Director/PDMR Shareholding
Morgan Advanced Materials plc announced that several Persons Discharging Managerial Responsibilities (PDMRs), including Maria Antoniou, Paul Boulton, John Righini, Damien Caby, and Desislava Jung, have participated in transactions involving the company's ordinary shares. These transactions involved the vesting of 15% of their 2023 Long-Term Incentive Plan awards, with a portion of the vested shares sold at GBP 1.847 per share to cover tax liabilities. Specifically, Maria Antoniou acquired 16,950 shares and sold 7,996, retaining 8,954; Paul Boulton acquired 6,491 shares and sold 3,070, retaining 3,421; John Righini sold 13,731 shares; Damien Caby acquired 13,731 shares and sold 6,599, retaining 7,132; and Desislava Jung sold 6,241 shares. All transactions occurred on March 23, 2026, on the London Stock Exchange.
Select text to share a quote on X · sign in to keep highlights & notes in your MGAM notes
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 | ||||
| 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 | Vesting at 15% of the 2023 LTIP award under the Morgan Advanced Materials Share Plan 2022 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 16,950 7,996 GBP 1.847 8,954 | ||||
| d) | Aggregated information - Aggregated volume - Price | N/A | ||||
| e) | Date of the transaction | 2026-03-23 | ||||
| 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 | ||||
| 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 | Vesting at 15% of the 2023 LTIP award under the Morgan Advanced Materials Share Plan 2022 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 6,491 3,070 GBP 1.847 3,421 | ||||
| d) | Aggregated information - Aggregated volume - Price | N/A | ||||
| e) | Date of the transaction | 2026-03-23 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
| 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 | ||||
| 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 | Vesting at 15% of the 2023 LTIP award under the Morgan Advanced Materials Share Plan 2022 and subsequent sale of shares. | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | N/A | ||||
| e) | Date of the transaction | 2026-03-23 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
| 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 | ||||
| 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 | Vesting at 15% of the 2023 LTIP award under the Morgan Advanced Materials Share Plan 2022 and sale of sufficient shares in order to satisfy tax 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 13,731 6,599 GBP 1.847 7,132 | ||||
| d) | Aggregated information - Aggregated volume - Price | N/A | ||||
| e) | Date of the transaction | 2026-03-23 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
| 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 | ||||
| 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 | Vesting at 15% of the 2023 LTIP award under the Morgan Advanced Materials Share Plan 2022 and subsequent sale of shares. | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | N/A | ||||
| e) | Date of the transaction | 2026-03-23 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.