occurred outside of a trading venue.
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Notification of transactions of Directors/Persons Discharging Managerial Responsibilities (PDMRs).
| 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 | ||||
| a) | Name | Morgan Advanced Materials plc | ||||
| b) | LEI | I4K14LL95N2PHDL7EG85 | ||||
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 25p each GB0006027295 | ||||
| b) | 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 164 pence per Share, representing a 20% discount to the Share price which was calculated using the three day average middle market quotation of a Share preceding the invitation date. The Option is due to mature on 1 December 2028. | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | N/A | ||||
| e) | Date of the transaction | 2025-09-26 | ||||
| f) | Place of the transaction | Outside of trading venue |
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