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Morgan Advanced Materials plc announced that on 10 May 2023, Chief Information Officer Desislava Jung was granted an award of 13,256 restricted ordinary shares under the Morgan Advanced Materials Share Plan 2022. This award was made at a price of GBP 3.004 per share and has no performance conditions attached. The shares are scheduled for release in tranches of 4,419 in May 2024, 4,419 in May 2025, and 4,418 in May 2026.
| Date | 11 May 2023 |
| Time | 12:06:41 |
| Category | Director/PDMR dealings |
| ID | 1381Z |
11 May 2023
Morgan Advanced Materials plc
Notification of transactions of Directors/Persons Discharging Managerial Responsibilities
On 10 May 2023, Desislava Jung, Chief Information Officer, was granted an award in the form of restricted shares in accordance with the rules of the Morgan Advanced Materials Share Plan 2022. This award was made to compensate for forfeited incentive awards on leaving her previous employer and has no performance conditions attached.
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Number of shares granted |
Release date |
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4,419 |
May 2024 |
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4,419 |
May 2025 |
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4,418 |
May 2026 |
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1 |
Details of the person discharging managerial responsibilities / persons closely associated |
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a) |
Name |
Desislava Jung |
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2 |
Reason for the notification |
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a) |
Position/status |
PDMR - Chief Information Officer |
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b) |
Initial notification/Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Morgan Advanced Materials plc |
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b) |
LEI |
I4K14LL95N2PHDL7EG85 |
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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. |
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a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary Shares of 25p each
GB0006027295 |
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b) |
Nature of the transaction |
Award of shares under the Morgan Advanced Materials Share Plan 2022. |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Price |
N/A |
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e) |
Date of the transaction |
2023-05-10 |
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f) |
Place of the transaction |
Outside of trading venue
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This notice is given in fulfilment of the obligation under Article 19 of the Market Abuse Regulation.
Win Chime
Company Secretary