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| TIDM | MGAM |
| Share Price | GBX 218.00-1.36% |
| Market Cap | £604.11m |
On May 11, 2026, Richard Armitage (CFO), John Righini (President, Technical Ceramics), and Desislava Jung (Chief Information Officer), all PDMRs of Morgan Advanced Materials plc, conducted share transactions. Richard Armitage vested a total of 46,359 Ordinary Shares (33,105 from a Long-Term Incentive Plan and 13,254 from a Deferred Bonus Plan), selling 21,866 of these shares at GBP 2.232 each to satisfy tax and National Insurance obligations. John Righini sold 4,000 Ordinary Shares and Desislava Jung sold 4,418 Ordinary Shares, both at GBP 2.232 per share, following share vestings.
| Date | 12 May 2026 |
| Time | 14:09:34 |
| Category | Director/PDMR dealings |
| ID | 0260E |
12 May 2026
Morgan Advanced Materials plc
(the "Company")
Notification of transactions of Directors/Persons Discharging Managerial Responsibilities (PDMRs).
|
1 |
Details of the person discharging managerial responsibilities / persons closely associated |
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|
a) |
Name |
Richard Armitage |
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|
2 |
Reason for the notification |
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|
a) |
Position/status |
PDMR - CFO |
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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 |
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. |
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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 |
2026-05-11 |
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|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
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|
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 |
||||||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||||||
|
a) |
Name |
Morgan Advanced Materials plc |
||||||||
|
b) |
LEI |
I4K14LL95N2PHDL7EG85 |
||||||||
|
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. |
|||||||||
|
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) |
|
||||||||
|
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) |
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|
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 |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Morgan Advanced Materials plc |
||||
|
b) |
LEI |
I4K14LL95N2PHDL7EG85 |
||||
|
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. |
|||||
|
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 |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Morgan Advanced Materials plc |
||||
|
b) |
LEI |
I4K14LL95N2PHDL7EG85 |
||||
|
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. |
|||||
|
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. |
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|
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) |
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This notice is given in fulfilment of the obligation under Article 19 of the Market Abuse Regulation.
For further enquiries, please contact:
Win Chime
Morgan Advanced Materials plc