Director/PDMR Shareholding
Morgan Advanced Materials plc announced that Richard Armitage, CFO, had 33,105 ordinary shares vest under the Long-Term Incentive Plan, selling 15,615 shares at GBP 2.232 each to cover taxes, retaining 17,490 shares. Additionally, Armitage had 13,254 shares vest under the Deferred Bonus Plan, selling 6,251 at GBP 2.232 each and retaining 7,003. John Righini, President of Technical Ceramics, sold 4,000 ordinary shares at GBP 2.232 each, and Desislava Jung, Chief Information Officer, sold 4,418 ordinary shares at GBP 2.232 each, all transactions occurring on May 11, 2026, on the London Stock Exchange.
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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 | Vesting at 15% of the 2023 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 33,105 15,615 GBP 2.232 17,490 | ||||
| d) | Aggregated information - Aggregated volume - Price | N/A | ||||
| e) | Date of the transaction | 202 6-05-11 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
| 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 | Vesting of the 2023 award under the Deferred Bonus 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 13,254 6,251 GBP 2.232 7,003 | ||||
| d) | Aggregated information - Aggregated volume - Price | N/A | ||||
| e) | Date of the transaction | 2026-05-11 | ||||
| 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 of the 2023 award under the Deferred Bonus Plan and subsequent sale of shares. | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | N/A | ||||
| e) | Date of the transaction | 2026-05-11 | ||||
| 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 of 4,418 shares granted under the Morgan Advanced Materials Share Plan 2022 on 10 May 2023 and subsequent sale of shares. | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | N/A | ||||
| e) | Date of the transaction | 202 6-05-11 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) |
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